Campbell & CO Investment Adviser LLC Acquires New Shares in Schneider National, Inc. $SNDR

Key Points

• Campbell & CO Investment Adviser LLC has acquired 158,292 shares of Schneider National, Inc. worth approximately $3.6 million, equating to about 0.09% ownership in the company.
• Schneider National recently declared a quarterly dividend of $0.095, resulting in an annualized dividend of $0.38 and a yield of 1.5%.
• The company's stock saw a 3.7% increase on a recent trading day, with shares opening at $25.3350, and it has set its fiscal year 2025 earnings guidance at 0.750-0.950 EPS.

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 158,292 shares of the company's stock, valued at approximately $3,617,000. Campbell & CO Investment Adviser LLC owned approximately 0.09% of Schneider National as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Jump Financial LLC acquired a new position in Schneider National during the first quarter worth $963,000. AlphaQuest LLC acquired a new position in Schneider National during the first quarter valued at approximately $694,000. Quantbot Technologies LP raised its holdings in Schneider National by 98.0% in the 1st quarter. Quantbot Technologies LP now owns 109,625 shares of the company's stock worth $2,505,000 after acquiring an additional 54,259 shares during the period. Northern Trust Corp lifted its position in Schneider National by 12.0% during the 1st quarter. Northern Trust Corp now owns 566,958 shares of the company's stock worth $12,955,000 after acquiring an additional 60,656 shares during the last quarter. Finally, Versor Investments LP lifted its position in shares of Schneider National by 247.4% during the 1st quarter. Versor Investments LP now owns 65,014 shares of the company's stock worth $1,486,000 after purchasing an additional 46,300 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Price Performance

Shares of NYSE:SNDR traded down $0.29 during midday trading on Thursday, reaching $24.65. The company's stock had a trading volume of 678,781 shares, compared to its average volume of 810,659. 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 company has a market capitalization of $4.32 billion, a P/E ratio of 35.21, a P/E/G ratio of 0.79 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's fifty day simple moving average is $24.96 and its 200-day simple moving average is $24.30.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, meeting analysts' consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business posted $0.21 earnings per share. Schneider National's revenue for the quarter was up 7.9% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, equities research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be issued a $0.095 dividend. The ex-dividend date is Friday, September 12th. This represents a $0.38 annualized dividend and a yield of 1.5%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Evercore ISI cut their price target on Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. Robert W. Baird started coverage on shares of Schneider National in a report on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price objective on the stock. Bank of America lifted their target price on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. The Goldman Sachs Group upgraded Schneider National from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. Finally, Baird R W upgraded Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $27.29.

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the business's 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 sale, the executive vice president directly owned 72,870 shares of the company's stock, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 32.68% of the stock is currently owned by insiders.

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.