Schneider National, Inc. $SNDR Shares Acquired by Earnest Partners LLC

Key Points

• Earnest Partners LLC increased its holdings in Schneider National, Inc. by 3.3% in Q1, now owning approximately 1.26% of the company valued at $50.43 million.
• Schneider National's stock has received upgrades from various analysts, with target prices lifted by firms such as Goldman Sachs and Citigroup, indicating positive market sentiment towards the company.
• The company announced a quarterly dividend of $0.095 per share, representing a yield of 1.5%, with the payout scheduled for October 9th.

Earnest Partners LLC raised its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 3.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,206,990 shares of the company's stock after buying an additional 70,476 shares during the quarter. Earnest Partners LLC owned about 1.26% of Schneider National worth $50,430,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. KBC Group NV acquired a new stake in Schneider National in the first quarter valued at $28,000. Lazard Asset Management LLC acquired a new stake in Schneider National in the fourth quarter valued at $76,000. CWM LLC lifted its holdings in 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 acquiring an additional 1,786 shares during the period. State of Wyoming lifted 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 valued at $106,000 after acquiring an additional 1,629 shares during the period. Finally, Deutsche Bank AG lifted 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 valued at $109,000 after acquiring an additional 3,148 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the firm's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total transaction of $891,478.56. Following the sale, the executive vice president owned 72,870 shares in the company, valued at $1,775,113.20. This trade represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 23.43% of the stock is owned by company insiders.

Schneider National Price Performance

Shares of NYSE SNDR traded up $0.06 during trading on Monday, reaching $24.70. The company had a trading volume of 690,150 shares, compared to its average volume of 780,223. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90. The stock has a market capitalization of $4.33 billion, a PE ratio of 35.28, a price-to-earnings-growth ratio of 0.79 and a beta of 1.11. The stock has a 50-day moving average price of $25.00 and a two-hundred day moving average price of $24.20. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting analysts' consensus estimates of $0.21. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The company had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.41 billion. During the same period in the previous year, the firm posted $0.21 earnings per share. The business'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, sell-side analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The firm 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 dividend of $0.095 per share. The ex-dividend date is Friday, September 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.5%. Schneider National's dividend payout ratio (DPR) is 54.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Citigroup raised 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. Robert W. Baird assumed 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. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and upped their target price for the company from $24.00 to $32.00 in a report on Monday, June 2nd. Bank of America upped their target price on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, Baird R W raised Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $27.29.

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.