Granite Investment Partners LLC Buys 7,494 Shares of Saia, Inc. $SAIA

Posted by Francis Steltz on Jul 9th, 2026

Granite Investment Partners LLC lifted its stake in shares of Saia, Inc. (NASDAQ:SAIA – Free Report) by 38.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 27,089 shares of the transportation company’s stock after buying an additional 7,494 shares during the period. Granite Investment Partners LLC’s holdings in Saia were worth $9,516,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in Saia by 52.4% in the first quarter. AQR Capital Management LLC now owns 1,781 shares of the transportation company’s stock worth $622,000 after buying an additional 612 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Saia by 334.3% during the 1st quarter. Jones Financial Companies Lllp now owns 873 shares of the transportation company’s stock worth $305,000 after acquiring an additional 672 shares during the period. California Public Employees Retirement System raised its position in shares of Saia by 4.3% in the 2nd quarter. California Public Employees Retirement System now owns 32,543 shares of the transportation company’s stock worth $8,916,000 after acquiring an additional 1,356 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Saia in the 2nd quarter worth approximately $11,599,000. Finally, Frontier Capital Management Co. LLC purchased a new position in shares of Saia in the 2nd quarter valued at approximately $13,943,000.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Citigroup lowered Saia from a “buy” rating to a “neutral” rating and lifted their price target for the company from $516.00 to $524.00 in a research report on Monday, June 15th. Wells Fargo & Company increased their price objective on Saia from $445.00 to $490.00 and gave the stock an “equal weight” rating in a report on Friday, June 5th. Evercore raised Saia from an “in-line” rating to an “outperform” rating in a research report on Wednesday, July 1st. Morgan Stanley boosted their target price on shares of Saia from $265.00 to $295.00 and gave the company an “underweight” rating in a report on Monday. Finally, Wall Street Zen raised shares of Saia from a “sell” rating to a “hold” rating in a research report on Monday, May 4th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $460.50.

Read Our Latest Research Report on SAIA

Saia Stock Performance

Saia stock opened at $414.65 on Thursday. The stock’s 50 day moving average is $448.57 and its 200 day moving average is $397.22. The company has a market capitalization of $11.06 billion, a P/E ratio of 43.56, a PEG ratio of 1.96 and a beta of 2.13. Saia, Inc. has a twelve month low of $249.32 and a twelve month high of $494.71. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.04.

Saia (NASDAQ:SAIA – Get Free Report) last released its earnings results on Thursday, April 30th. The transportation company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.82 by $0.04. Saia had a return on equity of 9.60% and a net margin of 7.84%.The business had revenue of $806.23 million for the quarter, compared to the consensus estimate of $789.08 million. During the same period in the previous year, the company posted $1.86 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities research analysts predict that Saia, Inc. will post 11.53 earnings per share for the current fiscal year.

Saia Profile

(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.