Sequoia Financial Advisors LLC Makes New $390,000 Investment in Schneider National, Inc. $SNDR

Sequoia Financial Advisors LLC acquired a new stake in shares of Schneider National, Inc. (NYSE:SNDR) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 16,136 shares of the company’s stock, valued at approximately $390,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SNDR. WPG Advisers LLC purchased a new stake in shares of Schneider National in the first quarter worth $25,000. KBC Group NV bought a new position in Schneider National in the 1st quarter worth $28,000. Quarry LP purchased a new stake in Schneider National in the 1st quarter worth $32,000. CWM LLC raised its holdings in Schneider National by 103.4% during the first quarter. CWM LLC now owns 3,513 shares of the company’s stock valued at $80,000 after acquiring an additional 1,786 shares during the period. Finally, Hilltop National Bank purchased a new position in shares of Schneider National in the second quarter valued at about $102,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SNDR has been the subject of a number of research analyst reports. Zacks Research lowered Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Stifel Nicolaus raised Schneider National from a “hold” rating to a “buy” rating and dropped their price target for the company from $26.00 to $25.00 in a research note on Friday, October 3rd. Evercore ISI reduced their price target on shares of Schneider National from $24.00 to $22.00 and set an “in-line” rating on the stock in a research note on Tuesday, September 30th. Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a research report on Thursday, September 11th. Finally, UBS Group lowered shares of Schneider National from a “buy” rating to a “neutral” rating and raised their target price for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $27.00.

Schneider National Trading Up 1.4%

Shares of SNDR stock opened at $23.92 on Wednesday. Schneider National, Inc. has a 1-year low of $20.59 and a 1-year high of $33.90. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 34.16, a PEG ratio of 0.76 and a beta of 1.06. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The stock has a 50 day simple moving average of $23.41 and a 200-day simple moving average of $23.73.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company posted $0.21 EPS. Schneider National’s quarterly revenue was up 7.9% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. On average, equities research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Friday, September 12th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, September 12th. Schneider National’s payout ratio is 54.29%.

Insider Activity at Schneider National

In related news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of the transaction, the executive vice president directly owned 72,870 shares in the company, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 23.43% of the company’s stock.

About Schneider National

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.