Vestcor Inc trimmed its stake in Schneider National, Inc. (NYSE:SNDR – Free Report) by 16.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,865 shares of the company’s stock after selling 23,446 shares during the period. Vestcor Inc’s holdings in Schneider National were worth $3,233,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of SNDR. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schneider National by 5.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,009 shares of the company’s stock worth $319,000 after buying an additional 674 shares during the last quarter. Baker Avenue Asset Management LP increased its position in shares of Schneider National by 7.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 11,409 shares of the company’s stock valued at $303,000 after purchasing an additional 764 shares during the last quarter. Teza Capital Management LLC raised its holdings in shares of Schneider National by 6.2% during the 2nd quarter. Teza Capital Management LLC now owns 13,719 shares of the company’s stock valued at $331,000 after buying an additional 802 shares in the last quarter. Raymond James Financial Inc. lifted its position in Schneider National by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 183,179 shares of the company’s stock worth $4,424,000 after buying an additional 835 shares during the last quarter. Finally, Quarry LP boosted its stake in Schneider National by 36.7% in the third quarter. Quarry LP now owns 3,404 shares of the company’s stock worth $72,000 after buying an additional 913 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Schneider National
In other news, VP Magnin Shelly A. Dumas sold 2,425 shares of Schneider National stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $30.90, for a total transaction of $74,932.50. Following the completion of the transaction, the vice president directly owned 24,697 shares in the company, valued at approximately $763,137.30. This trade represents a 8.94% 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. Corporate insiders own 23.64% of the company’s stock.
Schneider National Stock Performance
Schneider National (NYSE:SNDR – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. Schneider National had a net margin of 1.73% and a return on equity of 3.45%. The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the business earned $0.16 EPS. Schneider National’s quarterly revenue was down .2% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. On average, equities analysts forecast that Schneider National, Inc. will post 0.9 earnings per share for the current fiscal year.
Schneider National Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.1%. Schneider National’s dividend payout ratio (DPR) is currently 71.43%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on SNDR shares. Susquehanna boosted their price objective on shares of Schneider National from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Tuesday. National Bank Financial set a $35.00 price target on shares of Schneider National in a research report on Friday, May 1st. Zacks Research upgraded Schneider National from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. UBS Group increased their target price on Schneider National from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Finally, Robert W. Baird lifted their price target on Schneider National from $30.00 to $33.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $32.23.
Check Out Our Latest Report on Schneider National
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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