Inceptionr LLC bought a new stake in Schneider National, Inc. (NYSE:SNDR – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,603 shares of the company’s stock, valued at approximately $385,000.
A number of other large investors have also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Schneider National in the fourth quarter worth $29,469,000. Balyasny Asset Management L.P. acquired a new stake in shares of Schneider National during the second quarter valued at $26,393,000. Bank of New York Mellon Corp boosted its stake in shares of Schneider National by 145.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,816,087 shares of the company’s stock valued at $48,181,000 after acquiring an additional 1,076,184 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Schneider National by 64.9% during the fourth quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock valued at $55,115,000 after acquiring an additional 817,259 shares during the last quarter. Finally, Gotham Asset Management LLC increased its position in Schneider National by 396.1% during the 3rd quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock worth $18,109,000 after purchasing an additional 683,298 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.
Insider Buying and Selling
In related news, EVP Thomas G. Jackson sold 20,271 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 77,174 shares of the company’s stock, valued at approximately $2,867,014.10. This represents a 20.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Shaleen Devgun sold 8,352 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $38.59, for a total transaction of $322,303.68. Following 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 position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 31,048 shares of company stock valued at $1,150,304. Insiders own 23.64% of the company’s stock.
Schneider National Stock Performance
Schneider National (NYSE:SNDR – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. Equities research analysts anticipate that Schneider National, Inc. will post 0.91 earnings per share for the current year.
Schneider National Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 12th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, June 12th. Schneider National’s payout ratio is presently 71.43%.
Wall Street Analysts Forecast Growth
SNDR has been the subject of several analyst reports. Citigroup boosted their target price on shares of Schneider National from $33.00 to $39.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Stephens upgraded shares of Schneider National to a “hold” rating in a report on Wednesday, July 8th. Benchmark reissued a “buy” rating on shares of Schneider National in a research report on Thursday, July 16th. TD Cowen boosted their price objective on shares of Schneider National from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Weiss Ratings downgraded shares of Schneider National from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $34.31.
Check Out Our Latest Stock Report on Schneider National
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.
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