Federation des caisses Desjardins du Quebec Buys Shares of 70,530 Schneider National, Inc. $SNDR

Federation des caisses Desjardins du Quebec acquired a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 70,530 shares of the company's stock, valued at approximately $1,612,000.

Other large investors have also made changes to their positions in the company. WPG Advisers LLC purchased a new stake in Schneider National in the first quarter valued at $25,000. KBC Group NV acquired a new position in Schneider National in the first quarter valued at approximately $28,000. Quarry LP purchased a new stake in Schneider National in the 1st quarter worth approximately $32,000. Lazard Asset Management LLC acquired a new stake in shares of Schneider National during the 4th quarter worth approximately $76,000. Finally, CWM LLC increased its holdings in shares of Schneider National by 103.4% during the 1st quarter. CWM LLC now owns 3,513 shares of the company's stock valued at $80,000 after purchasing an additional 1,786 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Price Performance

Shares of NYSE:SNDR traded down $0.72 during midday trading on Friday, hitting $23.83. The company's stock had a trading volume of 457,996 shares, compared to its average volume of 702,566. The company has a market cap of $4.18 billion, a P/E ratio of 34.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.11. Schneider National, Inc. has a 12-month low of $20.59 and a 12-month high of $33.90. The business's 50 day simple moving average is $24.93 and its 200 day simple moving average is $24.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.91.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS for the quarter, meeting analysts' consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the firm earned $0.21 EPS. Schneider National's quarterly revenue was up 7.9% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. On average, analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on SNDR shares. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Erste Group Bank upgraded shares of Schneider National from a "hold" rating to a "buy" rating in a research report on Thursday. The Goldman Sachs Group raised shares of Schneider National from a "neutral" rating to a "buy" rating and increased their price objective for the company from $24.00 to $32.00 in a report on Monday, June 2nd. Citigroup boosted 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, Robert W. Baird initiated coverage on shares of Schneider National in a research note on Tuesday, July 1st. They issued 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 nine have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $27.36.

Insiders Place Their Bets

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the business'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 transaction, the executive vice president owned 72,870 shares of the company's stock, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 32.68% of the company's stock.

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.