Kera Capital Partners Inc. Makes New Investment in Schneider National, Inc. $SNDR

Key Points

• Kera Capital Partners Inc. has made a new investment of approximately $308,000 in Schneider National, purchasing 12,770 shares of the stock.
• Schneider National reported $0.21 earnings per share and $1.42 billion in revenue for the last quarter, matching analysts' expectations and showing a year-over-year revenue increase of 7.9%.
• The company declared a quarterly dividend of $0.095 per share, with an annualized yield of 1.6%, intended to be paid on October 9th, to shareholders on record as of September 12th.

Kera Capital Partners Inc. acquired a new position in Schneider National, Inc. (NYSE:SNDR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,770 shares of the company's stock, valued at approximately $308,000.

Several other hedge funds and other institutional investors have also modified their holdings of SNDR. Jones Financial Companies Lllp grew its stake in shares of Schneider National by 2,481,000.0% in the first quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company's stock worth $14,740,000 after acquiring an additional 645,060 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of Schneider National in the first quarter worth $7,477,000. Woodline Partners LP acquired a new stake in shares of Schneider National in the fourth quarter worth $8,453,000. Nuveen LLC acquired a new stake in shares of Schneider National in the first quarter worth $5,631,000. Finally, Dimensional Fund Advisors LP lifted its position in Schneider National by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company's stock worth $105,489,000 after purchasing an additional 206,582 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SNDR shares. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and raised their target price for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. UBS Group cut Schneider National from a "buy" rating to a "neutral" rating and raised their target price for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. Baird R W raised Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Citigroup raised their target price on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Finally, Robert W. Baird started coverage on Schneider National in a research report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price for the company. One equities research 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. According to MarketBeat, Schneider National currently has a consensus rating of "Hold" and a consensus target price of $27.36.

Insider Activity

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction dated 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 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 document filed with the SEC, which can be accessed through the SEC website. 32.68% of the stock is owned by corporate insiders.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.36 during trading on Friday, reaching $22.65. The company's stock had a trading volume of 175,503 shares, compared to its average volume of 794,544. The stock has a 50-day moving average price of $24.73 and a two-hundred day moving average price of $23.97. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. Schneider National, Inc. has a one year low of $20.59 and a one year high of $33.90. The stock has a market capitalization of $3.97 billion, a P/E ratio of 32.35, a price-to-earnings-growth ratio of 0.74 and a beta of 1.11.

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

Schneider National Dividend Announcement

The firm 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 1.7%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National's payout ratio is currently 54.29%.

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.