Schneider National, Inc. $SNDR Shares Bought by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS grew its position in shares of Schneider National, Inc. (NYSE:SNDR) by 9.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,500 shares of the company’s stock after acquiring an additional 3,500 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Schneider National were worth $1,006,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Schneider National by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company’s stock valued at $105,489,000 after acquiring an additional 206,582 shares during the period. American Century Companies Inc. raised its stake in shares of Schneider National by 5.5% during the first 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 in the last quarter. Earnest Partners LLC raised its stake in shares of Schneider National by 3.3% during the first 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 in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Schneider National by 2,481,000.0% during the first 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 in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Schneider National by 1.5% during the first 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 in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of Schneider National stock opened at $22.66 on Thursday. 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’s 50-day moving average price is $23.45 and its two-hundred day moving average price is $23.70. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The stock has a market cap of $3.97 billion, a PE ratio of 32.37, a price-to-earnings-growth ratio of 0.73 and a beta of 1.06.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The firm 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 for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business 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 anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Friday, September 12th were issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, September 12th. Schneider National’s payout ratio is presently 54.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SNDR shares. JPMorgan Chase & Co. lifted their price objective on shares of Schneider National from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Weiss Ratings restated a “hold (c)” rating on shares of Schneider National in a research note on Wednesday, October 8th. Susquehanna cut their price objective on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Evercore ISI cut their price objective on shares of Schneider National from $24.00 to $22.00 and set an “in-line” rating on the stock in a research note on Tuesday, September 30th. Finally, Erste Group Bank upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $27.00.

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 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 32.68% 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.