Jones Financial Companies Lllp Purchases 645,060 Shares of Schneider National, Inc. $SNDR

Key Points

• Jones Financial Companies Lllp increased its stake in Schneider National, Inc. by an impressive 2,481,000% during the first quarter, owning 645,086 shares valued at approximately $14.74 million.
• Schneider National reported quarterly earnings of $0.21 per share, matching analysts' expectations, with revenues of $1.42 billion, reflecting a year-over-year increase of 7.9%.
• The company announced a quarterly dividend of $0.095 per share, with a payout ratio of 54.29%, highlighting a dividend yield of 1.5%.

Jones Financial Companies Lllp lifted its stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 2,481,000.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 645,086 shares of the company's stock after buying an additional 645,060 shares during the quarter. Jones Financial Companies Lllp owned about 0.37% of Schneider National worth $14,740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in shares of Schneider National by 4.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company's stock worth $105,489,000 after buying an additional 206,582 shares during the period. 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 worth $59,521,000 after buying 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 worth $50,430,000 after buying 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 worth $20,581,000 after buying an additional 202,100 shares during the period. Finally, Invesco Ltd. grew its position in shares of Schneider National by 1.5% during the 1st quarter. Invesco Ltd. now owns 580,860 shares of the company's stock worth $13,273,000 after buying an additional 8,677 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Stock Down 2.1%

NYSE:SNDR traded down $0.50 during trading hours on Friday, hitting $23.96. 213,572 shares of the company traded hands, compared to its average volume of 794,406. The company has a quick ratio of 1.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.17. The firm's 50-day simple moving average is $24.97 and its 200-day simple moving average is $24.07. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90. The company has a market cap of $4.20 billion, a PE ratio of 34.21, a PEG ratio of 0.76 and a beta of 1.11.

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

Schneider National Dividend Announcement

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

Wall Street Analysts Forecast Growth

SNDR has been the topic of a number of recent research reports. Robert W. Baird initiated coverage on Schneider National in a report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price on the stock. Erste Group Bank upgraded Schneider National from a "hold" rating to a "buy" rating in a report on Thursday. The Goldman Sachs Group upgraded Schneider National from a "neutral" rating to a "buy" rating and increased their target price for the stock from $24.00 to $32.00 in a report on Monday, June 2nd. Baird R W upgraded Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Citigroup increased their target price on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $27.36.

Insider Buying and Selling at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $24.36, for a total value of $891,478.56. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.