Charles Schwab Investment Management Inc. Sells 51,241 Shares of Schneider National, Inc. $SNDR

Charles Schwab Investment Management Inc. lowered its stake in Schneider National, Inc. (NYSE:SNDR) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 770,819 shares of the company’s stock after selling 51,241 shares during the period. Charles Schwab Investment Management Inc. owned 0.44% of Schneider National worth $17,613,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SNDR. Bank of Montreal Can bought a new stake in Schneider National in the fourth quarter valued at $201,000. Raymond James Financial Inc. bought a new stake in Schneider National in the fourth quarter valued at $5,349,000. Barclays PLC boosted its holdings in Schneider National by 103.4% in the fourth quarter. Barclays PLC now owns 44,994 shares of the company’s stock valued at $1,317,000 after acquiring an additional 22,876 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Schneider National by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company’s stock valued at $129,128,000 after acquiring an additional 144,133 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Schneider National by 92.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,289 shares of the company’s stock valued at $301,000 after acquiring an additional 4,934 shares in the last quarter. Institutional investors own 28.54% of the company’s stock.

Insider Transactions at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of the company’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $24.36, for a total value of $891,478.56. Following the transaction, the executive vice president owned 72,870 shares in the company, valued at $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 32.68% of the stock is currently owned by insiders.

Schneider National Stock Performance

Shares of Schneider National stock opened at $25.3350 on Friday. The stock has a market cap of $4.44 billion, a price-to-earnings ratio of 36.19, a PEG ratio of 0.78 and a beta of 1.11. The firm’s 50-day moving average is $24.91 and its 200 day moving average is $24.39. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77.

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

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be paid a $0.095 dividend. The ex-dividend date is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.5%. Schneider National’s payout ratio is presently 54.29%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Schneider National from a “neutral” rating to a “buy” rating and upped their target price for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. Stifel Nicolaus reduced their target price 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. Evercore ISI reduced their target price on shares of Schneider National from $23.00 to $22.00 and set an “in-line” rating on the stock in a research report on Friday, May 2nd. Baird R W raised shares of Schneider National to a “strong-buy” rating in a research report on Tuesday, July 1st. Finally, Bank of America upped their target price on shares of Schneider National from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.29.

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.