Wellington Management Group LLP Cuts Position in Schneider National, Inc. $SNDR

Wellington Management Group LLP decreased its holdings in Schneider National, Inc. (NYSE:SNDR) by 95.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 87,638 shares of the company’s stock after selling 1,802,375 shares during the quarter. Wellington Management Group LLP’s holdings in Schneider National were worth $2,003,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SNDR. PNC Financial Services Group Inc. grew its holdings in Schneider National by 8.6% in the first quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company’s stock valued at $129,000 after purchasing an additional 448 shares during the last quarter. Captrust Financial Advisors grew its holdings in Schneider National by 4.1% in the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company’s stock valued at $646,000 after purchasing an additional 867 shares during the last quarter. Snowden Capital Advisors LLC grew its holdings in Schneider National by 5.5% in the fourth quarter. Snowden Capital Advisors LLC now owns 23,516 shares of the company’s stock valued at $691,000 after purchasing an additional 1,223 shares during the last quarter. KBC Group NV acquired a new stake in Schneider National in the first quarter valued at $28,000. Finally, QRG Capital Management Inc. grew its holdings in Schneider National by 1.1% in the first quarter. QRG Capital Management Inc. now owns 139,500 shares of the company’s stock valued at $3,188,000 after purchasing an additional 1,473 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Stock Up 0.2%

SNDR opened at $24.70 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.17. The firm has a market cap of $4.33 billion, a P/E ratio of 35.28, a PEG ratio of 0.79 and a beta of 1.11. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The business’s fifty day simple moving average is $25.00 and its 200 day simple moving average is $24.22.

Schneider National (NYSE:SNDR) last issued 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. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company earned $0.21 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, equities research analysts anticipate 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 will be paid on Thursday, October 9th. Shareholders of record on Friday, September 12th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National’s dividend payout ratio (DPR) is presently 54.29%.

Insider Transactions at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the firm’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 sale, the executive vice president directly owned 72,870 shares of the company’s stock, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 32.68% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Citigroup upped their target price on Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. Robert W. Baird assumed coverage on Schneider National in a report on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 target price on the stock. The Goldman Sachs Group raised Schneider National from a “neutral” rating to a “buy” rating and upped their target price for the company from $24.00 to $32.00 in a report on Monday, June 2nd. Baird R W raised Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. Finally, Bank of America increased 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. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Schneider National currently has an average 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.