Schneider National, Inc. $SNDR Shares Sold by US Bancorp DE

US Bancorp DE trimmed its holdings in Schneider National, Inc. (NYSE:SNDR) by 0.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 287,015 shares of the company’s stock after selling 2,219 shares during the quarter. US Bancorp DE owned about 0.16% of Schneider National worth $6,931,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SNDR. Evercore ISI decreased their price objective on Schneider National from $24.00 to $22.00 and set an “in-line” rating for the company in a report on Tuesday, September 30th. Erste Group Bank raised Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. Robert W. Baird began coverage on Schneider National in a report on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price objective for the company. Baird R W raised Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. Finally, Stifel Nicolaus raised Schneider National from a “hold” rating to a “buy” rating and decreased their price objective for the company from $26.00 to $25.00 in a report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.14.

Schneider National Price Performance

Schneider National stock opened at $22.20 on Monday. Schneider National, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The business has a 50 day simple moving average of $23.58 and a 200-day simple moving average of $23.72. The stock has a market capitalization of $3.89 billion, a PE ratio of 31.71, a price-to-earnings-growth ratio of 0.71 and a beta of 1.06.

Schneider National (NYSE:SNDR) last released 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 business had revenue of $1.42 billion during 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 company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. Equities analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders 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 presently 54.29%.

Insider Transactions at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of the transaction, the executive vice president owned 72,870 shares in the company, valued at approximately $1,775,113.20. This represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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.