Envestnet Asset Management Inc. decreased its holdings in shares of Schneider National, Inc. (NYSE:SNDR – Free Report) by 0.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 569,638 shares of the company’s stock after selling 4,921 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.32% of Schneider National worth $13,016,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SNDR. KBC Group NV acquired a new stake in shares of Schneider National during the 1st quarter worth $28,000. Huntington National Bank grew its stake in Schneider National by 237.9% during the fourth quarter. Huntington National Bank now owns 1,416 shares of the company’s stock worth $41,000 after buying an additional 997 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Schneider National in the 4th quarter valued at about $48,000. CIBC Private Wealth Group LLC raised its position in shares of Schneider National by 4,856.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,379 shares of the company’s stock valued at $69,000 after buying an additional 2,331 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Schneider National during the 4th quarter worth approximately $76,000. 28.54% of the stock is owned by institutional investors.
Analysts Set New Price Targets
SNDR has been the subject of several analyst reports. National Bankshares set a $25.00 target price on Schneider National in a research report on Friday, March 28th. Bank of America upped their price objective on shares of Schneider National from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, May 16th. Baird R W raised shares of Schneider National to a “strong-buy” rating in a research note on Tuesday, July 1st. Stifel Nicolaus cut their price target on shares of Schneider National from $25.00 to $22.00 and set a “hold” rating on the stock in a research report on Friday, May 2nd. Finally, Citigroup lifted their price objective on Schneider National from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 9th. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.29.
Schneider National Stock Down 1.6%
SNDR stock opened at $25.06 on Friday. The stock has a 50-day simple moving average of $24.47 and a two-hundred day simple moving average of $25.18. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90. The firm has a market capitalization of $4.39 billion, a PE ratio of 35.80, a PEG ratio of 0.75 and a beta of 1.10. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.19.
Schneider National (NYSE:SNDR – Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.11 earnings per share. On average, equities analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.
Schneider National Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Friday, June 13th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.38 annualized dividend and a yield of 1.52%. Schneider National’s payout ratio is 54.29%.
Schneider National Profile
Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.
Recommended Stories
- Five stocks we like better than Schneider National
- Breakout Stocks: What They Are and How to Identify Them
- PepsiCo Bottomed Out—Time to Chugalug This Blue-Chip Buy?
- Want to Profit on the Downtrend? Downtrends, Explained.
- Is J.B. Hunt Stock a Sleeping Giant Heading Into 2026?
- Golden Cross Stocks: Pattern, Examples and Charts
- These 3 Rare Earth Stocks Are Surging Alongside MP Materials
Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.