Schneider National (NYSE:SNDR) Stock Dropped to Hold by Zacks Research

Zacks Research cut shares of Schneider National (NYSE:SNDR) from a strong-buy rating to a hold rating in a research note issued to investors on Wednesday morning,Zacks reports.

A number of other research analysts have also recently commented on the company. Wells Fargo & Company reduced their price objective on Schneider National from $38.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. dropped their target price on Schneider National from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday. Wall Street Zen lowered Schneider National from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Susquehanna lowered their price objective on shares of Schneider National from $39.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, Weiss Ratings upgraded shares of Schneider National from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Schneider National currently has a consensus rating of “Hold” and an average target price of $33.69.

Schneider National Stock Performance

NYSE:SNDR opened at $31.75 on Wednesday. The company has a market cap of $5.56 billion, a P/E ratio of 49.60, a P/E/G ratio of 0.71 and a beta of 1.21. The firm’s 50 day moving average is $34.01 and its two-hundred day moving average is $33.40. Schneider National has a fifty-two week low of $20.11 and a fifty-two week high of $39.27. 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 (NYSE:SNDR) last issued its earnings results on Thursday, July 30th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.21 earnings per share. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. Analysts expect that Schneider National will post 1.04 EPS for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 11th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. Schneider National’s dividend payout ratio (DPR) is presently 62.50%.

Insider Buying and Selling

In other news, insider Mark Rourke sold 52,682 shares of Schneider National stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $35.94, for a total value of $1,893,391.08. Following the completion of the transaction, the insider owned 221,522 shares in the company, valued at approximately $7,961,500.68. This trade represents a 19.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.64% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

Large investors have recently added to or reduced their stakes in the company. WINTON GROUP Ltd bought a new position in shares of Schneider National in the 2nd quarter worth about $942,000. Renaissance Technologies LLC boosted its stake in Schneider National by 437.1% in the first quarter. Renaissance Technologies LLC now owns 153,600 shares of the company’s stock valued at $4,049,000 after acquiring an additional 125,000 shares during the period. Edgestream Partners L.P. bought a new position in shares of Schneider National during the first quarter valued at approximately $2,995,000. Quantinno Capital Management LP raised its position in shares of Schneider National by 44.1% during the 1st quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock worth $52,540,000 after purchasing an additional 610,020 shares during the period. Finally, Great Lakes Advisors LLC bought a new stake in shares of Schneider National in the 2nd quarter worth approximately $3,300,000. 28.54% of the stock is currently owned by institutional investors.

About Schneider National

Schneider National, Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, dedicated transportation, intermodal transportation, brokerage, supply chain management and logistics services.

The company serves manufacturers, retailers and other businesses through a range of shipping and distribution solutions. Its services include long-haul and regional freight transportation, dedicated fleets tailored to individual customers, rail-and-truck intermodal shipping, freight brokerage and logistics planning and management.

Founded in 1935 by Al Schneider, the company is headquartered in Green Bay, Wisconsin, and serves customers primarily in the United States, Canada and Mexico.