Amundi Purchases 89,300 Shares of Schneider National, Inc. $SNDR

Amundi lifted its stake in Schneider National, Inc. (NYSE:SNDR) by 97,065.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,392 shares of the company’s stock after purchasing an additional 89,300 shares during the period. Amundi owned about 0.05% of Schneider National worth $1,956,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. WPG Advisers LLC purchased a new stake in Schneider National in the first quarter worth about $25,000. KBC Group NV purchased a new position in shares of Schneider National in the 1st quarter valued at approximately $28,000. Quarry LP acquired a new position in Schneider National in the 1st quarter worth approximately $32,000. Lazard Asset Management LLC acquired a new position in Schneider National in the 4th quarter worth approximately $76,000. Finally, CWM LLC increased its holdings in Schneider National by 103.4% in the 1st quarter. CWM LLC now owns 3,513 shares of the company’s stock worth $80,000 after buying an additional 1,786 shares during the period. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Stock Down 2.9%

NYSE SNDR opened at $23.83 on Friday. The business’s fifty day simple moving average is $24.93 and its 200-day simple moving average is $24.05. 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 $4.18 billion, a PE ratio of 34.04, a P/E/G ratio of 0.78 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.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. The firm 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 company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $0.21 EPS. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, equities analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National’s dividend payout ratio (DPR) is presently 54.29%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SNDR. Bank of America raised their price objective on shares of Schneider National from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Citigroup raised their price objective on Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. UBS Group lowered Schneider National from a “buy” rating to a “neutral” rating and raised their price objective for the company from $25.00 to $26.00 in a report on Friday, September 5th. Baird R W upgraded Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. Finally, Erste Group Bank upgraded Schneider National from a “hold” rating to a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $27.36.

Insider Activity

In related 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 transaction of $891,478.56. Following the completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 32.68% of the company’s stock.

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.