Sequoia Financial Advisors LLC Buys Shares of 16,136 Schneider National, Inc. $SNDR

Key Points

• Sequoia Financial Advisors LLC has acquired 16,136 shares of Schneider National, Inc. (NYSE:SNDR), valued at approximately $390,000, as part of their second quarter investments.
• The company reported earnings of $0.21 per share for the last quarter, matching analysts' expectations, with revenue of $1.42 billion reflecting a 7.9% year-over-year increase.
• Schneider National announced a quarterly dividend of $0.095 per share, which represents an annualized yield of 1.6% with a payout ratio of 54.29%.

Sequoia Financial Advisors LLC bought a new stake in shares of Schneider National, Inc. (NYSE:SNDR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,136 shares of the company's stock, valued at approximately $390,000.

Other hedge funds also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in Schneider National by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company's stock valued at $105,489,000 after purchasing an additional 206,582 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Schneider National by 5.5% during the 1st quarter. American Century Companies Inc. now owns 2,604,873 shares of the company's stock valued at $59,521,000 after buying an additional 134,922 shares during the last quarter. Earnest Partners LLC grew its stake in shares of Schneider National by 3.3% during the 1st quarter. Earnest Partners LLC now owns 2,206,990 shares of the company's stock worth $50,430,000 after acquiring an additional 70,476 shares during the period. Jones Financial Companies Lllp increased its holdings in Schneider National by 2,481,000.0% in the 1st quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company's stock worth $14,740,000 after acquiring an additional 645,060 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Schneider National by 1.5% in the 1st quarter. Invesco Ltd. now owns 580,860 shares of the company's stock valued at $13,273,000 after acquiring an additional 8,677 shares during the period. Institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

SNDR stock opened at $23.92 on Wednesday. The firm has a market cap of $4.19 billion, a P/E ratio of 34.16, a P/E/G ratio of 0.76 and a beta of 1.06. The firm's fifty day moving average is $23.41 and its 200 day moving average is $23.73. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. 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 (NYSE:SNDR - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The firm had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.41 billion. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The business's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. Research analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Friday, September 12th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.38 annualized dividend and a yield of 1.6%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the company's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $24.36, for a total value of $891,478.56. Following the sale, the executive vice president owned 72,870 shares in the company, valued at approximately $1,775,113.20. This represents a 33.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 23.43% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on SNDR shares. Robert W. Baird began coverage on shares of Schneider National in a research note on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price target on the stock. Zacks Research cut shares of Schneider National from a "hold" rating to a "strong sell" rating in a report on Monday, October 13th. UBS Group downgraded Schneider National from a "buy" rating to a "neutral" rating and increased their target price for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. Baird R W upgraded Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Finally, JPMorgan Chase & Co. boosted their price objective on Schneider National from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $27.00.

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.

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