Nisa Investment Advisors LLC Purchases 4,152 Shares of Ryder System, Inc. $R

Nisa Investment Advisors LLC grew its position in shares of Ryder System, Inc. (NYSE:RFree Report) by 13.1% during the third quarter, HoldingsChannel.com reports. The firm owned 35,925 shares of the transportation company’s stock after purchasing an additional 4,152 shares during the period. Nisa Investment Advisors LLC’s holdings in Ryder System were worth $6,777,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in R. Hantz Financial Services Inc. raised its holdings in Ryder System by 770.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock valued at $28,000 after buying an additional 154 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Ryder System by 237.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 128 shares during the period. MAI Capital Management raised its stake in shares of Ryder System by 57.6% during the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 68 shares during the last quarter. Employees Retirement System of Texas acquired a new position in shares of Ryder System during the second quarter worth $35,000. Finally, IFP Advisors Inc grew its stake in shares of Ryder System by 103.6% in the second quarter. IFP Advisors Inc now owns 224 shares of the transportation company’s stock worth $36,000 after purchasing an additional 114 shares during the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on R. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. raised their price objective on Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Wells Fargo & Company started coverage on Ryder System in a research note on Friday, December 5th. They issued an “overweight” rating and a $210.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Finally, Wolfe Research restated a “peer perform” rating on shares of Ryder System in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.67.

View Our Latest Analysis on Ryder System

Ryder System Trading Up 0.7%

NYSE R opened at $191.43 on Friday. The stock has a market capitalization of $7.73 billion, a P/E ratio of 16.17 and a beta of 0.96. The business has a 50 day simple moving average of $181.49 and a 200 day simple moving average of $180.02. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.02 and a quick ratio of 1.02. Ryder System, Inc. has a one year low of $125.54 and a one year high of $200.53.

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

About Ryder System

(Free Report)

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.

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Institutional Ownership by Quarter for Ryder System (NYSE:R)

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