Dimensional Fund Advisors LP Buys 206,582 Shares of Schneider National, Inc. $SNDR

Key Points

• Dimensional Fund Advisors LP increased its stake in Schneider National, Inc. by 4.7%, owning approximately 4.6 million shares valued at $105.5 million.
• Schneider National reported a quarterly earnings per share of $0.21, aligning with expectations, and announced a quarterly dividend of $0.095 per share.
• Analysts have varying ratings on Schneider National, with one maintaining a "Strong Buy" rating and a consensus target price of $27.29.

Dimensional Fund Advisors LP increased its stake in Schneider National, Inc. (NYSE:SNDR - Free Report) by 4.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 4,616,682 shares of the company's stock after purchasing an additional 206,582 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.63% of Schneider National worth $105,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. KBC Group NV acquired a new stake in Schneider National in the 1st quarter worth approximately $28,000. Lazard Asset Management LLC acquired a new stake in Schneider National in the 4th quarter worth approximately $76,000. CWM LLC lifted its holdings in Schneider National by 103.4% in 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 last quarter. State of Wyoming lifted its holdings in Schneider National by 82.4% in the 4th quarter. State of Wyoming now owns 3,607 shares of the company's stock worth $106,000 after purchasing an additional 1,629 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in Schneider National by 545.6% in the 4th quarter. Deutsche Bank AG now owns 3,725 shares of the company's stock worth $109,000 after purchasing an additional 3,148 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SNDR has been the subject of several analyst reports. Evercore ISI reduced their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. Citigroup boosted their target price on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Wednesday, July 9th. Robert W. Baird started coverage on Schneider National in a report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price for the company. The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. Finally, Stifel Nicolaus dropped their price target on Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a research report on Friday, May 2nd. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.29.

Schneider National Stock Performance

Shares of SNDR traded down $0.48 on Thursday, reaching $24.47. 218,119 shares of the stock traded hands, compared to its average volume of 807,766. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 34.89, a P/E/G ratio of 0.79 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, Inc. has a 12 month low of $20.59 and a 12 month high of $33.90. The stock's 50-day moving average price is $24.96 and its 200-day moving average price is $24.30.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.21. The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.Schneider National's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 earnings per share. 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 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. Stockholders of record on Friday, September 12th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. Schneider National's payout ratio is currently 54.29%.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total transaction of $891,478.56. Following the sale, the executive vice president directly owned 72,870 shares in the company, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 32.68% of the company's stock.

Schneider National Company 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.