Fox Run Management L.L.C. Invests $324,000 in Schneider National, Inc. $SNDR

Key Points

• Fox Run Management L.L.C. acquired a new stake in Schneider National, Inc., purchasing 14,189 shares valued at approximately $324,000 during the first quarter.
• Schneider National has declared a quarterly dividend of $0.095 per share, with a yield of 1.5%, to be paid on October 9th.
• The company's stock has a current market capitalization of $4.37 billion, with recent earnings meeting consensus estimates at $0.21 EPS for the quarter.

Fox Run Management L.L.C. acquired a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,189 shares of the company's stock, valued at approximately $324,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its holdings in Schneider National by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company's stock valued at $129,128,000 after acquiring an additional 144,133 shares during the last quarter. First Trust Advisors LP grew its position in shares of Schneider National by 87.8% during the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after purchasing an additional 1,028,789 shares in the last quarter. Two Sigma Advisers LP increased its holdings in shares of Schneider National by 40.4% in the fourth quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock worth $20,581,000 after purchasing an additional 202,100 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Schneider National by 1.5% in the first quarter. Invesco Ltd. now owns 580,860 shares of the company's stock worth $13,273,000 after purchasing an additional 8,677 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Schneider National by 1.0% in the first quarter. Russell Investments Group Ltd. now owns 561,631 shares of the company's stock worth $12,833,000 after buying an additional 5,472 shares in the last quarter. Institutional investors own 28.54% of the company's stock.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total transaction of $891,478.56. Following the completion of the sale, the executive vice president directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 23.43% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on SNDR. Stifel Nicolaus cut their price target on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a report on Friday, May 2nd. Baird R W raised shares of Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. 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. Bank of America increased their price objective on shares of Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Finally, Robert W. Baird began coverage on shares of Schneider National in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price objective for the company. One 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 company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $27.29.

Schneider National Trading Down 2.1%

NYSE:SNDR traded down $0.5440 during mid-day trading on Monday, hitting $24.7960. 687,003 shares of the stock traded hands, compared to its average volume of 700,744. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The firm's 50 day moving average is $24.92 and its two-hundred day moving average is $24.29. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 0.81 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.

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

Schneider National Dividend Announcement

The firm also recently announced 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 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, September 12th. Schneider National's dividend payout ratio (DPR) is 54.29%.

About Schneider National

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.