Retirement Systems of Alabama Has $11.79 Million Position in Ryder System, Inc. $R

Retirement Systems of Alabama grew its holdings in shares of Ryder System, Inc. (NYSE:R) by 44.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,128 shares of the transportation company’s stock after acquiring an additional 22,906 shares during the period. Retirement Systems of Alabama’s holdings in Ryder System were worth $11,786,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of R. Valeo Financial Advisors LLC grew its holdings in Ryder System by 51,455.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock worth $456,097,000 after acquiring an additional 2,862,970 shares during the period. Wellington Management Group LLP grew its holdings in Ryder System by 16.2% during the 1st quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company’s stock worth $429,249,000 after acquiring an additional 415,103 shares during the period. Nuveen LLC acquired a new stake in Ryder System during the 1st quarter worth about $18,204,000. Allianz Asset Management GmbH grew its holdings in Ryder System by 29.0% during the 1st quarter. Allianz Asset Management GmbH now owns 304,195 shares of the transportation company’s stock worth $43,746,000 after acquiring an additional 68,316 shares during the period. Finally, Bahl & Gaynor Inc. grew its holdings in Ryder System by 609.8% during the 1st quarter. Bahl & Gaynor Inc. now owns 58,503 shares of the transportation company’s stock worth $8,413,000 after acquiring an additional 50,261 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Thomas M. Havens sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $181.77, for a total value of $1,181,505.00. Following the transaction, the insider owned 32,478 shares in the company, valued at $5,903,526.06. This trade represents a 16.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steve W. Martin sold 5,500 shares of Ryder System stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $186.98, for a total transaction of $1,028,390.00. Following the transaction, the executive vice president directly owned 24,235 shares in the company, valued at approximately $4,531,460.30. This represents a 18.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,532 shares of company stock worth $2,309,634 over the last 90 days. 5.20% of the stock is currently owned by corporate insiders.

Ryder System Stock Performance

Shares of Ryder System stock opened at $169.62 on Friday. Ryder System, Inc. has a 52 week low of $125.54 and a 52 week high of $195.48. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.35. The business has a 50 day moving average price of $183.43 and a 200-day moving average price of $168.17. The company has a market cap of $6.85 billion, a PE ratio of 14.33 and a beta of 1.00.

Ryder System (NYSE:R) last posted its earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.19 billion. During the same quarter last year, the company earned $3.44 earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS. FY 2025 guidance at 12.850-13.050 EPS. Equities analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Monday, November 17th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, November 17th. Ryder System’s dividend payout ratio (DPR) is currently 30.74%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on R. Stephens increased their price objective 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. JPMorgan Chase & Co. increased their price objective on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Susquehanna began coverage on shares of Ryder System in a research report on Tuesday, July 15th. They set a “positive” rating and a $215.00 price objective on the stock. Finally, Morgan Stanley increased their price objective on shares of Ryder System from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Ryder System currently 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.