Charles SchwabSCHW
About: Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $9 trillion of client assets at the end of September 2024. Nearly all of its revenue is from the United States.
Employees: 32,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2% less repeat investments, than reductions
Existing positions increased: 723 | Existing positions reduced: 736
3% less funds holding
Funds holding: 1,871 [Q2] → 1,819 (-52) [Q3]
3.18% less ownership
Funds ownership: 88.28% [Q2] → 85.1% (-3.18%) [Q3]
14% less first-time investments, than exits
New positions opened: 143 | Existing positions closed: 166
15% less capital invested
Capital invested by funds: $116B [Q2] → $98.1B (-$17.5B) [Q3]
23% less call options, than puts
Call options by funds: $1.33B | Put options by funds: $1.74B
32% less funds holding in top 10
Funds holding in top 10: 78 [Q2] → 53 (-25) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Wells Fargo Michael Brown 74% 1-year accuracy 32 / 43 met price target | 16%upside $89 | Equal-Weight Maintained | 14 Jan 2025 |
Citigroup Christopher Allen 81% 1-year accuracy 17 / 21 met price target | 5%upside $80 | Neutral Maintained | 10 Jan 2025 |
JP Morgan Kenneth Worthington 67% 1-year accuracy 24 / 36 met price target | 22%upside $93 | Overweight Maintained | 7 Jan 2025 |
Piper Sandler Patrick Moley 80% 1-year accuracy 35 / 44 met price target | 8%downside $70 | Neutral Maintained | 7 Jan 2025 |
Keefe, Bruyette & Woods Kyle Voigt 74% 1-year accuracy 20 / 27 met price target | 22%upside $93 | Outperform Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 18 articles about SCHW published over the past 30 days
