42,133 Shares in Schneider National, Inc. $SNDR Bought by Jump Financial LLC

Key Points

• Jump Financial LLC has invested approximately $963,000 in Schneider National by purchasing 42,133 shares during the first quarter.
• Schneider National recently announced a quarterly dividend of $0.095, with a payout ratio of 54.29%, to be distributed on October 9th.
• Despite fluctuations in analyst ratings, Schneider National holds a consensus rating of "Moderate Buy" with a price target of $27.29.

Jump Financial LLC acquired a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 42,133 shares of the company's stock, valued at approximately $963,000.

Other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Schneider National by 9.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company's stock worth $408,000 after acquiring an additional 1,474 shares during the period. Woodline Partners LP bought a new position in Schneider National during the fourth quarter valued at approximately $8,453,000. New York State Teachers Retirement System boosted its stake in Schneider National by 33.6% during the first quarter. New York State Teachers Retirement System now owns 18,447 shares of the company's stock valued at $422,000 after buying an additional 4,637 shares during the last quarter. GAMMA Investing LLC boosted its stake in Schneider National by 1,128.3% during the first quarter. GAMMA Investing LLC now owns 16,041 shares of the company's stock valued at $367,000 after buying an additional 14,735 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Schneider National by 1.5% during the first quarter. Invesco Ltd. now owns 580,860 shares of the company's stock valued at $13,273,000 after buying an additional 8,677 shares during the last quarter. Institutional investors own 28.54% of the company's stock.

Analyst Upgrades and Downgrades

SNDR has been the subject of a number of research reports. Citigroup increased their price target on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Robert W. Baird initiated coverage on Schneider National in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price objective for the company. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and raised their price objective for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. Bank of America raised their price objective on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Finally, Baird R W raised Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Schneider National has an average rating of "Moderate Buy" and a consensus price target of $27.29.

Schneider National Stock Down 0.4%

NYSE SNDR traded down $0.09 on Thursday, reaching $24.33. 73,835 shares of the stock traded hands, compared to its average volume of 802,299. 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 fifty day moving average price of $25.02 and a 200-day moving average price of $24.18. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 34.73, a PEG ratio of 0.79 and a beta of 1.11. Schneider National, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90.

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

Schneider National Dividend Announcement

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

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 23.43% of the company's stock.

About Schneider National

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.