AlphaQuest LLC Trims Stock Holdings in Schneider National, Inc. $SNDR

AlphaQuest LLC trimmed its position in Schneider National, Inc. (NYSE:SNDR) by 59.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,256 shares of the company’s stock after selling 18,097 shares during the period. AlphaQuest LLC’s holdings in Schneider National were worth $296,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SNDR. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Schneider National by 9.0% during 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 in the last quarter. KBC Group NV purchased a new stake in shares of Schneider National during the first quarter valued at $28,000. New York State Teachers Retirement System boosted its position in Schneider National by 33.6% in the first quarter. New York State Teachers Retirement System now owns 18,447 shares of the company’s stock worth $422,000 after purchasing an additional 4,637 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in Schneider National in the first quarter worth about $395,000. Finally, Principal Financial Group Inc. lifted its position in shares of Schneider National by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 233,660 shares of the company’s stock valued at $5,339,000 after buying an additional 5,925 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

SNDR has been the subject of a number of recent analyst reports. Citigroup dropped their price objective on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, October 13th. Stifel Nicolaus raised Schneider National from a “hold” rating to a “buy” rating and cut their target price for the company from $26.00 to $25.00 in a research report on Friday, October 3rd. Susquehanna cut their target price on Schneider National from $24.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. TD Cowen cut their price objective on Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their price target on Schneider National from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday. One 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. Based on data from MarketBeat.com, Schneider National presently has an average rating of “Hold” and a consensus price target of $25.79.

Insider Buying and Selling at Schneider National

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 stock was sold at an average price of $24.36, for a total transaction 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 trade represents a 33.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 32.68% of the company’s stock.

Schneider National Price Performance

Shares of NYSE SNDR opened at $21.45 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 2.11. The company has a market cap of $3.76 billion, a PE ratio of 33.51, a P/E/G ratio of 0.65 and a beta of 1.06. The business has a 50-day simple moving average of $23.04 and a two-hundred day simple moving average of $23.75. Schneider National, Inc. has a fifty-two week low of $20.11 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.09). The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. Schneider National had a return on equity of 4.04% and a net margin of 2.03%.Schneider National’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.18 EPS. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. As a group, equities analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Friday, December 12th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is presently 54.29%.

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.