Schneider National, Inc. $SNDR Shares Sold by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. has decreased its stake in Schneider National, Inc. by 6.2%, now owning 770,819 shares valued at approximately $17.6 million.
• Schneider National recently declared a quarterly dividend of $0.095 per share, with an annualized yield of 1.5% and a payout ratio of 54.29%.
• According to analysts, Schneider National's average rating is a "Moderate Buy" with a target price of $27.29, reflecting a mix of buy, hold, and strong buy ratings from various firms.

Charles Schwab Investment Management Inc. lowered its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 6.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 770,819 shares of the company's stock after selling 51,241 shares during the period. Charles Schwab Investment Management Inc. owned about 0.44% of Schneider National worth $17,613,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake in shares of Schneider National by 8.6% during the first quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company's stock worth $129,000 after purchasing an additional 448 shares in the last quarter. US Bancorp DE increased its stake in shares of Schneider National by 142.4% during the first quarter. US Bancorp DE now owns 289,234 shares of the company's stock worth $6,609,000 after purchasing an additional 169,890 shares in the last quarter. Goodman Financial Corp increased its stake in shares of Schneider National by 3.1% during the first quarter. Goodman Financial Corp now owns 522,190 shares of the company's stock worth $11,932,000 after purchasing an additional 15,473 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Schneider National during the first quarter worth about $201,000. Finally, Mackenzie Financial Corp increased its stake in shares of Schneider National by 109.8% during the first quarter. Mackenzie Financial Corp now owns 32,878 shares of the company's stock worth $751,000 after purchasing an additional 17,208 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Trading Down 1.2%

NYSE:SNDR traded down $0.29 on Thursday, hitting $24.65. The stock had a trading volume of 679,907 shares, compared to its average volume of 814,164. 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 stock 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 fifty day moving average price of $24.98 and a two-hundred day moving average price of $24.27. Schneider National, Inc. has a 1-year low of $20.59 and a 1-year high of $33.90.

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

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the company'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 value of $891,478.56. Following the transaction, the executive vice president directly owned 72,870 shares in the company, valued at approximately $1,775,113.20. This represents a 33.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 32.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SNDR. Stifel Nicolaus cut their target price on shares of Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a research note on Friday, May 2nd. Evercore ISI cut their target price on shares of Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. Citigroup boosted their price target on shares of Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Finally, Robert W. Baird assumed coverage on shares of Schneider National in a research report on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has an average 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.