Vanguard Group Inc. Has $97.17 Million Position in Schneider National, Inc. $SNDR

Vanguard Group Inc. lowered its holdings in Schneider National, Inc. (NYSE:SNDR) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,252,570 shares of the company’s stock after selling 116,963 shares during the quarter. Vanguard Group Inc. owned about 2.42% of Schneider National worth $97,171,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. KBC Group NV acquired a new position in Schneider National in the first quarter worth $28,000. Lazard Asset Management LLC acquired a new position in Schneider National in the fourth quarter worth $76,000. CWM LLC boosted its stake in Schneider National by 103.4% in the first quarter. CWM LLC now owns 3,513 shares of the company’s stock worth $80,000 after purchasing an additional 1,786 shares in the last quarter. State of Wyoming boosted 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 worth $106,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Deutsche Bank AG boosted 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 worth $109,000 after purchasing an additional 3,148 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Insider Buying and Selling

In related news, EVP Thomas G. Jackson sold 36,596 shares of the company’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of the sale, the executive vice president owned 72,870 shares in the company, valued at approximately $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 SEC, which can be accessed through this link. Corporate insiders own 32.68% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on SNDR shares. Bank of America boosted their price objective on Schneider National from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Robert W. Baird started coverage on Schneider National in a research report on Tuesday, July 1st. They set an “outperform” rating and a $28.00 target price for the company. Evercore ISI dropped their target price on Schneider National from $23.00 to $22.00 and set an “in-line” rating for the company in a research report on Friday, May 2nd. Baird R W upgraded Schneider National to a “strong-buy” rating in a research report on Tuesday, July 1st. Finally, Stifel Nicolaus dropped their target price on Schneider National from $25.00 to $22.00 and set a “hold” rating for the company in a research report on Friday, May 2nd. One 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $27.29.

Schneider National Trading Up 3.7%

NYSE SNDR opened at $25.3350 on Friday. The stock has a 50-day simple moving average of $24.91 and a 200 day simple moving average of $24.39. The company has a market capitalization of $4.44 billion, a PE ratio of 36.19, a P/E/G ratio of 0.78 and a beta of 1.11. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. Schneider National, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90.

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

Schneider National Dividend Announcement

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