Public Sector Pension Investment Board Acquires 31,216 Shares of Schneider National, Inc. $SNDR

Key Points

• Public Sector Pension Investment Board increased its stake in Schneider National, Inc. by 26.5%, acquiring an additional 31,216 shares, bringing its total to 149,032 shares valued at $3,405,000.
• Schneider National reported $0.21 earnings per share in its recent quarterly results, meeting analysts' estimates, with revenue of $1.42 billion up 7.9% year-over-year.
• The company declared a quarterly dividend of $0.095 per share, with a current annualized yield of 1.6%.

Public Sector Pension Investment Board raised its holdings in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) by 26.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 149,032 shares of the company's stock after buying an additional 31,216 shares during the quarter. Public Sector Pension Investment Board owned about 0.08% of Schneider National worth $3,405,000 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 position in shares of Schneider National during the first quarter worth approximately $28,000. Lazard Asset Management LLC acquired a new position in shares of Schneider National during the fourth quarter worth approximately $76,000. CWM LLC lifted its holdings in shares of 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 buying an additional 1,786 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in shares of Schneider National by 57.2% during the fourth quarter. Sterling Capital Management LLC now owns 2,813 shares of the company's stock worth $82,000 after buying an additional 1,024 shares during the last quarter. Finally, State of Wyoming lifted its holdings 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 worth $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 Schneider National stock traded up $0.9050 during midday trading on Friday, hitting $25.3350. 718,548 shares of the company were exchanged, compared to its average volume of 700,744. 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 firm has a market cap of $4.44 billion, a P/E ratio of 36.19, a PEG ratio of 0.81 and a beta of 1.11. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The firm has a 50 day simple moving average of $24.91 and a 200-day simple moving average of $24.32.

Schneider National (NYSE:SNDR - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.Schneider National's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. Research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, September 12th. Schneider National's dividend payout ratio (DPR) is 54.29%.

Wall Street Analyst Weigh In

A number of brokerages have commented on SNDR. The Goldman Sachs Group upgraded Schneider National from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. Evercore ISI reduced their price objective on Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Baird R W upgraded Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Stifel Nicolaus reduced their price objective on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a research report on Friday, May 2nd. Finally, Citigroup raised their price objective on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $27.29.

Insider Activity at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of the firm'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 completion of the transaction, the executive vice president owned 72,870 shares in the company, valued at $1,775,113.20. This trade represents a 33.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 23.43% 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.