Louisiana State Employees Retirement System Invests $583,000 in Schneider National, Inc. $SNDR

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

A number of other large investors also recently bought and sold shares of SNDR. Dimensional Fund Advisors LP boosted its stake in Schneider National by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,857,023 shares of the company’s stock worth $128,859,000 after acquiring an additional 83,356 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Schneider National by 4.2% during the fourth quarter. First Trust Advisors LP now owns 2,147,314 shares of the company’s stock valued at $56,968,000 after purchasing an additional 87,084 shares in the last quarter. AQR Capital Management LLC lifted its holdings 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 purchasing an additional 817,259 shares during the last quarter. Deprince Race & Zollo Inc. boosted its position in shares of Schneider National by 15.8% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,825,534 shares of the company’s stock worth $48,431,000 after purchasing an additional 249,258 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Schneider National by 145.4% in the 4th quarter. Bank of New York Mellon Corp now owns 1,816,087 shares of the company’s stock worth $48,181,000 after purchasing an additional 1,076,184 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SNDR has been the subject of a number of analyst reports. Raymond James Financial reaffirmed a “market perform” rating on shares of Schneider National in a research report on Monday, April 20th. Morgan Stanley increased their target price on Schneider National from $38.00 to $45.00 and gave the stock an “overweight” rating in a research note on Monday. TD Cowen raised their price target on Schneider National from $30.00 to $32.00 and gave the company a “buy” rating in a report on Friday, May 1st. Susquehanna lifted their price target on Schneider National from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Zacks Research raised shares of Schneider National from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $33.23.

Insider Buying and Selling

In other news, EVP Shaleen Devgun sold 8,352 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $38.59, for a total value of $322,303.68. Following the transaction, the executive vice president directly owned 38,619 shares in the company, valued at $1,490,307.21. This trade represents a 17.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Thomas G. Jackson sold 20,271 shares of Schneider National stock in a transaction 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 completion of the sale, the executive vice president directly owned 77,174 shares of the company’s stock, valued at $2,867,014.10. The trade was a 20.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 31,048 shares of company stock worth $1,150,304. 23.64% of the stock is owned by insiders.

Schneider National Price Performance

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

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, April 30th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Schneider National had a net margin of 1.73% and a return on equity of 3.45%. During the same quarter in the prior year, the business earned $0.16 EPS. The business’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, sell-side analysts forecast that Schneider National, Inc. will post 0.9 EPS for the current year.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 12th will be issued a $0.10 dividend. The ex-dividend date is 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%.

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.