Ceredex Value Advisors LLC Acquires 43,250 Shares of Schneider National, Inc. $SNDR

Key Points

• Ceredex Value Advisors LLC increased its stake in Schneider National, Inc. by 11.3%, owning 425,200 shares valued at approximately $9.7 million after purchasing an additional 43,250 shares in the first quarter.
• Schneider National recently reported $1.42 billion in revenue for the last quarter, indicating a 7.9% year-over-year increase, while earnings per share (EPS) met analysts' expectations at $0.21.
• The company declared a quarterly dividend of $0.095 per share, with a dividend yield of 1.5%, and a payout ratio of 54.29%.

Ceredex Value Advisors LLC lifted its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 11.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 425,200 shares of the company's stock after acquiring an additional 43,250 shares during the quarter. Ceredex Value Advisors LLC owned approximately 0.24% of Schneider National worth $9,716,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KBC Group NV bought a new position in Schneider National in the first quarter worth $28,000. Lazard Asset Management LLC bought a new position in Schneider National in the fourth quarter worth $76,000. 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 worth $80,000 after purchasing an additional 1,786 shares in the last quarter. State of Wyoming raised its holdings in Schneider National by 82.4% in the fourth 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 Schneider National by 545.6% in the fourth 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. Institutional investors own 28.54% of the company's stock.

Insider Buying and Selling at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National 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 transaction, the executive vice president directly owned 72,870 shares of the company's stock, valued at $1,775,113.20. The trade was a 33.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 32.68% of the stock is currently owned by insiders.

Schneider National Stock Performance

NYSE:SNDR traded up $0.06 on Friday, hitting $24.70. The stock had a trading volume of 690,150 shares, compared to its average volume of 797,696. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 35.28, a price-to-earnings-growth ratio of 0.78 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. The business's 50-day simple moving average is $25.00 and its two-hundred day simple moving average is $24.25. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The business's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, research analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current 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 dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National's payout ratio is presently 54.29%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Citigroup increased their price objective on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and increased their target price for the stock from $24.00 to $32.00 in a research note on Monday, June 2nd. Stifel Nicolaus cut their target price on Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a research note on Friday, May 2nd. Baird R W raised Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. Finally, Bank of America increased their target price on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.29.

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.