Parallel Advisors LLC Lowers Stake in Schneider National, Inc. $SNDR

Parallel Advisors LLC reduced its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 10.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,567 shares of the company’s stock after selling 1,127 shares during the quarter. Parallel Advisors LLC’s holdings in Schneider National were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Deutsche Bank AG lifted its position in Schneider National by 545.6% during the fourth quarter. Deutsche Bank AG now owns 3,725 shares of the company’s stock valued at $109,000 after buying an additional 3,148 shares in the last quarter. Lazard Asset Management LLC acquired a new position in Schneider National during the fourth quarter valued at approximately $76,000. State of Wyoming lifted its position in shares of Schneider National by 82.4% during 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. Squarepoint Ops LLC acquired a new position in shares of Schneider National during the fourth quarter worth $847,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Schneider National by 15.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 151,253 shares of the company’s stock worth $4,429,000 after purchasing an additional 20,779 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Baird R W raised shares of Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. UBS Group lowered shares of Schneider National from a “buy” rating to a “neutral” rating and boosted their target price for the company from $25.00 to $26.00 in a research note on Friday, September 5th. Robert W. Baird initiated coverage on shares of Schneider National in a research note on Tuesday, July 1st. They set an “outperform” rating and a $28.00 target price for the company. The Goldman Sachs Group upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and boosted their target price for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. Finally, Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.36.

Schneider National Trading Down 2.7%

Shares of SNDR stock opened at $22.40 on Monday. Schneider National, Inc. has a 1 year low of $20.59 and a 1 year high of $33.90. The firm’s fifty day simple moving average is $24.64 and its 200 day simple moving average is $23.93. The firm has a market capitalization of $3.93 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 0.71 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 (NYSE:SNDR) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company earned $0.21 earnings per share. The business’s 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 predict that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, September 12th. Schneider National’s payout ratio is currently 54.29%.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total value of $891,478.56. Following the sale, the executive vice president owned 72,870 shares in the company, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 23.43% of the company’s stock.

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.