Great Lakes Advisors LLC Purchases Shares of 90,333 Schneider National, Inc. $SNDR

Great Lakes Advisors LLC acquired a new stake in shares of Schneider National, Inc. (NYSE:SNDR) in the second quarter, Holdings Channel.com reports. The fund acquired 90,333 shares of the company’s stock, valued at approximately $3,300,000.

Other large investors have also modified their holdings of the company. Royal Bank of Canada lifted its holdings in shares of Schneider National by 19.1% during the first quarter. Royal Bank of Canada now owns 162,011 shares of the company’s stock valued at $3,702,000 after purchasing an additional 26,015 shares during the last quarter. Millennium Management LLC purchased a new stake in Schneider National during the first quarter valued at about $7,477,000. Empowered Funds LLC lifted its stake in Schneider National by 12.0% during the first quarter. Empowered Funds LLC now owns 13,944 shares of the company’s stock valued at $319,000 after buying an additional 1,494 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Schneider National by 18.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 178,433 shares of the company’s stock worth $4,077,000 after acquiring an additional 27,180 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Schneider National by 120.5% during the 1st quarter. Jane Street Group LLC now owns 90,616 shares of the company’s stock worth $2,071,000 after purchasing an additional 49,511 shares in the last quarter. 28.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. National Bank Financial set a $38.00 target price on Schneider National in a report on Friday, July 31st. Citigroup dropped their price target on Schneider National from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. JPMorgan Chase & Co. increased 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. TD Cowen raised their price objective on Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, UBS Group lifted their target price on Schneider National from $27.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $34.69.

Insider Transactions at Schneider National

In other news, EVP Shaleen Devgun sold 8,352 shares of the firm’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 transaction, the executive vice president owned 38,619 shares in the company, valued at approximately $1,490,307.21. This trade represents a 17.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mark B. Rourke sold 52,682 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $35.94, for a total transaction of $1,893,391.08. Following the completion of the sale, the insider owned 221,522 shares of the company’s stock, valued at $7,961,500.68. This represents a 19.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,617 shares of company stock worth $3,683,339 in the last 90 days. 23.64% of the stock is owned by insiders.

Schneider National Stock Performance

Shares of NYSE SNDR opened at $35.11 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.94. Schneider National, Inc. has a one year low of $20.11 and a one year high of $39.27. The business’s 50-day moving average price is $36.26 and its two-hundred day moving average price is $31.93. The company has a market capitalization of $6.15 billion, a P/E ratio of 54.86, a price-to-earnings-growth ratio of 0.79 and a beta of 1.17.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.06. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company earned $0.21 EPS. The firm’s revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. Analysts anticipate that Schneider National, Inc. will post 1.04 earnings per share for the current fiscal year.

Schneider National Announces Dividend

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

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.