Caxton Associates LLP Purchases Shares of 83,735 Schneider National, Inc. $SNDR

Caxton Associates LLP purchased a new stake in Schneider National, Inc. (NYSE:SNDR) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 83,735 shares of the company’s stock, valued at approximately $1,913,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SNDR. WPG Advisers LLC purchased a new stake in Schneider National in the 1st quarter valued at about $25,000. KBC Group NV purchased a new stake in shares of Schneider National during the 1st quarter worth about $28,000. Quarry LP acquired a new stake in Schneider National during the 1st quarter worth approximately $32,000. Lazard Asset Management LLC purchased a new position in Schneider National in the fourth quarter valued at approximately $76,000. Finally, CWM LLC raised its holdings in Schneider National by 103.4% in the first quarter. CWM LLC now owns 3,513 shares of the company’s stock valued at $80,000 after buying an additional 1,786 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Insider Activity

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 72,870 shares of the company’s stock, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 23.43% of the stock is currently owned by insiders.

Analysts Set New Price Targets

SNDR has been the topic of several research reports. Baird R W upgraded shares of Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. Citigroup raised their price target on shares of Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. Bank of America raised their price target on shares of Schneider National from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Friday, May 16th. Robert W. Baird initiated coverage on shares of Schneider National in a report on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price target on the stock. Finally, The Goldman Sachs Group upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and raised their price target for the company from $24.00 to $32.00 in a report on Monday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $27.36.

Schneider National Stock Down 0.3%

NYSE SNDR opened at $24.47 on Tuesday. The stock has a market cap of $4.29 billion, a PE ratio of 34.95, a P/E/G ratio of 0.78 and a beta of 1.11. Schneider National, Inc. has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The business has a 50 day moving average price of $25.04 and a two-hundred day moving average price of $24.08. The company has a quick ratio of 1.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.17.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the company posted $0.21 EPS. Schneider National’s quarterly revenue was up 7.9% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, sell-side analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Friday, September 12th will be given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National’s dividend payout ratio is presently 54.29%.

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.