Schneider National (NYSE:SNDR) Insider Mark Rourke Sells 20,312 Shares of Stock

Schneider National, Inc. (NYSE:SNDRGet Free Report) insider Mark Rourke sold 20,312 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $35.18, for a total transaction of $714,576.16. Following the completion of the sale, the insider owned 221,522 shares in the company, valued at $7,793,143.96. This represents a 8.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Schneider National Trading Up 0.7%

Shares of Schneider National stock opened at $36.57 on Thursday. Schneider National, Inc. has a 12-month low of $20.11 and a 12-month high of $39.27. The stock has a market capitalization of $6.40 billion, a P/E ratio of 57.14, a price-to-earnings-growth ratio of 0.81 and a beta of 1.17. The company has a 50-day simple moving average of $36.57 and a 200 day simple moving average of $31.47. The company has a quick ratio of 1.83, a current ratio of 2.03 and a debt-to-equity ratio of 0.13.

Schneider National (NYSE:SNDRGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.52 billion. Schneider National had a net margin of 1.92% and a return on equity of 3.89%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 earnings per share. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. Research analysts expect that Schneider National, Inc. will post 1.05 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 11th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, September 11th. This represents a $0.40 dividend on an annualized basis and a yield of 1.1%. Schneider National’s dividend payout ratio is 62.50%.

Analyst Upgrades and Downgrades

SNDR has been the subject of several research analyst reports. Weiss Ratings downgraded Schneider National from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. UBS Group increased their target price on Schneider National from $27.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday. Wells Fargo & Company raised their target price on Schneider National from $33.00 to $38.00 and gave the company an “equal weight” rating in a research note on Friday, June 5th. National Bank Financial set a $38.00 target price on Schneider National in a research note on Friday, July 31st. Finally, TD Cowen lifted their price target on Schneider National from $30.00 to $32.00 and gave the company a “buy” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.69.

Read Our Latest Research Report on SNDR

Institutional Trading of Schneider National

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its holdings in Schneider National by 2,425.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after buying an additional 1,625 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Schneider National by 47.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,516 shares of the company’s stock valued at $40,000 after buying an additional 489 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at $47,000. Farther Finance Advisors LLC increased its stake in shares of Schneider National by 155.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock valued at $48,000 after buying an additional 1,110 shares during the period. Finally, SJS Investment Consulting Inc. raised its position in shares of Schneider National by 695.0% during the first 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 during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Company Profile

(Get Free Report)

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.

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