Intech Investment Management LLC Has $1.99 Million Stock Position in Ryder System, Inc. $R

Intech Investment Management LLC lessened its stake in Ryder System, Inc. (NYSE:R) by 19.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,511 shares of the transportation company’s stock after selling 2,993 shares during the quarter. Intech Investment Management LLC’s holdings in Ryder System were worth $1,989,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in R. Valeo Financial Advisors LLC boosted its stake in Ryder System by 51,455.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock worth $456,097,000 after purchasing an additional 2,862,970 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Ryder System by 16.2% in the first quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company’s stock valued at $429,249,000 after purchasing an additional 415,103 shares in the last quarter. Nuveen LLC acquired a new position in shares of Ryder System during the first quarter worth about $18,204,000. ProShare Advisors LLC grew its holdings in shares of Ryder System by 30.3% during the second quarter. ProShare Advisors LLC now owns 243,507 shares of the transportation company’s stock worth $38,718,000 after buying an additional 56,592 shares in the last quarter. Finally, Bahl & Gaynor Inc. raised its position in Ryder System by 609.8% in the 1st quarter. Bahl & Gaynor Inc. now owns 58,503 shares of the transportation company’s stock valued at $8,413,000 after buying an additional 50,261 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Performance

Shares of R stock opened at $168.30 on Friday. The stock has a market cap of $6.80 billion, a P/E ratio of 14.21 and a beta of 1.05. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.02 and a quick ratio of 1.02. The company has a fifty day moving average price of $177.67 and a two-hundred day moving average price of $171.03. Ryder System, Inc. has a one year low of $125.54 and a one year high of $195.48.

Ryder System (NYSE:R) last released its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.01. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $3.19 billion. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. Ryder System’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.44 EPS. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS. FY 2025 guidance at 12.850-13.050 EPS. As a group, equities analysts predict that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Monday, November 17th will be paid a $0.91 dividend. The ex-dividend date is Monday, November 17th. This represents a $3.64 annualized dividend and a yield of 2.2%. Ryder System’s dividend payout ratio is currently 30.74%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on R shares. Barclays upped their price target on Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Morgan Stanley lifted their price target on shares of Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Stephens boosted their price target on shares of Ryder System from $150.00 to $190.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.89.

Ryder System Company Profile

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.