Mark Rourke Sells 20,312 Shares of Schneider National (NYSE:SNDR) Stock

Schneider National, Inc. (NYSE:SNDRGet Free Report) insider Mark Rourke sold 20,312 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $35.18, for a total transaction of $714,576.16. Following the transaction, the insider owned 221,522 shares of the company’s stock, valued at approximately $7,793,143.96. This represents a 8.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Schneider National Stock Down 3.7%

Schneider National stock opened at $35.17 on Friday. The stock has a market capitalization of $6.16 billion, a PE ratio of 54.95, a price-to-earnings-growth ratio of 0.81 and a beta of 1.17. Schneider National, Inc. has a twelve month low of $20.11 and a twelve month high of $39.27. The company has a quick ratio of 1.83, a current ratio of 2.03 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $36.56 and a 200-day moving average of $31.51.

Schneider National (NYSE:SNDRGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.06. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the company earned $0.21 earnings per share. Schneider National’s quarterly revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. On average, equities research analysts anticipate that Schneider National, Inc. will post 1.05 EPS for the current fiscal 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 issued a dividend of $0.10 per share. The ex-dividend date is Friday, September 11th. This represents a $0.40 annualized dividend and a yield of 1.1%. Schneider National’s dividend payout ratio is presently 62.50%.

Hedge Funds Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SNDR. Royal Bank of Canada raised its position in shares of Schneider National by 19.1% in the first quarter. Royal Bank of Canada now owns 162,011 shares of the company’s stock valued at $3,702,000 after purchasing an additional 26,015 shares during the period. Millennium Management LLC acquired a new position in Schneider National in the 1st quarter valued at about $7,477,000. Empowered Funds LLC raised its holdings in Schneider National by 12.0% in the 1st quarter. Empowered Funds LLC now owns 13,944 shares of the company’s stock valued at $319,000 after acquiring an additional 1,494 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Schneider National by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 178,433 shares of the company’s stock valued at $4,077,000 after acquiring an additional 27,180 shares during the period. Finally, Jane Street Group LLC lifted its position in Schneider National by 120.5% during the first quarter. Jane Street Group LLC now owns 90,616 shares of the company’s stock worth $2,071,000 after acquiring an additional 49,511 shares during the last quarter. 28.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SNDR shares. Morgan Stanley boosted their price target on shares of Schneider National from $38.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Wells Fargo & Company raised their price objective on Schneider National from $33.00 to $38.00 and gave the company an “equal weight” rating in a report on Friday, June 5th. Susquehanna dropped their target price on Schneider National from $39.00 to $36.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Weiss Ratings cut Schneider National from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Finally, Robert W. Baird raised 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. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $34.69.

View Our Latest Stock Analysis on Schneider National

Schneider National Company Profile

(Get Free Report)

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.

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