Schneider National, Inc. $SNDR Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in Schneider National, Inc. (NYSE:SNDR) by 8.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,646 shares of the company’s stock after purchasing an additional 448 shares during the period. PNC Financial Services Group Inc.’s holdings in Schneider National were worth $129,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SNDR. Captrust Financial Advisors lifted its position in shares of Schneider National by 4.1% during the 4th quarter. Captrust Financial Advisors now owns 22,061 shares of the company’s stock valued at $646,000 after acquiring an additional 867 shares during the last quarter. Sterling Capital Management LLC lifted its position in shares of Schneider National by 57.2% during the 4th quarter. Sterling Capital Management LLC now owns 2,813 shares of the company’s stock valued at $82,000 after acquiring an additional 1,024 shares during the last quarter. Snowden Capital Advisors LLC lifted its position in shares of Schneider National by 5.5% during the 4th quarter. Snowden Capital Advisors LLC now owns 23,516 shares of the company’s stock valued at $691,000 after acquiring an additional 1,223 shares during the last quarter. KBC Group NV acquired a new stake in shares of Schneider National during the 1st quarter valued at $28,000. Finally, QRG Capital Management Inc. lifted its position in shares of Schneider National by 1.1% during the 1st quarter. QRG Capital Management Inc. now owns 139,500 shares of the company’s stock valued at $3,188,000 after acquiring an additional 1,473 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Trading Up 2.3%

NYSE SNDR opened at $24.9450 on Wednesday. Schneider National, Inc. has a 1-year low of $20.59 and a 1-year high of $33.90. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $4.37 billion, a PE ratio of 35.64, a price-to-earnings-growth ratio of 0.78 and a beta of 1.11. The firm’s fifty day simple moving average is $24.89 and its 200-day simple moving average is $24.45.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Friday, September 12th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National’s dividend payout ratio is presently 54.29%.

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total transaction of $891,478.56. Following the transaction, the executive vice president directly owned 72,870 shares of the company’s stock, valued at $1,775,113.20. This represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 23.43% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Evercore ISI reduced their target price on Schneider National from $23.00 to $22.00 and set an “in-line” rating for the company in a report on Friday, May 2nd. Stifel Nicolaus reduced their target price on Schneider National from $25.00 to $22.00 and set a “hold” rating for the company in a report on Friday, May 2nd. Baird R W upgraded Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. The Goldman Sachs Group upgraded Schneider National from a “neutral” rating to a “buy” rating and increased their target price for the company from $24.00 to $32.00 in a report on Monday, June 2nd. Finally, Bank of America increased their target price on Schneider National from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $27.29.

Schneider National Company 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.