Ryder System, Inc. $R Shares Acquired by Blair William & Co. IL

Blair William & Co. IL grew its position in Ryder System, Inc. (NYSE:R) by 31.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,328 shares of the transportation company’s stock after purchasing an additional 797 shares during the quarter. Blair William & Co. IL’s holdings in Ryder System were worth $529,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Belmont Capital LLC raised its holdings in shares of Ryder System by 5.0% in the 1st quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company’s stock valued at $250,000 after purchasing an additional 83 shares in the last quarter. Redwood Investment Management LLC lifted its position in Ryder System by 1.0% in the first quarter. Redwood Investment Management LLC now owns 9,186 shares of the transportation company’s stock valued at $1,321,000 after acquiring an additional 94 shares during the last quarter. Ballentine Partners LLC boosted its stake 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 in the last quarter. Louisiana State Employees Retirement System boosted its stake in Ryder System by 0.9% in the first quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the transportation company’s stock valued at $1,697,000 after acquiring an additional 100 shares in the last quarter. Finally, SummerHaven Investment Management LLC boosted its stake in Ryder System by 1.6% in the second quarter. SummerHaven Investment Management LLC now owns 6,637 shares of the transportation company’s stock valued at $1,055,000 after acquiring an additional 103 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Robert E. Sanchez sold 22,063 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $182.49, for a total transaction of $4,026,276.87. Following the completion of the transaction, the chief executive officer owned 62,887 shares of the company’s stock, valued at approximately $11,476,248.63. This represents a 25.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $180.87, for a total transaction of $180,870.00. Following the transaction, the chief financial officer directly owned 26,561 shares of the company’s stock, valued at $4,804,088.07. This trade represents a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,618 shares of company stock valued at $7,587,997 in the last ninety days. 5.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Robert W. Baird upped their price objective on shares of Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. JPMorgan Chase & Co. upped their price objective on shares of Ryder System from $165.00 to $173.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, October 8th. Baird R W upgraded shares of Ryder System to a “strong-buy” rating in a research note on Tuesday, July 1st. Finally, Morgan Stanley upped their price objective 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $193.22.

Ryder System Stock Performance

Shares of R opened at $182.28 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.27. The stock has a market cap of $7.44 billion, a P/E ratio of 15.50 and a beta of 1.00. The company has a 50-day moving average of $185.14 and a two-hundred day moving average of $165.47. Ryder System, Inc. has a 12-month low of $125.54 and a 12-month high of $195.48.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 earnings per share for the quarter, beating analysts’ consensus estimates of $3.11 by $0.21. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The business had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same quarter in the previous year, the business posted $3.00 earnings per share. The company’s revenue was up .2% on a year-over-year basis. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. As a group, research analysts predict that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Monday, November 17th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.64 annualized dividend and a yield of 2.0%. Ryder System’s dividend payout ratio is 30.95%.

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.