Magnin Shelly Dumas Sells 2,425 Shares of Schneider National (NYSE:SNDR) Stock

Schneider National, Inc. (NYSE:SNDR) VP Magnin Shelly Dumas sold 2,425 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total value of $74,932.50. Following the completion of the sale, the vice president owned 24,697 shares of the company’s stock, valued at $763,137.30. This represents a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Schneider National Trading Up 0.4%

Shares of NYSE:SNDR opened at $30.77 on Friday. Schneider National, Inc. has a 12-month low of $20.11 and a 12-month high of $33.34. The business’s fifty day simple moving average is $27.40 and its 200-day simple moving average is $26.55. The company has a market capitalization of $5.39 billion, a PE ratio of 54.94, a P/E/G ratio of 0.86 and a beta of 1.14. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Schneider National had a return on equity of 3.45% and a net margin of 1.73%.The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the business posted $0.16 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. As a group, equities research analysts predict that Schneider National, Inc. will post 0.9 earnings per share for the current fiscal year.

Schneider National announced that its Board of Directors has initiated a share buyback program on Wednesday, January 28th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 12th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, June 12th. Schneider National’s dividend payout ratio (DPR) is 71.43%.

Analysts Set New Price Targets

A number of analysts recently issued reports on SNDR shares. Citigroup increased their price target on shares of Schneider National from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Zacks Research upgraded Schneider National from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Wells Fargo & Company increased their price objective on shares of Schneider National from $25.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. National Bank Financial set a $35.00 target price on Schneider National in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. lifted their target price on Schneider National from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $31.64.

Institutional Trading of Schneider National

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its position in shares of Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after acquiring an additional 1,625 shares during the period. Global Retirement Partners LLC acquired a new stake in Schneider National during the 4th quarter worth $47,000. Farther Finance Advisors LLC raised its stake in Schneider National by 155.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock worth $48,000 after acquiring an additional 1,110 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in Schneider National by 695.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 2,059 shares of the company’s stock worth $54,000 after acquiring an additional 1,800 shares in the last quarter. Finally, Quarry LP grew its stake in Schneider National by 36.7% during the 3rd quarter. Quarry LP now owns 3,404 shares of the company’s stock worth $72,000 after buying an additional 913 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.