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

Several other large investors also recently added to or reduced their stakes in SNDR. KBC Group NV acquired a new stake in shares of Schneider National in the first quarter worth $28,000. Lazard Asset Management LLC acquired a new position in Schneider National during the fourth quarter valued at $76,000. CWM LLC lifted its stake in Schneider National by 103.4% in the 1st quarter. CWM LLC now owns 3,513 shares of the company's stock worth $80,000 after acquiring an additional 1,786 shares in the last quarter. Sterling Capital Management LLC boosted its position in Schneider National by 57.2% during the 4th quarter. Sterling Capital Management LLC now owns 2,813 shares of the company's stock worth $82,000 after acquiring an additional 1,024 shares during the period. Finally, State of Wyoming grew its stake in Schneider National by 82.4% during the 4th 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 in the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Stock Up 3.7%

NYSE:SNDR traded up $0.9050 during trading hours on Friday, reaching $25.3350. The company's stock had a trading volume of 718,548 shares, compared to its average volume of 699,851. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The company has a market cap of $4.44 billion, a price-to-earnings ratio of 36.19, a price-to-earnings-growth ratio of 0.78 and a beta of 1.11. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90. The business's 50-day moving average is $24.91 and its 200-day moving average is $24.39.

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. 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 for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company earned $0.21 earnings per share. The business's revenue 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. Equities research analysts predict that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, September 12th. Schneider National's payout ratio is presently 54.29%.

Insider Activity

In related news, EVP Thomas G. Jackson sold 36,596 shares of the company'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. This represents a 33.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 32.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SNDR. Evercore ISI dropped their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Robert W. Baird began coverage on shares of Schneider National in a research report on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price objective on the stock. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. Stifel Nicolaus decreased 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. Finally, The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and boosted their price target for the company from $24.00 to $32.00 in a report on Monday, June 2nd. One 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's stock. Based on data from MarketBeat, Schneider National has a consensus rating of "Moderate Buy" and an average target price 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.