Public Employees Retirement System of Ohio Makes New Investment in Schneider National, Inc. $SNDR

Public Employees Retirement System of Ohio bought a new stake in Schneider National, Inc. (NYSE:SNDR) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 16,772 shares of the company’s stock, valued at approximately $613,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of 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 during the last quarter. EverSource Wealth Advisors LLC grew its position in Schneider National by 47.6% in the first quarter. EverSource Wealth Advisors LLC now owns 1,516 shares of the company’s stock valued at $40,000 after acquiring an additional 489 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Schneider National during the fourth quarter worth about $47,000. SJS Investment Consulting Inc. raised its stake in 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 in the last quarter. Finally, State of Wyoming acquired a new position in Schneider National during the first quarter worth about $68,000. Institutional investors own 28.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. UBS Group raised their price target on shares of Schneider National from $27.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Wall Street Zen raised shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Stephens raised shares of Schneider National to a “hold” rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. raised their target price on shares of Schneider National from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Finally, Citigroup decreased their target price on shares of Schneider National from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and a consensus target price of $34.69.

Schneider National Stock Performance

Schneider National stock opened at $33.97 on Friday. The business has a 50 day moving average of $35.77 and a 200-day moving average of $32.50. Schneider National, Inc. has a 1 year low of $20.11 and a 1 year high of $39.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.94. The company has a market capitalization of $5.95 billion, a P/E ratio of 53.07, a P/E/G ratio of 0.76 and a beta of 1.17.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, July 30th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.23 by $0.06. Schneider National had a net margin of 1.92% and a return on equity of 3.89%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the company earned $0.21 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. On average, equities research analysts predict that Schneider National, Inc. will post 1.04 earnings per share for the current 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 of this dividend is Friday, September 11th. This represents a $0.40 annualized dividend and a dividend yield of 1.2%. Schneider National’s dividend payout ratio (DPR) is presently 62.50%.

Insider Activity at Schneider National

In other news, insider Mark Rourke sold 52,682 shares of Schneider National stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total transaction of $1,893,391.08. Following the transaction, the insider owned 221,522 shares in the company, valued at approximately $7,961,500.68. The trade was a 19.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 23.64% of the company’s stock.

Schneider National Profile

Schneider National, Inc is a transportation and logistics company headquartered in Green Bay, Wisconsin. The company provides freight transportation and supply chain services primarily across the United States, Canada and Mexico.

Its operations include truckload transportation, dedicated transportation, intermodal rail services, brokerage and logistics management. Schneider also provides services such as supply chain consulting, warehousing and final-mile delivery for customers in a range of industries.

Founded in 1935 by Al Schneider, the company began as a single-truck operation and has expanded into an integrated North American transportation provider.