Great Lakes Advisors LLC Takes Position in Schneider National, Inc. $SNDR

Key Points

• Great Lakes Advisors acquired 90,333 Schneider National shares worth approximately $3.3 million, joining other institutional investors that recently increased their positions. Institutional and hedge fund investors collectively own 28.54% of the company.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $34.69, despite several firms raising their targets. Schneider National recently exceeded quarterly EPS expectations, reporting $0.29 versus the $0.23 consensus, while revenue rose 10.4% year over year.
• Schneider declared a quarterly dividend of $0.10 per share, equivalent to $0.40 annually and a 1.1% yield. Shares opened at $35.11, compared with a 52-week range of $20.11 to $39.27.

Great Lakes Advisors LLC purchased a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 90,333 shares of the company's stock, valued at approximately $3,300,000. Great Lakes Advisors LLC owned about 0.05% of Schneider National at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC grew its stake in Schneider National by 568.4% in the fourth quarter. Natixis Advisors LLC now owns 240,450 shares of the company's stock worth $6,379,000 after purchasing an additional 204,475 shares in the last quarter. Renaissance Technologies LLC raised its stake in Schneider National by 437.1% during the first quarter. Renaissance Technologies LLC now owns 153,600 shares of the company's stock valued at $4,049,000 after buying an additional 125,000 shares in the last quarter. Edgestream Partners L.P. bought a new position in Schneider National during the 1st quarter worth approximately $2,995,000. Quantinno Capital Management LP lifted its holdings in Schneider National by 44.1% during the 1st quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company's stock worth $52,540,000 after buying an additional 610,020 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of Schneider National by 6.1% in the 1st quarter. First Trust Advisors LP now owns 2,277,720 shares of the company's stock worth $60,041,000 after acquiring an additional 130,406 shares in the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on SNDR. TD Cowen raised their price objective on Schneider National from $30.00 to $32.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Citigroup dropped their target price on shares of Schneider National from $39.00 to $38.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. Wells Fargo & Company lifted their price target on shares of Schneider National from $33.00 to $38.00 and gave the company an "equal weight" rating in a report on Friday, June 5th. Stephens raised shares of Schneider National to a "hold" rating in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Schneider National from $31.00 to $35.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $34.69.

Schneider National Price Performance

Shares of NYSE SNDR opened at $35.11 on Friday. Schneider National, Inc. has a fifty-two week low of $20.11 and a fifty-two week high of $39.27. The firm's 50-day simple moving average is $36.26 and its 200 day simple moving average is $31.93. The company has a quick ratio of 1.94, a current ratio of 2.03 and a debt-to-equity ratio of 0.13. The stock has a market cap of $6.15 billion, a P/E ratio of 54.86, a P/E/G ratio of 0.79 and a beta of 1.17.

Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.06. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.52 billion. Schneider National had a net margin of 1.92% and a return on equity of 3.89%. Schneider National's revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.21 EPS. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. Equities analysts expect that Schneider National, Inc. will post 1.04 EPS for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 11th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, September 11th. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. Schneider National's dividend payout ratio (DPR) is 62.50%.

Insider Transactions at Schneider National

In related news, EVP Thomas G. Jackson sold 20,271 shares of the firm's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $37.15, for a total transaction of $753,067.65. Following the completion of the transaction, the executive vice president owned 77,174 shares of the company's stock, valued at $2,867,014.10. This trade represents a 20.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mark B. Rourke sold 52,682 shares of Schneider National stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $35.94, for a total value of $1,893,391.08. Following the transaction, the insider directly owned 221,522 shares in the company, valued at approximately $7,961,500.68. The trade was a 19.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 101,617 shares of company stock valued at $3,683,339. Corporate insiders own 23.64% of the company's stock.

Schneider National Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry's most recognized carriers.

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