Schneider National (NYSE:SNDR) Price Target Raised to $39.00

Schneider National (NYSE:SNDR) had its target price boosted by Susquehanna from $36.00 to $39.00 in a research note released on Tuesday morning, Marketbeat reports. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also weighed in on SNDR. Raymond James Financial restated a “market perform” rating on shares of Schneider National in a report on Monday, April 20th. Wells Fargo & Company raised their target price on Schneider National from $33.00 to $38.00 and gave the stock an “equal weight” rating in a report on Friday, June 5th. Zacks Research upgraded shares of Schneider National from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. TD Cowen lifted their price target on shares of Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Citigroup raised their price objective on Schneider National from $33.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Schneider National has an average rating of “Hold” and an average target price of $34.31.

Schneider National Stock Up 5.6%

NYSE SNDR opened at $38.48 on Tuesday. The company has a current ratio of 1.95, a quick ratio of 1.83 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $35.33 and its two-hundred day moving average is $30.61. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 68.71, a PEG ratio of 1.00 and a beta of 1.17. Schneider National has a 1-year low of $20.11 and a 1-year high of $39.27.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, April 30th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Schneider National had a return on equity of 3.45% and a net margin of 1.73%.Schneider National’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. Equities analysts forecast that Schneider National will post 0.91 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 12th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, June 12th. Schneider National’s dividend payout ratio is 71.43%.

Insider Transactions at Schneider National

In other news, EVP Shaleen Devgun sold 8,352 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $38.59, for a total transaction of $322,303.68. Following the completion of the transaction, the executive vice president directly owned 38,619 shares of the company’s stock, valued at $1,490,307.21. This represents a 17.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Magnin Shelly A. Dumas sold 2,425 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total value of $74,932.50. Following the transaction, the vice president owned 24,697 shares of the company’s stock, valued at approximately $763,137.30. The trade was a 8.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 31,048 shares of company stock valued at $1,150,304 over the last three months. Company insiders own 23.64% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SNDR. Vaughan Nelson Investment Management L.P. bought a new position in Schneider National in the fourth quarter valued at $29,469,000. Balyasny Asset Management L.P. acquired a new stake in Schneider National in the 2nd quarter valued at $26,393,000. Bank of New York Mellon Corp lifted its position in Schneider National by 145.4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,816,087 shares of the company’s stock worth $48,181,000 after buying an additional 1,076,184 shares in the last quarter. AQR Capital Management LLC lifted its position in Schneider National by 64.9% during the 4th quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock worth $55,115,000 after buying an additional 817,259 shares in the last quarter. Finally, Gotham Asset Management LLC boosted its stake in shares of Schneider National by 396.1% during the 3rd quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock worth $18,109,000 after buying an additional 683,298 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.