Wall Street Zen upgraded shares of Schneider National (NYSE:SNDR – Free Report) from a hold rating to a buy rating in a report issued on Saturday morning.
A number of other research firms have also commented on SNDR. JPMorgan Chase & Co. raised their price objective 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. Wells Fargo & Company upped their target price on shares of Schneider National from $33.00 to $38.00 and gave the stock an “equal weight” rating in a report on Friday, June 5th. Robert W. Baird increased their target price on shares of Schneider National from $35.00 to $39.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. National Bank Financial set a $38.00 price target on shares of Schneider National in a report on Friday, July 31st. Finally, Stephens raised shares of Schneider National to a “hold” rating in a report on Wednesday, July 8th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $34.69.
Read Our Latest Report on SNDR
Schneider National Stock Performance
Schneider National (NYSE:SNDR – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the firm earned $0.21 EPS. The company’s quarterly 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. Research analysts predict that Schneider National will post 1.05 EPS 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 given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, September 11th. Schneider National’s dividend payout ratio (DPR) is 62.50%.
Insider Transactions at Schneider National
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 value of $753,067.65. Following the transaction, the executive vice president directly owned 77,174 shares in the company, valued at approximately $2,867,014.10. This represents a 20.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark B. Rourke sold 52,682 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider directly owned 221,522 shares in the company, valued at $7,961,500.68. This represents a 19.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 101,617 shares of company stock valued at $3,683,339. 23.64% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Schneider National
A number of hedge funds and other institutional investors have recently bought and sold shares of SNDR. Dimensional Fund Advisors LP raised its position in shares of Schneider National by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,015,141 shares of the company’s stock valued at $132,195,000 after buying an additional 158,118 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Schneider National by 6.1% during the 1st quarter. First Trust Advisors LP now owns 2,277,720 shares of the company’s stock worth $60,041,000 after acquiring an additional 130,406 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in Schneider National by 18.3% in the first quarter. Deprince Race & Zollo Inc. now owns 2,160,106 shares of the company’s stock worth $56,940,000 after acquiring an additional 334,572 shares in the last quarter. AQR Capital Management LLC grew its position in Schneider National by 64.9% in the fourth quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock worth $55,115,000 after acquiring an additional 817,259 shares in the last quarter. Finally, Quantinno Capital Management LP increased its stake in Schneider National by 44.1% in the first quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock valued at $52,540,000 after acquiring an additional 610,020 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.
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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