Great Lakes Advisors LLC Lowers Stake in Schneider National, Inc. $SNDR

Key Points

• Great Lakes Advisors LLC has reduced its stake in Schneider National, Inc. by 21.1%, selling 20,086 shares and now holding 74,932 shares worth approximately $1.71 million.
• Schneider National's quarterly earnings matched analyst expectations, reporting $0.21 earnings per share and $1.42 billion in revenue, reflecting a year-over-year revenue increase of 7.9%.
• The company announced a quarterly dividend of $0.095 per share, payable in October, indicating a 1.5% yield with a payout ratio of 54.29%.

Great Lakes Advisors LLC decreased its position in Schneider National, Inc. (NYSE:SNDR - Free Report) by 21.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,932 shares of the company's stock after selling 20,086 shares during the period. Great Lakes Advisors LLC's holdings in Schneider National were worth $1,712,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in Schneider National by 4.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company's stock valued at $105,489,000 after buying an additional 206,582 shares during the last quarter. American Century Companies Inc. grew its position in shares of Schneider National by 5.5% during the 1st quarter. American Century Companies Inc. now owns 2,604,873 shares of the company's stock valued at $59,521,000 after acquiring an additional 134,922 shares during the period. Earnest Partners LLC grew its position in shares of Schneider National by 3.3% during the 1st quarter. Earnest Partners LLC now owns 2,206,990 shares of the company's stock valued at $50,430,000 after acquiring an additional 70,476 shares during the period. Two Sigma Advisers LP grew its position in shares of Schneider National by 40.4% during the 4th quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock valued at $20,581,000 after acquiring an additional 202,100 shares during the period. Finally, Jones Financial Companies Lllp grew its position in shares of Schneider National by 2,481,000.0% during the 1st quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company's stock valued at $14,740,000 after acquiring an additional 645,060 shares during the period. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

NYSE:SNDR traded up $0.11 during trading hours on Monday, hitting $23.94. The stock had a trading volume of 933,070 shares, compared to its average volume of 796,776. The company has a 50 day simple moving average of $24.93 and a two-hundred day simple moving average of $24.02. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 34.20, a P/E/G ratio of 0.76 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the firm earned $0.21 EPS. The business's quarterly 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. Research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SNDR. 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 target price for the company. The Goldman Sachs Group raised shares of Schneider National from a "neutral" rating to a "buy" rating and increased their target price for the company from $24.00 to $32.00 in a research report on Monday, June 2nd. Erste Group Bank raised shares of Schneider National from a "hold" rating to a "buy" rating in a research report on Thursday. Baird R W raised shares of Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Finally, UBS Group downgraded shares of Schneider National from a "buy" rating to a "neutral" rating and increased their target price for the company from $25.00 to $26.00 in a research report on Friday, September 5th. One investment 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 company. According to data from MarketBeat.com, Schneider National currently has a consensus rating of "Hold" and a consensus target price of $27.36.

Insider Buying and Selling at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the firm'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 sale, the executive vice president owned 72,870 shares in the company, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 32.68% of the company's stock.

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.