Saia, Inc. $SAIA Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its position in Saia, Inc. (NASDAQ:SAIA) by 1.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 322,397 shares of the transportation company’s stock after selling 3,248 shares during the period. Janus Henderson Group PLC’s holdings in Saia were worth $113,249,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. California State Teachers Retirement System raised its position in Saia by 23.1% during the 1st quarter. California State Teachers Retirement System now owns 30,917 shares of the transportation company’s stock worth $10,861,000 after buying an additional 5,810 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Saia by 14.0% in the 1st quarter. Royal Bank of Canada now owns 55,800 shares of the transportation company’s stock valued at $19,601,000 after acquiring an additional 6,872 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Saia by 0.6% in the 1st quarter. The Manufacturers Life Insurance Company now owns 18,637 shares of the transportation company’s stock valued at $6,547,000 after acquiring an additional 109 shares during the last quarter. Maverick Capital Ltd. purchased a new stake in shares of Saia in the 1st quarter valued at $1,416,000. Finally, Quantinno Capital Management LP increased its stake in shares of Saia by 58.5% in the first quarter. Quantinno Capital Management LP now owns 9,310 shares of the transportation company’s stock worth $3,271,000 after acquiring an additional 3,436 shares during the period.

Saia Stock Performance

SAIA opened at $347.63 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.52. The firm has a fifty day moving average price of $437.65 and a 200 day moving average price of $405.81. Saia, Inc. has a 1 year low of $249.32 and a 1 year high of $494.71. The stock has a market cap of $9.27 billion, a P/E ratio of 33.56, a P/E/G ratio of 1.64 and a beta of 2.13.

Saia (NASDAQ:SAIA) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $3.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.13. The firm had revenue of $956.49 million for the quarter, compared to the consensus estimate of $956.20 million. Saia had a net margin of 8.19% and a return on equity of 10.21%. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.67 earnings per share. Equities research analysts anticipate that Saia, Inc. will post 11.46 earnings per share for the current year.

More Saia News

Here are the key news stories impacting Saia this week:

• Positive Sentiment: Saia reported a solid Q2 2026: diluted EPS rose 31.5% year over year to $3.51, exceeding consensus estimates, while revenue increased 17.1% to a record $956.5 million. Operating income climbed 26% to $125.2 million, and the operating ratio improved to 86.9%. LTL tonnage and shipments per workday increased 8.4% and 4.4%, respectively. Saia Reports Second Quarter Results
• Positive Sentiment: JPMorgan raised its Saia price target to $498 from $490 and maintained an “overweight” rating, signaling confidence in the company’s long-term growth and execution. JPMorgan price target update
• Positive Sentiment: Stifel upgraded SAIA from “hold” to “buy” and assigned a $438 price target, adding to the bullish analyst commentary. Stifel upgrade
• Neutral Sentiment: Stephens lowered its target to $490 from $520 but retained an “overweight” rating. The target remains well above the stock’s recent trading level, although the reduction reflects more cautious expectations.
• Negative Sentiment: Management indicated that Q3’s operating ratio could deteriorate by approximately 100 basis points sequentially. Investors are concerned about a July wage increase, higher diesel, purchased transportation, insurance and workers’ compensation costs, as well as softer shipment growth following a 7.1% general rate increase. Saia Q3 margin outlook
• Negative Sentiment: Wells Fargo cut its price target sharply to $400 from $490 and shifted to an “equal weight” rating, reinforcing concerns about the company’s near-term margin and cost outlook. Wells Fargo price target update
• Negative Sentiment: Reported insider activity shows nine open-market sales and no purchases over the past six months, including sales by senior executives. While not necessarily company-specific, the pattern may add to investor caution.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. TD Cowen reduced their target price on shares of Saia from $445.00 to $400.00 and set a “hold” rating for the company in a report on Friday. BMO Capital Markets increased their price target on Saia from $450.00 to $470.00 and gave the stock a “market perform” rating in a research report on Thursday, June 4th. Weiss Ratings raised Saia from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Evercore upgraded Saia from an “in-line” rating to an “outperform” rating in a research note on Wednesday, July 1st. Finally, Wall Street Zen raised Saia from a “sell” rating to a “hold” rating in a report on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $453.28.

About Saia

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.