Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Ryder System, Inc. (NYSE:R – Free Report) by 0.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 108,030 shares of the transportation company’s stock after acquiring an additional 748 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.26% of Ryder System worth $17,177,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the stock. New York State Common Retirement Fund raised its stake in Ryder System by 7.4% in the 1st quarter. New York State Common Retirement Fund now owns 28,963 shares of the transportation company’s stock valued at $4,165,000 after purchasing an additional 2,000 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of Ryder System by 4.6% during the 1st quarter. Kestra Private Wealth Services LLC now owns 2,524 shares of the transportation company’s stock worth $363,000 after purchasing an additional 110 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Ryder System by 60.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 24,010 shares of the transportation company’s stock worth $3,454,000 after buying an additional 9,001 shares in the last quarter. Allianz Asset Management GmbH raised its position in shares of Ryder System by 29.0% in the first quarter. Allianz Asset Management GmbH now owns 304,195 shares of the transportation company’s stock valued at $43,746,000 after buying an additional 68,316 shares during the last quarter. Finally, AE Wealth Management LLC lifted its stake in shares of Ryder System by 12.7% during the first quarter. AE Wealth Management LLC now owns 119,124 shares of the transportation company’s stock valued at $17,132,000 after buying an additional 13,389 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on R shares. JPMorgan Chase & Co. lifted their target price on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Morgan Stanley lifted their price objective on Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Citigroup began coverage on Ryder System in a research report on Monday, September 22nd. They set a “buy” rating and a $217.00 target price on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $195.89.
Insider Activity at Ryder System
In related news, EVP Steve W. Martin sold 5,500 shares of Ryder System stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $186.98, for a total transaction of $1,028,390.00. Following the transaction, the executive vice president owned 24,235 shares in the company, valued at approximately $4,531,460.30. The trade was a 18.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Sanford J. Hodes sold 532 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $187.48, for a total transaction of $99,739.36. Following the sale, the senior vice president directly owned 24,452 shares of the company’s stock, valued at approximately $4,584,260.96. This trade represents a 2.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by insiders.
Ryder System Price Performance
R stock opened at $166.00 on Wednesday. The company has a market cap of $6.70 billion, a PE ratio of 14.02 and a beta of 1.05. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.35. The stock has a 50-day moving average price of $178.99 and a two-hundred day moving average price of $170.94. Ryder System, Inc. has a 12-month low of $125.54 and a 12-month high of $195.48.
Ryder System (NYSE:R – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $3.19 billion. During the same period in the previous year, the company posted $3.44 EPS. The company’s revenue was up .1% compared to the same quarter last year. 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, research analysts predict that Ryder System, Inc. will post 13.68 EPS for the current year.
Ryder System Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Monday, November 17th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, November 17th. Ryder System’s payout ratio is 30.74%.
About Ryder System
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.
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