Public Employees Retirement System of Ohio Takes $613,000 Position in Schneider National, Inc. $SNDR

Public Employees Retirement System of Ohio acquired a new position in shares of Schneider National, Inc. (NYSE:SNDR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,772 shares of the company’s stock, valued at approximately $613,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Balyasny Asset Management L.P. acquired a new stake in Schneider National during the 2nd quarter valued at approximately $26,393,000. Bank of New York Mellon Corp raised its holdings in Schneider National by 145.4% during 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 during the last quarter. AQR Capital Management LLC lifted its position in shares of Schneider National by 64.9% in the 4th quarter. AQR Capital Management LLC now owns 2,077,455 shares of the company’s stock worth $55,115,000 after purchasing an additional 817,259 shares during the period. Gotham Asset Management LLC boosted its stake in shares of Schneider National by 396.1% in the 3rd quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock valued at $18,109,000 after purchasing an additional 683,298 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in shares of Schneider National by 44.1% in the 1st quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock valued at $52,540,000 after purchasing an additional 610,020 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Trading Up 0.6%

NYSE SNDR opened at $33.97 on Friday. The company has a quick ratio of 1.94, a current ratio of 2.03 and a debt-to-equity ratio of 0.13. Schneider National, Inc. has a 52 week low of $20.11 and a 52 week high of $39.27. The business has a 50 day moving average price of $35.77 and a 200-day moving average price of $32.50. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 53.07, a P/E/G ratio of 0.76 and a beta of 1.17.

Schneider National (NYSE:SNDR) last issued its earnings results 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 company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the business earned $0.21 EPS. Schneider National’s quarterly revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. As a group, equities analysts expect that Schneider National, Inc. will post 1.04 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders 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 1.2%. Schneider National’s dividend payout ratio is presently 62.50%.

Analyst Ratings Changes

SNDR has been the subject of a number of analyst reports. Zacks Research raised shares of Schneider National from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Weiss Ratings raised shares of Schneider National from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Citigroup decreased their price target on Schneider National from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Morgan Stanley lifted their price objective on Schneider National from $38.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, Wells Fargo & Company boosted their price objective on Schneider National from $33.00 to $38.00 and gave the company an “equal weight” rating in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $34.69.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Mark Rourke sold 52,682 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total value of $1,893,391.08. Following the transaction, the insider directly owned 221,522 shares of the company’s stock, valued at approximately $7,961,500.68. This trade represents a 19.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 23.64% of the company’s stock.

Schneider National Profile

Schneider National, Inc is a transportation and logistics company headquartered in Green Bay, Wisconsin. The company provides freight transportation and supply chain services primarily across the United States, Canada and Mexico.

Its operations include truckload transportation, dedicated transportation, intermodal rail services, brokerage and logistics management. Schneider also provides services such as supply chain consulting, warehousing and final-mile delivery for customers in a range of industries.

Founded in 1935 by Al Schneider, the company began as a single-truck operation and has expanded into an integrated North American transportation provider.