Wall Street Zen lowered shares of Schneider National (NYSE:SNDR – Free Report) from a buy rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.
A number of other equities research analysts have also recently weighed in on SNDR. Susquehanna dropped their price target on shares of Schneider National from $39.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Schneider National from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Wells Fargo & Company increased their price objective on shares of Schneider National from $33.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Friday, June 5th. Citigroup dropped their target price on shares of Schneider National from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Stephens raised Schneider National to a “hold” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $34.31.
Read Our Latest Stock Analysis on SNDR
Schneider National Trading Down 1.6%
Schneider National (NYSE:SNDR – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.52 billion. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 earnings per share. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. As a group, equities research analysts expect that Schneider National will post 1.04 EPS for the current year.
Schneider National Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 11th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, September 11th. Schneider National’s dividend payout ratio is presently 62.50%.
Insider Transactions at Schneider National
In other Schneider National news, insider Mark Rourke sold 52,682 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total value of $1,893,391.08. Following the completion of the transaction, the insider owned 221,522 shares of the company’s stock, valued at $7,961,500.68. This trade represents a 19.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 23.64% of the stock is currently owned by company insiders.
Institutional Trading of Schneider National
Several hedge funds have recently modified their holdings of the stock. Polaris Financial Partners purchased a new position in Schneider National in the third quarter valued at $48,000. QRG Capital Management Inc. raised its position in Schneider National by 14.0% in the 2nd quarter. QRG Capital Management Inc. now owns 85,178 shares of the company’s stock valued at $3,112,000 after purchasing an additional 10,476 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in Schneider National by 14.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,035 shares of the company’s stock valued at $330,000 after purchasing an additional 1,162 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Schneider National by 10.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 17,460 shares of the company’s stock valued at $638,000 after buying an additional 1,650 shares during the period. Finally, Tidal Investments LLC boosted its stake in shares of Schneider National by 32.8% in the 2nd quarter. Tidal Investments LLC now owns 25,861 shares of the company’s stock valued at $945,000 after buying an additional 6,381 shares during the period. 28.54% of the stock is currently owned by institutional investors and hedge funds.
About Schneider National
Schneider National, Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, dedicated transportation, intermodal transportation, brokerage, supply chain management and logistics services.
The company serves manufacturers, retailers and other businesses through a range of shipping and distribution solutions. Its services include long-haul and regional freight transportation, dedicated fleets tailored to individual customers, rail-and-truck intermodal shipping, freight brokerage and logistics planning and management.
Founded in 1935 by Al Schneider, the company is headquartered in Green Bay, Wisconsin, and serves customers primarily in the United States, Canada and Mexico.
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