246,441 Shares in Schneider National, Inc. $SNDR Bought by Nuveen LLC

Key Points

• Nuveen LLC acquired a new stake in Schneider National, Inc., purchasing 246,441 shares valued at around $5.63 million, representing about 0.14% of the company.
• The company recently declared a quarterly dividend of $0.095 per share, with a pay date of October 9th and an annualized yield of 1.5%.
• Schneider National reported revenue of $1.42 billion for the last quarter, exceeding analysts’ expectations and maintaining a steady earnings per share of $0.21.

Nuveen LLC purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 246,441 shares of the company's stock, valued at approximately $5,631,000. Nuveen LLC owned approximately 0.14% of Schneider National at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. KBC Group NV purchased a new stake in Schneider National during the 1st quarter worth about $28,000. Lazard Asset Management LLC bought a new position in Schneider National during the 4th quarter worth approximately $76,000. CWM LLC grew its position in Schneider National by 103.4% during the 1st quarter. CWM LLC now owns 3,513 shares of the company's stock worth $80,000 after acquiring an additional 1,786 shares during the last quarter. State of Wyoming grew its position in Schneider National by 82.4% during the 4th quarter. State of Wyoming now owns 3,607 shares of the company's stock worth $106,000 after acquiring an additional 1,629 shares during the last quarter. Finally, Deutsche Bank AG grew its position in Schneider National by 545.6% during the 4th quarter. Deutsche Bank AG now owns 3,725 shares of the company's stock worth $109,000 after acquiring an additional 3,148 shares during the last quarter. Institutional investors own 28.54% of the company's stock.

Schneider National Stock Down 1.2%

Shares of SNDR stock traded down $0.29 during mid-day trading on Thursday, hitting $24.65. The company's stock had a trading volume of 679,907 shares, compared to its average volume of 814,164. Schneider National, Inc. has a 52-week low of $20.59 and a 52-week high of $33.90. The business has a 50-day moving average price of $24.98 and a 200 day moving average price of $24.27. 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 stock has a market cap of $4.32 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 0.79 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last posted 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. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The firm had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.41 billion. During the same quarter in the previous year, the business earned $0.21 earnings per share. The company's revenue was up 7.9% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. Research analysts predict that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.5%. Schneider National's payout ratio is presently 54.29%.

Insider Activity at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National 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 sale, the executive vice president owned 72,870 shares of the company's stock, valued at $1,775,113.20. The trade was a 33.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 32.68% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SNDR. Bank of America increased their price objective on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Citigroup raised their target price on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Baird R W upgraded Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. Stifel Nicolaus lowered their price objective on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a research note on Friday, May 2nd. Finally, Robert W. Baird initiated coverage on Schneider National in a research note on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Schneider National presently has an average rating of "Moderate Buy" and an average target price 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.