Louisiana State Employees Retirement System Purchases Shares of 22,100 Schneider National, Inc. $SNDR

Louisiana State Employees Retirement System purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 22,100 shares of the company’s stock, valued at approximately $583,000.

Other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its holdings in shares of Schneider National by 2,425.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after buying an additional 1,625 shares in the last quarter. Global Retirement Partners LLC bought a new position in Schneider National during the fourth quarter valued at approximately $47,000. Farther Finance Advisors LLC grew its position in Schneider National by 155.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock valued at $48,000 after acquiring an additional 1,110 shares during the last quarter. Quarry LP raised its stake in shares of Schneider National by 36.7% during the third quarter. Quarry LP now owns 3,404 shares of the company’s stock worth $72,000 after acquiring an additional 913 shares in the last quarter. Finally, Hills Bank & Trust Co purchased a new position in shares of Schneider National during the fourth quarter worth approximately $105,000. 28.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SNDR. JPMorgan Chase & Co. upped their price objective on shares of Schneider National from $26.00 to $31.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. National Bank Financial set a $35.00 price target on shares of Schneider National in a research note on Friday, May 1st. Wells Fargo & Company upped their price target on shares of Schneider National from $33.00 to $38.00 and gave the company an “equal weight” rating in a research report on Friday, June 5th. Citigroup raised their price objective on Schneider National from $29.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Finally, Susquehanna lifted their price objective on Schneider National from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Six investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.23.

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 20,271 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $37.15, for a total value of $753,067.65. Following the completion of the sale, the executive vice president directly owned 77,174 shares in the company, valued at $2,867,014.10. This trade represents a 20.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Magnin Shelly A. Dumas sold 2,425 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total transaction of $74,932.50. Following the completion of the sale, the vice president owned 24,697 shares of the company’s stock, valued at $763,137.30. This trade represents a 8.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,048 shares of company stock valued at $1,150,304 over the last three months. Corporate insiders own 23.64% of the company’s stock.

Schneider National Price Performance

SNDR opened at $35.80 on Wednesday. The stock’s 50 day moving average price is $34.47 and its 200-day moving average price is $30.14. Schneider National, Inc. has a 52-week low of $20.11 and a 52-week high of $39.27. The stock has a market capitalization of $6.27 billion, a PE ratio of 63.93, a price-to-earnings-growth ratio of 0.99 and a beta of 1.17. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.83 and a current ratio of 1.95.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.12 earnings per share for the quarter, beating 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 business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the business posted $0.16 earnings per share. The firm’s revenue for the quarter 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 research analysts predict that Schneider National, Inc. will post 0.9 EPS for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 12th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, June 12th. Schneider National’s dividend payout ratio is presently 71.43%.

Schneider National 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.