Hotchkis & Wiley Capital Management LLC Decreases Position in Schneider National, Inc. $SNDR

Key Points

• Hotchkis & Wiley Capital Management LLC has significantly reduced its stake in Schneider National, Inc. by 69.5%, now owning approximately 0.06% of the company's shares after selling 246,120 shares.
• Insider activity includes EVP Thomas G. Jackson selling 36,596 shares of Schneider National stock, which reduced his ownership by 33.43%.
• Schneider National announced a quarterly dividend of $0.095 per share, representing an annualized dividend yield of 1.5%.

Hotchkis & Wiley Capital Management LLC decreased its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 69.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 108,230 shares of the company's stock after selling 246,120 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.06% of Schneider National worth $2,473,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in Schneider National by 8.6% during the first quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company's stock valued at $129,000 after acquiring an additional 448 shares during the last quarter. Captrust Financial Advisors grew its holdings in Schneider National by 4.1% during the 4th quarter. Captrust Financial Advisors now owns 22,061 shares of the company's stock valued at $646,000 after purchasing an additional 867 shares during the last quarter. Snowden Capital Advisors LLC grew its holdings in Schneider National by 5.5% during the 4th quarter. Snowden Capital Advisors LLC now owns 23,516 shares of the company's stock valued at $691,000 after purchasing an additional 1,223 shares during the last quarter. KBC Group NV purchased a new stake in Schneider National in the 1st quarter worth about $28,000. Finally, QRG Capital Management Inc. lifted its stake in Schneider National by 1.1% in the first quarter. QRG Capital Management Inc. now owns 139,500 shares of the company's stock worth $3,188,000 after purchasing an additional 1,473 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

Insider Activity at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of the company'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 completion of the sale, the executive vice president directly owned 72,870 shares in the company, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 23.43% of the company's stock.

Schneider National Trading Up 0.6%

NYSE SNDR opened at $24.96 on Wednesday. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.91. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 35.65, a price-to-earnings-growth ratio of 0.79 and a beta of 1.11. The company's 50-day simple moving average is $24.94 and its two-hundred day simple moving average is $24.29.

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

Schneider National Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Evercore ISI cut their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a research note on Friday, May 2nd. Citigroup lifted their price objective on shares of Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Wednesday, July 9th. The Goldman Sachs Group raised shares of Schneider National from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $24.00 to $32.00 in a research report on Monday, June 2nd. Bank of America upped their target price on shares of Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Finally, Robert W. Baird assumed 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 on the stock. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Schneider National currently has a consensus rating of "Moderate Buy" and an average price target of $27.29.

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.

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