Strs Ohio Sells 25,347 Shares of Schneider National, Inc. $SNDR

Strs Ohio lessened its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 23.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,651 shares of the company’s stock after selling 25,347 shares during the quarter. Strs Ohio’s holdings in Schneider National were worth $1,948,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SNDR. Jones Financial Companies Lllp lifted its position in Schneider National by 2,481,000.0% during the first quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company’s stock valued at $14,740,000 after purchasing an additional 645,060 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Schneider National during the 1st quarter worth $7,477,000. Nuveen LLC bought a new stake in shares of Schneider National during the 1st quarter worth $5,631,000. Dimensional Fund Advisors LP lifted its holdings in shares of Schneider National by 4.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company’s stock worth $105,489,000 after acquiring an additional 206,582 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Schneider National during the 1st quarter worth $4,543,000. 28.54% of the stock is currently owned by institutional investors.

Schneider National Stock Performance

Shares of SNDR stock opened at $21.95 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.93 and a current ratio of 2.11. Schneider National, Inc. has a fifty-two week low of $20.11 and a fifty-two week high of $33.90. The stock has a 50 day moving average price of $22.91 and a two-hundred day moving average price of $23.76. The company has a market capitalization of $3.85 billion, a P/E ratio of 34.29, a PEG ratio of 0.81 and a beta of 1.04.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the prior year, the company earned $0.18 earnings per share. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Analysts expect that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.7%. Schneider National’s dividend payout ratio is presently 59.38%.

Wall Street Analysts Forecast Growth

SNDR has been the subject of several research analyst reports. Susquehanna dropped their price target on Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Evercore ISI dropped their target price on Schneider National from $22.00 to $21.00 and set an “in-line” rating for the company in a research report on Friday, October 31st. JPMorgan Chase & Co. dropped their target price on Schneider National from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Stifel Nicolaus upgraded shares of Schneider National from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $26.00 to $25.00 in a report on Friday, October 3rd. Finally, TD Cowen lowered their price objective on shares of Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Schneider National has a consensus rating of “Hold” and a consensus target price of $25.64.

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 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 of the company’s stock, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 23.43% of the stock is owned by 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.