Renaissance Technologies LLC Raises Holdings in Schneider National, Inc. $SNDR

Renaissance Technologies LLC grew its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 437.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 153,600 shares of the company’s stock after purchasing an additional 125,000 shares during the quarter. Renaissance Technologies LLC’s holdings in Schneider National were worth $4,049,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its stake in Schneider National by 2,425.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after purchasing an additional 1,625 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of Schneider National in the fourth quarter worth $47,000. Farther Finance Advisors LLC raised its holdings in shares of Schneider National by 155.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock worth $48,000 after buying an additional 1,110 shares during the last quarter. SJS Investment Consulting Inc. lifted its stake 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 buying an additional 1,800 shares during the period. Finally, State of Wyoming acquired a new stake in shares of Schneider National during the first quarter worth $68,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Price Performance

NYSE:SNDR opened at $35.72 on Friday. Schneider National, Inc. has a 52 week low of $20.11 and a 52 week high of $39.27. The company has a quick ratio of 1.83, a current ratio of 2.03 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $6.26 billion, a PE ratio of 55.82, a price-to-earnings-growth ratio of 0.79 and a beta of 1.17. The stock’s 50-day moving average price is $36.57 and its 200-day moving average price is $31.54.

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

Schneider National Dividend Announcement

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

Insider Buying and Selling

In other Schneider National news, EVP Shaleen Devgun sold 8,352 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $38.59, for a total transaction of $322,303.68. Following the completion of the transaction, the executive vice president directly owned 38,619 shares in the company, valued at approximately $1,490,307.21. This represents a 17.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Thomas G. Jackson sold 20,271 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $37.15, for a total transaction of $753,067.65. Following the transaction, the executive vice president directly owned 77,174 shares in the company, valued at approximately $2,867,014.10. The trade was a 20.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 101,617 shares of company stock valued at $3,683,339. 23.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Robert W. Baird upped their target price on Schneider National from $35.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Raymond James Financial reaffirmed a “market perform” rating on shares of Schneider National in a research report on Monday, April 20th. TD Cowen boosted their price target on Schneider National from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, May 1st. UBS Group increased their price objective on Schneider National from $27.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on Schneider National from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $34.69.

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.