Schneider National (NYSE:SNDR) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Schneider National (NYSE:SNDR) from a hold rating to a strong-buy rating in a report published on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the company. Robert W. Baird increased their price target on Schneider National from $35.00 to $39.00 and gave the company an “outperform” rating in a research note on Wednesday, June 17th. UBS Group lifted their price objective on 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 upped their price objective on Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Wells Fargo & Company increased their target price on Schneider National from $33.00 to $38.00 and gave the company an “equal weight” rating in a research report on Friday, June 5th. Finally, National Bank Financial set a $39.00 price target on shares of Schneider National in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $34.23.

Schneider National Stock Up 0.6%

SNDR opened at $36.92 on Monday. The firm has a 50-day simple moving average of $35.07 and a two-hundred day simple moving average of $30.47. Schneider National has a 52 week low of $20.11 and a 52 week high of $39.27. The company has a market capitalization of $6.46 billion, a PE ratio of 65.92, a price-to-earnings-growth ratio of 1.01 and a beta of 1.17. 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 (NYSE:SNDR) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Schneider National had a return on equity of 3.45% and a net margin of 1.73%.The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the business posted $0.16 earnings per share. The business’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. Analysts forecast that Schneider National will post 0.91 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 12th were given a $0.10 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 1.1%. Schneider National’s dividend payout ratio (DPR) is currently 71.43%.

Insiders Place Their Bets

In other Schneider National news, VP Magnin Shelly A. Dumas sold 2,425 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total transaction of $74,932.50. Following the sale, the vice president directly owned 24,697 shares in the company, valued at $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 SEC, which is available at this link. Also, EVP Shaleen Devgun sold 8,352 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $38.59, for a total value of $322,303.68. Following the sale, the executive vice president owned 38,619 shares in the company, valued at approximately $1,490,307.21. This trade represents a 17.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,048 shares of company stock valued at $1,150,304 over the last ninety days. 23.64% of the stock is owned by insiders.

Institutional Trading of Schneider National

Several hedge funds and other institutional investors have recently bought and sold shares of SNDR. Dimensional Fund Advisors LP raised its position in Schneider National by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,015,141 shares of the company’s stock worth $132,195,000 after purchasing an additional 158,118 shares during the period. First Trust Advisors LP boosted its position in shares of Schneider National by 6.1% during the first quarter. First Trust Advisors LP now owns 2,277,720 shares of the company’s stock valued at $60,041,000 after buying an additional 130,406 shares during the period. Deprince Race & Zollo Inc. boosted its position in shares of Schneider National by 18.3% during the first quarter. Deprince Race & Zollo Inc. now owns 2,160,106 shares of the company’s stock valued at $56,940,000 after buying an additional 334,572 shares during the period. AQR Capital Management LLC grew its stake in shares of Schneider National by 64.9% during the fourth quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock valued at $55,115,000 after buying an additional 817,259 shares during the last quarter. Finally, Quantinno Capital Management LP grew its stake in shares of Schneider National by 44.1% during the first quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock valued at $52,540,000 after buying an additional 610,020 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

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.