William Blair analyst Jeff Schmitt has maintained their bullish stance on SCHW stock, giving a Buy rating on November 7.
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Jeff Schmitt has given his Buy rating due to a combination of factors including the notable increase in investor engagement, which has led to heightened client trading activity and a rise in margin loan balances. The company’s sweep cash is also experiencing significant growth as the Federal Reserve eases, suggesting further increases towards the end of the year.
Additionally, Charles Schwab is showing signs of organic growth improvement compared to the previous year, and with certificate of deposit balances nearing a low point, the company is expected to reinvest maturing securities soon. This strategic move is anticipated to bolster the net interest margin and earnings in 2026, even amidst potential Federal Reserve rate cuts, due to the currently low yield environment.
In another report released on November 7, Barclays also maintained a Buy rating on the stock with a $115.00 price target.
Based on the recent corporate insider activity of 138 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCHW in relation to earlier this year.