Park Avenue Securities LLC Has $494,000 Stake in Schneider National, Inc. $SNDR

Park Avenue Securities LLC lowered its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 7.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 20,449 shares of the company’s stock after selling 1,587 shares during the period. Park Avenue Securities LLC’s holdings in Schneider National were worth $494,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in Schneider National by 4.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company’s stock valued at $105,489,000 after purchasing an additional 206,582 shares during the last quarter. American Century Companies Inc. boosted its stake in Schneider National by 5.5% during the 1st quarter. American Century Companies Inc. now owns 2,604,873 shares of the company’s stock valued at $59,521,000 after purchasing an additional 134,922 shares during the last quarter. Earnest Partners LLC boosted its stake in Schneider National by 3.3% during the 1st quarter. Earnest Partners LLC now owns 2,206,990 shares of the company’s stock valued at $50,430,000 after purchasing an additional 70,476 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Schneider National by 2,481,000.0% during the 1st quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company’s stock valued at $14,740,000 after purchasing an additional 645,060 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in 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 purchasing an additional 8,677 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Down 0.8%

NYSE:SNDR opened at $21.10 on Tuesday. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.70 billion, a PE ratio of 30.14, a price-to-earnings-growth ratio of 0.68 and a beta of 1.11. The firm’s 50 day moving average is $24.19 and its 200 day moving average is $23.81. Schneider National, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90.

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

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.8%. Schneider National’s payout ratio is presently 54.29%.

Insider Transactions at Schneider National

In other Schneider National 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 transaction of $891,478.56. Following the sale, the executive vice president owned 72,870 shares of the company’s stock, valued at $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 23.43% of the stock is owned by insiders.

Analyst Ratings Changes

SNDR has been the subject of a number of analyst reports. Susquehanna cut their price target on Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a research report on Thursday, September 11th. UBS Group cut shares of Schneider National from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. Citigroup lifted their target price on shares of Schneider National from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 9th. Finally, Robert W. Baird started coverage on shares of Schneider National in a research report 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 assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $27.14.

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.