83,735 Shares in Schneider National, Inc. $SNDR Purchased by Caxton Associates LLP

Key Points

• Caxton Associates LLP acquired 83,735 shares of Schneider National, Inc. for approximately $1.91 million in the first quarter, indicating institutional interest in the stock.
• Insider activity reported a significant sale by EVP Thomas G. Jackson, who sold 36,596 shares for about $891,478, reducing his stake by 33.43%.
• Schneider National announced a quarterly dividend of $0.095 per share, representing an annual yield of 1.6%, payable on October 9th to shareholders of record.

Caxton Associates LLP purchased a new position 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 fund purchased 83,735 shares of the company's stock, valued at approximately $1,913,000.

Several other institutional investors also recently added to or reduced their stakes in SNDR. WPG Advisers LLC acquired a new position in Schneider National during the first quarter worth approximately $25,000. KBC Group NV acquired a new position in shares of Schneider National in the first quarter valued at approximately $28,000. Quarry LP acquired a new position in shares of Schneider National in the first quarter valued at approximately $32,000. Lazard Asset Management LLC acquired a new position in shares of Schneider National in the fourth quarter valued at approximately $76,000. Finally, CWM LLC increased its holdings in shares of 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 purchasing an additional 1,786 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Price Performance

SNDR stock traded down $0.72 on Friday, reaching $23.83. 457,996 shares of the company's stock were exchanged, compared to its average volume of 690,135. The stock has a fifty day moving average of $24.93 and a 200-day moving average of $24.02. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90. The firm has a market cap of $4.18 billion, a PE ratio of 34.04, a P/E/G ratio of 0.76 and a beta of 1.11. 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 - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.Schneider National's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, equities analysts predict 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. Stockholders of record on Friday, September 12th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, September 12th. Schneider National's dividend payout ratio is currently 54.29%.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the company's stock in a transaction 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 sale, the executive vice president directly owned 72,870 shares in the company, valued at $1,775,113.20. This represents a 33.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 23.43% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Baird R W raised Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Erste Group Bank raised Schneider National from a "hold" rating to a "buy" rating in a report on Thursday. UBS Group lowered Schneider National from a "buy" rating to a "neutral" rating and boosted their target price for the company from $25.00 to $26.00 in a report on Friday, September 5th. Citigroup boosted their target price on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 9th. Finally, Robert W. Baird started coverage on Schneider National in a report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $27.36.

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.