12,611 Shares in Schneider National, Inc. $SNDR Acquired by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA acquired a new stake in Schneider National, purchasing 12,611 shares for approximately $288,000 in the first quarter.
• Schneider National recently declared a quarterly dividend of $0.095 per share, representing an annualized dividend yield of 1.6%.
• The company reported $1.42 billion in quarterly revenue, exceeding analysts' expectations, and maintained a consensus Hold rating among analysts with a target price of $27.36.

Petrus Trust Company LTA acquired a new position in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,611 shares of the company's stock, valued at approximately $288,000.

Other hedge funds have also added to or reduced their stakes in the company. WPG Advisers LLC bought a new position in Schneider National during the 1st quarter worth about $25,000. KBC Group NV bought a new position in Schneider National during the first quarter worth about $28,000. Quarry LP bought a new position in Schneider National during the first quarter worth about $32,000. Lazard Asset Management LLC acquired a new stake in Schneider National during the fourth quarter worth approximately $76,000. Finally, CWM LLC lifted its position in Schneider National by 103.4% during the first 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. Institutional investors and hedge funds own 28.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. 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 price objective for the company. Bank of America boosted their target price on shares of Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Erste Group Bank raised shares of Schneider National from a "hold" rating to a "buy" rating in a research report on Thursday. UBS Group downgraded Schneider National from a "buy" rating to a "neutral" rating and upped their price target for the stock from $25.00 to $26.00 in a research note on Friday, September 5th. Finally, Citigroup upped their target price on shares of Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Schneider National currently has a consensus rating of "Hold" and a consensus price target of $27.36.

Insider Buying and Selling at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total transaction 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 $1,775,113.20. This represents a 33.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 32.68% of the stock is owned by corporate insiders.

Schneider National Stock Performance

Shares of Schneider National stock traded down $0.72 on Friday, reaching $23.83. 457,996 shares of the company traded hands, compared to its average volume of 795,992. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The company has a 50 day moving average of $24.97 and a 200 day moving average of $24.07. The firm has a market capitalization of $4.18 billion, a PE ratio of 34.04, a PEG ratio of 0.76 and a beta of 1.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77.

Schneider National (NYSE:SNDR - Get Free Report) last released 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. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the firm earned $0.21 EPS. The company's revenue 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. Equities analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be given a dividend of $0.095 per share. 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 dividend 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.