Cherokee Insurance Co Invests $275,000 in Schneider National, Inc. $SNDR

Cherokee Insurance Co purchased a new stake in shares of Schneider National, Inc. (NYSE:SNDR) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 11,400 shares of the company’s stock, valued at approximately $275,000.

Other large investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in Schneider National by 4.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company’s stock worth $105,489,000 after buying an additional 206,582 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Schneider National by 5.5% in the first quarter. American Century Companies Inc. now owns 2,604,873 shares of the company’s stock worth $59,521,000 after acquiring an additional 134,922 shares during the period. Earnest Partners LLC raised its holdings in shares of Schneider National by 3.3% during the first quarter. Earnest Partners LLC now owns 2,206,990 shares of the company’s stock valued at $50,430,000 after purchasing an additional 70,476 shares during the last quarter. Geode Capital Management LLC lifted its position in Schneider National by 3.9% during the second quarter. Geode Capital Management LLC now owns 836,497 shares of the company’s stock valued at $20,205,000 after purchasing an additional 31,387 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in 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 worth $14,740,000 after purchasing an additional 645,060 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

Schneider National Stock Performance

SNDR opened at $22.11 on Thursday. The company has a 50 day simple moving average of $22.62 and a two-hundred day simple moving average of $23.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. The firm has a market cap of $3.88 billion, a P/E ratio of 34.54, a PEG ratio of 0.84 and a beta of 1.04. Schneider National, Inc. has a 1-year low of $20.11 and a 1-year high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.09). The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.44 billion. Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Equities analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Friday, December 12th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, December 12th. Schneider National’s payout ratio is presently 59.38%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SNDR. Zacks Research downgraded Schneider National from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. Susquehanna cut their price target on Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a research report on Thursday, September 11th. National Bankshares set a $21.00 price objective on shares of Schneider National in a report on Friday, October 31st. Finally, Citigroup cut their target price on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.64.

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.