Schneider National (NYSE:SNDR – Get Free Report) had its target price increased by investment analysts at Robert W. Baird from $30.00 to $33.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s target price indicates a potential upside of 5.23% from the stock’s current price.
Several other research firms have also weighed in on SNDR. National Bank Financial set a $35.00 price target on Schneider National in a research report on Friday. Raymond James Financial reiterated a “market perform” rating on shares of Schneider National in a research note on Monday, April 20th. Wells Fargo & Company lifted their target price on Schneider National from $25.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday. Bank of America upgraded Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Friday, January 9th. Finally, Zacks Research upgraded Schneider National from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $31.21.
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Schneider National Stock Down 0.3%
Schneider National (NYSE:SNDR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.42 billion. Schneider National had a return on equity of 3.45% and a net margin of 1.73%.The business’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.16 EPS. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. Equities research analysts expect that Schneider National will post 0.87 earnings per share for the current fiscal year.
Schneider National declared that its Board of Directors has approved a stock buyback program on Wednesday, January 28th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to repurchase up to 2.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.
Insider Activity at Schneider National
In related news, CFO Darrell George Campbell sold 6,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $28.89, for a total value of $173,340.00. Following the completion of the sale, the chief financial officer directly owned 66,275 shares in the company, valued at $1,914,684.75. The trade was a 8.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 23.64% of the company’s stock.
Institutional Trading of Schneider National
Several institutional investors have recently added to or reduced their stakes in SNDR. Vaughan Nelson Investment Management L.P. bought a new stake in Schneider National in the 4th quarter valued at $29,469,000. Balyasny Asset Management L.P. bought a new stake in Schneider National in the 2nd quarter valued at $26,393,000. Bank of New York Mellon Corp boosted its stake in Schneider National by 145.4% in the 4th quarter. Bank of New York Mellon Corp now owns 1,816,087 shares of the company’s stock valued at $48,181,000 after purchasing an additional 1,076,184 shares during the period. AQR Capital Management LLC boosted its stake in Schneider National by 64.9% in the 4th quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock valued at $55,115,000 after purchasing an additional 817,259 shares during the period. Finally, Gotham Asset Management LLC boosted its stake in Schneider National by 396.1% in the 3rd quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock valued at $18,109,000 after purchasing an additional 683,298 shares during the period. 28.54% of the stock is currently owned by institutional investors.
About Schneider National
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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