Quantbot Technologies LP Acquires 54,259 Shares of Schneider National, Inc. $SNDR

Key Points

• Quantbot Technologies LP increased its stake in Schneider National, Inc. by 98% in Q1, now owning 109,625 shares worth approximately $2.51 million.
• Several research firms have recently adjusted their ratings on Schneider National, with Goldman Sachs upgrading to a buy and raising the price target from $24.00 to $32.00.
• Schneider National announced a quarterly dividend of $0.095 per share, with the stock currently yielding 1.6% annually.

Quantbot Technologies LP boosted its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 98.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,625 shares of the company's stock after buying an additional 54,259 shares during the period. Quantbot Technologies LP owned approximately 0.06% of Schneider National worth $2,505,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SNDR. KBC Group NV acquired a new stake in shares of Schneider National in the first quarter worth $28,000. Lazard Asset Management LLC acquired a new stake in Schneider National in the 4th quarter worth $76,000. Sterling Capital Management LLC grew its position in Schneider National by 57.2% in the 4th quarter. Sterling Capital Management LLC now owns 2,813 shares of the company's stock worth $82,000 after purchasing an additional 1,024 shares during the last quarter. CWM LLC increased its holdings in shares of 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 purchasing an additional 1,786 shares during the period. Finally, State of Wyoming raised its position in shares of Schneider National by 82.4% during the fourth quarter. State of Wyoming now owns 3,607 shares of the company's stock valued at $106,000 after buying an additional 1,629 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Price Performance

Shares of SNDR traded up $0.9050 during mid-day trading on Friday, reaching $25.3350. The company had a trading volume of 718,548 shares, compared to its average volume of 699,851. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The company's 50-day moving average is $24.91 and its 200-day moving average is $24.35. The company has a market capitalization of $4.44 billion, a P/E ratio of 36.19, a P/E/G ratio of 0.81 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, meeting the consensus estimate 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 for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the firm earned $0.21 EPS. Schneider National's quarterly 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. On average, equities analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders 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 dividend payout ratio is presently 54.29%.

Wall Street Analysts Forecast Growth

SNDR has been the topic of a number of recent research reports. Baird R W raised Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Bank of America raised their price objective on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Evercore ISI decreased their price objective on Schneider National from $23.00 to $22.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Citigroup boosted their price objective on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research report on Wednesday, July 9th. Finally, 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. 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. According to MarketBeat.com, Schneider National presently has an average rating of "Moderate Buy" and a consensus target price of $27.29.

Insider Activity

In related news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National stock in a transaction dated 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 trade represents a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 32.68% of the stock is owned by company insiders.

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.