Schneider National, Inc. $SNDR Stock Holdings Lessened by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 11.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,151,573 shares of the company’s stock after selling 280,341 shares during the period. Thrivent Financial for Lutherans’ holdings in Schneider National were worth $51,960,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SNDR. WPG Advisers LLC bought a new position in Schneider National in the first quarter worth about $25,000. Quarry LP acquired a new stake in shares of Schneider National during the 1st quarter worth approximately $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Schneider National during the 2nd quarter worth approximately $37,000. KBC Group NV lifted its holdings in shares of Schneider National by 86.3% in the 2nd quarter. KBC Group NV now owns 2,290 shares of the company’s stock worth $55,000 after purchasing an additional 1,061 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its position in Schneider National by 2,943.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company’s stock valued at $85,000 after purchasing an additional 3,385 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Performance

SNDR stock opened at $27.00 on Monday. The company has a 50-day simple moving average of $22.91 and a 200 day simple moving average of $23.78. The company has a market capitalization of $4.73 billion, a P/E ratio of 42.18, a PEG ratio of 1.06 and a beta of 1.09. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. Schneider National, Inc. has a fifty-two week low of $20.11 and a fifty-two week high of $31.60.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The company’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Sell-side analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is presently 59.38%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. TD Cowen dropped their target price on Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Susquehanna lowered their price target on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. National Bankshares set a $21.00 price objective on shares of Schneider National in a research report on Friday, October 31st. Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. Finally, Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Schneider National has an average rating of “Hold” and an average price target of $25.80.

About Schneider National

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.