Invesco Ltd. Has $13.27 Million Position in Schneider National, Inc. $SNDR

Invesco Ltd. raised its holdings in Schneider National, Inc. (NYSE:SNDR) by 1.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 580,860 shares of the company’s stock after buying an additional 8,677 shares during the quarter. Invesco Ltd. owned 0.33% of Schneider National worth $13,273,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. KBC Group NV acquired a new stake in shares of Schneider National during the 1st quarter valued at about $28,000. Lazard Asset Management LLC bought a new stake in Schneider National in the fourth quarter valued at about $76,000. CWM LLC increased its stake in Schneider National by 103.4% in the first quarter. CWM LLC now owns 3,513 shares of the company’s stock valued at $80,000 after acquiring an additional 1,786 shares during the period. State of Wyoming increased its stake in Schneider National by 82.4% in the fourth quarter. State of Wyoming now owns 3,607 shares of the company’s stock valued at $106,000 after acquiring an additional 1,629 shares during the period. Finally, Deutsche Bank AG increased its stake in Schneider National by 545.6% in the fourth quarter. Deutsche Bank AG now owns 3,725 shares of the company’s stock valued at $109,000 after acquiring an additional 3,148 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the stock in a transaction that occurred 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 sale, 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 document filed with the Securities & Exchange Commission, which is available through this link. 32.68% of the stock is owned by company insiders.

Schneider National Stock Performance

NYSE:SNDR opened at $25.3350 on Friday. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90. The firm has a 50 day moving average of $24.91 and a 200-day moving average of $24.39. 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 stock has a market capitalization of $4.44 billion, a P/E ratio of 36.19, a price-to-earnings-growth ratio of 0.78 and a beta of 1.11.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the company posted $0.21 earnings per share. Schneider National’s quarterly revenue was up 7.9% compared to the same quarter last year. 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 EPS for the current fiscal year.

Schneider National Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Schneider National from a “neutral” rating to a “buy” rating and upped their price objective for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. Evercore ISI lowered their price objective on Schneider National from $23.00 to $22.00 and set an “in-line” rating on the stock in a research note on Friday, May 2nd. Robert W. Baird assumed coverage on Schneider National in a research note on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price objective on the stock. Bank of America upped their price objective on Schneider National from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, May 16th. Finally, Stifel Nicolaus lowered their price objective on Schneider National from $25.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.