Ryder System, Inc. $R Shares Acquired by Osaic Holdings Inc.

Osaic Holdings Inc. lifted its stake in shares of Ryder System, Inc. (NYSE:R) by 138.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,282 shares of the transportation company’s stock after acquiring an additional 5,387 shares during the period. Osaic Holdings Inc.’s holdings in Ryder System were worth $1,476,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of R. Creative Planning raised its stake in Ryder System by 0.3% during the second quarter. Creative Planning now owns 26,279 shares of the transportation company’s stock worth $4,178,000 after purchasing an additional 66 shares during the period. MAI Capital Management increased its holdings in shares of Ryder System by 57.6% during the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock worth $30,000 after buying an additional 68 shares during the last quarter. Belmont Capital LLC raised its position in shares of Ryder System by 5.0% during the 1st quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company’s stock valued at $250,000 after buying an additional 83 shares during the period. Ballentine Partners LLC lifted its holdings in Ryder System by 6.5% in the second quarter. Ballentine Partners LLC now owns 1,550 shares of the transportation company’s stock valued at $246,000 after acquiring an additional 95 shares during the last quarter. Finally, Wisconsin Wealth Advisors LLC grew its position in Ryder System by 6.2% in the second quarter. Wisconsin Wealth Advisors LLC now owns 1,739 shares of the transportation company’s stock worth $276,000 after acquiring an additional 101 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 0.6%

Shares of R opened at $192.96 on Wednesday. The company’s 50-day simple moving average is $177.98 and its 200-day simple moving average is $178.03. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.02 and a current ratio of 1.02. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $200.53. The stock has a market capitalization of $7.79 billion, a PE ratio of 16.30 and a beta of 0.97.

Ryder System (NYSE:R) last announced its earnings results 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 firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $3.19 billion. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.44 EPS. 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. Analysts forecast that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Monday, November 17th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Monday, November 17th. Ryder System’s dividend payout ratio (DPR) is presently 30.74%.

Wall Street Analyst Weigh In

R has been the topic of several recent analyst reports. Citigroup upped their price target on Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Morgan Stanley increased their target price on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. Wells Fargo & Company assumed coverage on shares of Ryder System in a research note on Friday, December 5th. They issued an “overweight” rating and a $210.00 price target on the stock. Finally, Barclays upped their price objective on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. One investment 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $205.67.

About Ryder System

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.