Thrivent Financial for Lutherans Sells 571,519 Shares of Schneider National, Inc. $SNDR

Thrivent Financial for Lutherans lessened its stake in shares of Schneider National, Inc. (NYSE:SNDRFree Report) by 81.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 131,092 shares of the company’s stock after selling 571,519 shares during the period. Thrivent Financial for Lutherans’ holdings in Schneider National were worth $3,478,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in shares of Schneider National by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 4,773,667 shares of the company’s stock worth $101,010,000 after buying an additional 66,928 shares during the last quarter. Deprince Race & Zollo Inc. grew its stake in shares of Schneider National by 15.8% during the fourth quarter. Deprince Race & Zollo Inc. now owns 1,825,534 shares of the company’s stock worth $48,431,000 after buying an additional 249,258 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Schneider National during the fourth quarter worth $29,469,000. Balyasny Asset Management L.P. bought a new stake in shares of Schneider National during the second quarter worth $26,393,000. Finally, AQR Capital Management LLC grew its stake in shares of Schneider National by 30.6% during the second quarter. AQR Capital Management LLC now owns 930,913 shares of the company’s stock worth $22,482,000 after buying an additional 217,874 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Insider Buying and Selling at Schneider National

In other news, VP Magnin Shelly A. Dumas sold 2,425 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $30.90, for a total transaction of $74,932.50. Following the transaction, the vice president owned 24,697 shares in the company, valued at approximately $763,137.30. This represents a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 23.64% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on SNDR. UBS Group boosted their price objective on shares of Schneider National from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. TD Cowen boosted their price objective on shares of Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a research note on Friday, March 27th. JPMorgan Chase & Co. boosted their price objective on shares of Schneider National from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Zacks Research raised shares of Schneider National from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $31.71.

Check Out Our Latest Research Report on Schneider National

Schneider National Price Performance

SNDR stock opened at $33.44 on Friday. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 59.71, a PEG ratio of 0.93 and a beta of 1.14. The company has a quick ratio of 1.83, a current ratio of 1.95 and a debt-to-equity ratio of 0.13. Schneider National, Inc. has a 12-month low of $20.11 and a 12-month high of $33.67. The company’s fifty day simple moving average is $28.43 and its 200 day simple moving average is $27.22.

Schneider National (NYSE:SNDRGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.42 billion. Schneider National had a net margin of 1.73% and a return on equity of 3.45%. Schneider National’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 earnings per share. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. On average, analysts expect that Schneider National, Inc. will post 0.9 earnings per share for the current year.

Schneider National declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, January 28th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 12th will be issued a $0.10 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 1.2%. Schneider National’s payout ratio is presently 71.43%.

Schneider National Profile

(Free Report)

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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Institutional Ownership by Quarter for Schneider National (NYSE:SNDR)

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