AlphaQuest LLC Makes New $694,000 Investment in Schneider National, Inc. $SNDR

Key Points

• AlphaQuest LLC acquired 30,353 shares of Schneider National, Inc. in the first quarter, valuing the purchase at approximately $694,000.
• Analysts have a consensus rating of "Moderate Buy" for Schneider National with an average price target of $27.29, following varying adjustments from major firms.
• The company announced a quarterly dividend of $0.095 per share, representing a 1.5% yield and a payout ratio of 54.29%.

AlphaQuest LLC purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 30,353 shares of the company's stock, valued at approximately $694,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KBC Group NV bought a new stake in shares of Schneider National in the 1st quarter worth approximately $28,000. Lazard Asset Management LLC bought a new stake in shares of Schneider National in the 4th quarter worth approximately $76,000. CWM LLC raised its holdings in shares of Schneider National by 103.4% in the 1st quarter. CWM LLC now owns 3,513 shares of the company's stock worth $80,000 after purchasing an additional 1,786 shares in the last quarter. State of Wyoming raised its holdings in shares of Schneider National by 82.4% in the 4th quarter. State of Wyoming now owns 3,607 shares of the company's stock worth $106,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Schneider National by 545.6% in the 4th quarter. Deutsche Bank AG now owns 3,725 shares of the company's stock worth $109,000 after purchasing an additional 3,148 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total transaction of $891,478.56. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 32.68% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Robert W. Baird assumed coverage on shares of Schneider National in a report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price on the stock. Bank of America boosted their target price on shares of Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $24.00 to $32.00 in a report on Monday, June 2nd. Finally, Evercore ISI dropped their target price on shares of Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a research report on Friday, May 2nd. One investment 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 stock. According to MarketBeat, Schneider National currently has a consensus rating of "Moderate Buy" and an average target price of $27.29.

Schneider National Stock Down 1.2%

SNDR traded down $0.29 on Thursday, reaching $24.65. 679,907 shares of the company traded hands, compared to its average volume of 810,659. The stock's 50 day moving average price is $24.96 and its 200-day moving average price is $24.30. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90. The company has a market cap of $4.32 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 0.79 and a beta of 1.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS 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 firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the firm posted $0.21 earnings per share. The firm's 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. On average, sell-side analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.5%. Schneider National's payout ratio 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.