Schneider National (NYSE:SNDR) Stock Price Up 5.7% – Here’s What Happened

Shares of Schneider National, Inc. (NYSE:SNDR) traded up 5.7% during trading on Thursday . The stock traded as high as $38.63 and last traded at $38.5250. Approximately 164,626 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 1,020,711 shares. The stock had previously closed at $36.44.

Analysts Set New Price Targets

Several brokerages have recently commented on SNDR. Benchmark restated a “buy” rating on shares of Schneider National in a research note on Thursday. Susquehanna boosted their price target on shares of Schneider National from $36.00 to $39.00 and gave the stock a “neutral” rating in a research note on Tuesday. Weiss Ratings raised Schneider National from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 30th. National Bank Financial set a $40.00 target price on shares of Schneider National in a research note on Thursday. Finally, Citigroup increased their target price on shares of Schneider National from $33.00 to $39.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Schneider National has a consensus rating of “Hold” and a consensus price target of $34.31.

Schneider National Trading Down 0.5%

The business has a 50 day moving average of $35.48 and a 200-day moving average of $30.67. The company has a current ratio of 1.95, a quick ratio of 1.83 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $6.70 billion, a P/E ratio of 68.36, a PEG ratio of 1.06 and a beta of 1.17.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results 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 net margin of 1.73% and a return on equity of 3.45%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the previous year, the firm posted $0.16 earnings per share. The business’s revenue was down .2% on a year-over-year basis. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. Analysts anticipate that Schneider National, Inc. will post 0.91 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 12th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. Schneider National’s dividend payout ratio (DPR) is presently 71.43%.

Insider Activity at Schneider National

In related news, VP Magnin Shelly A. Dumas sold 2,425 shares of Schneider National stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total value of $74,932.50. Following the sale, the vice president owned 24,697 shares of the company’s stock, valued at approximately $763,137.30. This trade represents a 8.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas G. Jackson sold 20,271 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $37.15, for a total value of $753,067.65. Following the transaction, the executive vice president directly owned 77,174 shares of the company’s stock, valued at approximately $2,867,014.10. This trade represents a 20.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 31,048 shares of company stock valued at $1,150,304. 23.64% of the stock is owned by insiders.

Institutional Inflows and Outflows

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

Schneider National Company Profile

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.