Rhumbline Advisers Reduces Stock Holdings in Schneider National, Inc. $SNDR

Rhumbline Advisers trimmed its position in Schneider National, Inc. (NYSE:SNDR) by 2.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 156,013 shares of the company’s stock after selling 4,047 shares during the period. Rhumbline Advisers owned about 0.09% of Schneider National worth $3,565,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Schneider National by 9.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company’s stock valued at $408,000 after buying an additional 1,474 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Schneider National during the 4th quarter valued at about $8,453,000. New York State Teachers Retirement System lifted its position in shares of Schneider National by 33.6% during the 1st quarter. New York State Teachers Retirement System now owns 18,447 shares of the company’s stock valued at $422,000 after buying an additional 4,637 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Schneider National by 1,128.3% during the 1st quarter. GAMMA Investing LLC now owns 16,041 shares of the company’s stock valued at $367,000 after buying an additional 14,735 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Schneider National by 1.5% during the 1st quarter. Invesco Ltd. now owns 580,860 shares of the company’s stock valued at $13,273,000 after buying an additional 8,677 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of the business’s stock in a transaction on 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.43% of the stock is currently owned by insiders.

Schneider National Stock Performance

NYSE:SNDR opened at $23.94 on Tuesday. The company has a market cap of $4.20 billion, a price-to-earnings ratio of 34.20, a PEG ratio of 0.76 and a beta of 1.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The stock’s 50 day simple moving average is $24.90 and its two-hundred day simple moving average is $24.00. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting analysts’ consensus estimates of $0.21. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the business 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 fiscal year.

Schneider National Announces Dividend

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 issued a dividend of $0.095 per share. The ex-dividend date is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.6%. Schneider National’s payout ratio is presently 54.29%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on SNDR shares. Citigroup lifted their price objective on Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, July 9th. Erste Group Bank raised Schneider National from a “hold” rating to a “buy” rating in a research report on Thursday, September 11th. UBS Group cut Schneider National from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $25.00 to $26.00 in a research report on Friday, September 5th. The Goldman Sachs Group raised Schneider National from a “neutral” rating to a “buy” rating and lifted their target price for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. Finally, Robert W. Baird initiated coverage on Schneider National in a research note on Tuesday, July 1st. They set an “outperform” rating and a $28.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $27.36.

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.