70,530 Shares in Schneider National, Inc. $SNDR Acquired by Federation des caisses Desjardins du Quebec

Federation des caisses Desjardins du Quebec purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 70,530 shares of the company's stock, valued at approximately $1,612,000.

Other large investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its stake in Schneider National by 9.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company's stock worth $408,000 after purchasing an additional 1,474 shares during the period. Woodline Partners LP acquired a new stake in Schneider National during the 4th quarter worth $8,453,000. New York State Teachers Retirement System boosted its stake in Schneider National by 33.6% during the 1st quarter. New York State Teachers Retirement System now owns 18,447 shares of the company's stock worth $422,000 after purchasing an additional 4,637 shares during the period. GAMMA Investing LLC boosted its stake in Schneider National by 1,128.3% during the 1st quarter. GAMMA Investing LLC now owns 16,041 shares of the company's stock worth $367,000 after purchasing an additional 14,735 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of Schneider National by 1.5% in the 1st quarter. Invesco Ltd. now owns 580,860 shares of the company's stock worth $13,273,000 after acquiring an additional 8,677 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Trading Down 1.7%

Shares of NYSE SNDR traded down $0.42 during midday trading on Friday, reaching $24.05. 73,587 shares of the stock were exchanged, compared to its average volume of 793,705. The company has a market capitalization of $4.21 billion, a P/E ratio of 34.37, a P/E/G ratio of 0.76 and a beta of 1.11. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $24.97 and a 200-day moving average price of $24.07.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 earnings per share. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be given a $0.095 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

Insider Activity

In related news, EVP Thomas G. Jackson sold 36,596 shares of the firm'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 sale, the executive vice president directly owned 72,870 shares of the company's stock, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 32.68% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on SNDR shares. The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and raised their target price for the stock from $24.00 to $32.00 in a research note on Monday, June 2nd. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. Bank of America raised their target price on shares of Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Citigroup raised their target price on shares of Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 9th. Finally, Erste Group Bank upgraded shares of Schneider National from a "hold" rating to a "buy" rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Schneider National has a consensus rating of "Hold" and a consensus price target of $27.36.

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.