Public Employees Retirement System of Ohio Purchases 1,573 Shares of Schneider National, Inc. $SNDR

Public Employees Retirement System of Ohio boosted its position in Schneider National, Inc. (NYSE:SNDR) by 9.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,082 shares of the company’s stock after buying an additional 1,573 shares during the period. Public Employees Retirement System of Ohio’s holdings in Schneider National were worth $437,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. GAMMA Investing LLC raised its position in shares of Schneider National by 1,128.3% in the 1st quarter. GAMMA Investing LLC now owns 16,041 shares of the company’s stock worth $367,000 after acquiring an additional 14,735 shares in the last quarter. NorthCrest Asset Manangement LLC acquired a new stake in Schneider National during the first quarter worth approximately $257,000. Wealth Enhancement Advisory Services LLC increased its holdings in Schneider National by 9.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company’s stock worth $408,000 after purchasing an additional 1,474 shares in the last quarter. QRG Capital Management Inc. lifted its stake 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 buying an additional 1,473 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Schneider National by 2.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 121,172 shares of the company’s stock worth $2,769,000 after buying an additional 3,451 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Stock Performance

Shares of SNDR opened at $21.76 on Monday. 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 company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 31.08, a PEG ratio of 0.69 and a beta of 1.06. The stock has a 50 day moving average of $23.82 and a 200 day moving average of $23.75. 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 data on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $1.42 billion for 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 business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The business 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. This represents a $0.38 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, September 12th. Schneider National’s dividend payout ratio (DPR) is 54.29%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SNDR shares. Erste Group Bank upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. Robert W. Baird began coverage on shares of Schneider National in a report on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price target for the company. Citigroup lifted their price target on shares of Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, July 9th. Baird R W upgraded shares of Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. Finally, Stifel Nicolaus upgraded Schneider National from a “hold” rating to a “buy” rating and reduced their target price for the company from $26.00 to $25.00 in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Schneider National currently has an average rating of “Moderate Buy” and an average target price of $27.36.

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National stock in a transaction dated 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 of the company’s stock, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 23.43% 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.