Saia, Inc. $SAIA Stock Position Reduced by Thornburg Investment Management Inc.

Posted by George Bondi on Aug 30th, 2026

Thornburg Investment Management Inc. lessened its stake in Saia, Inc. (NASDAQ:SAIA – Free Report) by 42.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,850 shares of the transportation company’s stock after selling 4,330 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Saia were worth $2,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SAIA. BlackRock Inc. boosted its stake in shares of Saia by 6.6% during the 2nd quarter. BlackRock Inc. now owns 2,545,731 shares of the transportation company’s stock valued at $1,072,160,000 after buying an additional 156,628 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Saia by 2.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,798,841 shares of the transportation company’s stock valued at $587,358,000 after acquiring an additional 43,690 shares in the last quarter. Viking Global Investors LP increased its stake in shares of Saia by 67.2% in the third quarter. Viking Global Investors LP now owns 1,383,888 shares of the transportation company’s stock worth $414,281,000 after acquiring an additional 556,229 shares during the last quarter. Invesco Ltd. increased its stake in shares of Saia by 31.7% in the fourth quarter. Invesco Ltd. now owns 923,912 shares of the transportation company’s stock worth $301,676,000 after acquiring an additional 222,494 shares during the last quarter. Finally, Wasatch Advisors LP raised its holdings in shares of Saia by 25.3% during the second quarter. Wasatch Advisors LP now owns 825,687 shares of the transportation company’s stock worth $226,230,000 after acquiring an additional 166,486 shares in the last quarter.

Saia Trading Down 0.2%

Shares of NASDAQ:SAIA opened at $352.25 on Friday. The stock has a market capitalization of $9.39 billion, a PE ratio of 34.00, a P/E/G ratio of 1.59 and a beta of 2.14. Saia, Inc. has a 1 year low of $249.32 and a 1 year high of $494.71. The firm has a fifty day moving average price of $396.18 and a 200 day moving average price of $405.81. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04.

Saia (NASDAQ:SAIA – Get Free Report) last posted its earnings results on Thursday, July 30th. The transportation company reported $3.51 EPS for the quarter, topping the consensus estimate of $3.38 by $0.13. Saia had a net margin of 8.19% and a return on equity of 10.21%. The firm had revenue of $956.49 million for the quarter, compared to the consensus estimate of $956.20 million. During the same period in the prior year, the business posted $2.67 earnings per share. The business’s quarterly revenue was up 17.1% on a year-over-year basis. Analysts expect that Saia, Inc. will post 11.44 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on SAIA shares. Bank of America raised Saia from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $499.00 to $502.00 in a research report on Monday, July 13th. Morgan Stanley dropped their target price on Saia from $295.00 to $285.00 and set an “underweight” rating on the stock in a research report on Friday, July 31st. Citigroup cut their price target on Saia from $488.00 to $423.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Stephens reduced their price target on Saia from $520.00 to $490.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, Barclays lowered their price target on Saia from $500.00 to $475.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Thirteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Saia currently has an average rating of “Moderate Buy” and an average target price of $449.67.

View Our Latest Analysis on Saia

About Saia

(Free Report)

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.