Chicago Partners Investment Group LLC Purchases Shares of 8,264 Schneider National, Inc. $SNDR

Chicago Partners Investment Group LLC purchased a new stake in shares of Schneider National, Inc. (NYSE:SNDR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 8,264 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors have also made changes to their positions in SNDR. Jones Financial Companies Lllp grew its holdings in shares of Schneider National by 2,481,000.0% in 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. Millennium Management LLC acquired a new position in shares of Schneider National in the first quarter valued at approximately $7,477,000. Nuveen LLC acquired a new position in shares of Schneider National in the first quarter valued at approximately $5,631,000. Dimensional Fund Advisors LP grew its holdings in shares of Schneider National by 4.7% in the first 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 in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Schneider National in the first quarter valued at approximately $4,543,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Thomas G. Jackson sold 36,596 shares of the company’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 completion of the sale, the executive vice president owned 72,870 shares in the company, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 32.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SNDR. Evercore ISI dropped their price objective on shares of Schneider National from $24.00 to $22.00 and set an “in-line” rating for the company in a report on Tuesday, September 30th. Susquehanna dropped their price objective on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. Robert W. Baird began coverage on shares of Schneider National in a research note on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price target for the company. Zacks Research downgraded shares of Schneider National from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Schneider National from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Schneider National presently has an average rating of “Hold” and a consensus target price of $27.00.

Schneider National Stock Up 1.0%

Shares of NYSE:SNDR opened at $22.92 on Friday. The company has a market capitalization of $4.02 billion, a PE ratio of 32.74, a P/E/G ratio of 0.74 and a beta of 1.06. 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, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90. The firm has a 50 day simple moving average of $23.30 and a 200-day simple moving average of $23.77.

Schneider National (NYSE:SNDR) last issued 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 during the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.21 EPS. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. On average, equities analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Friday, September 12th were given a $0.095 dividend. The ex-dividend date was Friday, September 12th. This represents a $0.38 annualized dividend and a yield of 1.7%. Schneider National’s dividend payout ratio is 54.29%.

About Schneider National

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.