Public Sector Pension Investment Board Has $3.41 Million Position in 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 grew its holdings in Schneider National, Inc. (NYSE:SNDR - Free Report) by 26.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 149,032 shares of the company's stock after purchasing 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 filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. KBC Group NV acquired a new stake in shares of Schneider National in the first quarter valued at about $28,000. Lazard Asset Management LLC acquired a new stake in shares of Schneider National in the fourth quarter valued at about $76,000. Sterling Capital Management LLC grew its position in shares of Schneider National by 57.2% in the fourth quarter. Sterling Capital Management LLC now owns 2,813 shares of the company's stock valued at $82,000 after purchasing an additional 1,024 shares during the last quarter. CWM LLC grew its position in shares of Schneider National by 103.4% in the first quarter. CWM LLC now owns 3,513 shares of the company's stock valued at $80,000 after purchasing an additional 1,786 shares during the last quarter. Finally, State of Wyoming grew its position in shares of Schneider National by 82.4% in the fourth quarter. State of Wyoming now owns 3,607 shares of the company's stock valued at $106,000 after purchasing an additional 1,629 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on SNDR shares. Evercore ISI reduced their target price on shares of Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. Bank of America increased their target price on shares of Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Robert W. Baird started coverage on shares of Schneider National in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price for the company. Citigroup increased their target price on shares of Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Finally, Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. One research 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, the company has a consensus rating of "Moderate Buy" and an average price target of $27.29.

Schneider National Price Performance

Shares of NYSE SNDR traded up $0.9050 during mid-day trading on Friday, hitting $25.3350. 718,548 shares of the stock were exchanged, compared to its average volume of 799,768. The company has a market cap of $4.44 billion, a P/E ratio of 36.19, a PEG ratio of 0.77 and a beta of 1.11. The stock's fifty day simple moving average is $24.89 and its two-hundred day simple moving average is $24.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.91. Schneider National, Inc. has a twelve month low of $20.59 and a twelve month high of $33.90.

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

Schneider National Dividend Announcement

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 issued a dividend of $0.095 per share. 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 (DPR) is presently 54.29%.

Insider Buying and Selling at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the firm's 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 sale, the executive vice president owned 72,870 shares of the company's stock, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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.