Schneider National, Inc. $SNDR Holdings Decreased by QRG Capital Management Inc.

QRG Capital Management Inc. cut its position in shares of Schneider National, Inc. (NYSE:SNDR) by 59.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,761 shares of the company’s stock after selling 89,420 shares during the quarter. QRG Capital Management Inc.’s holdings in Schneider National were worth $1,265,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Evergreen Capital Management LLC bought a new position in shares of Schneider National in the 3rd quarter worth about $220,000. Kera Capital Partners Inc. raised its stake in Schneider National by 14.5% during the third quarter. Kera Capital Partners Inc. now owns 14,621 shares of the company’s stock worth $309,000 after acquiring an additional 1,851 shares during the period. SG Americas Securities LLC lifted its holdings in Schneider National by 142.6% in the third quarter. SG Americas Securities LLC now owns 87,891 shares of the company’s stock worth $1,860,000 after acquiring an additional 51,661 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Schneider National by 4.1% in the third quarter. Louisiana State Employees Retirement System now owns 22,900 shares of the company’s stock valued at $485,000 after acquiring an additional 900 shares during the period. Finally, Voya Investment Management LLC grew its holdings in shares of Schneider National by 19.2% during the third quarter. Voya Investment Management LLC now owns 102,808 shares of the company’s stock valued at $2,175,000 after purchasing an additional 16,574 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on SNDR shares. Stifel Nicolaus boosted their price objective on Schneider National from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. National Bankshares set a $21.00 price target on shares of Schneider National in a research report on Friday, October 31st. TD Cowen cut their price objective on shares of Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Finally, JPMorgan Chase & Co. upped their target price on shares of Schneider National from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $28.80.

Schneider National Stock Performance

Shares of SNDR opened at $28.74 on Wednesday. The firm has a market capitalization of $5.04 billion, a PE ratio of 44.91, a P/E/G ratio of 0.74 and a beta of 1.08. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. The firm has a 50-day moving average price of $25.77 and a 200 day moving average price of $24.46. Schneider National, Inc. has a 52-week low of $20.11 and a 52-week high of $31.19.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the company posted $0.18 earnings per share. The company’s revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Friday, December 12th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, December 12th. Schneider National’s payout ratio is currently 59.38%.

Schneider National 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.