New York State Teachers Retirement System Has $7.73 Million Stock Position in Ryder System, Inc. $R

New York State Teachers Retirement System lowered its stake in Ryder System, Inc. (NYSE:R) by 0.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,632 shares of the transportation company’s stock after selling 100 shares during the quarter. New York State Teachers Retirement System owned approximately 0.12% of Ryder System worth $7,732,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of R. TCTC Holdings LLC increased its position in shares of Ryder System by 116.5% in the first quarter. TCTC Holdings LLC now owns 223 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 120 shares during the last quarter. IFP Advisors Inc increased its position 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 valued at $36,000 after acquiring an additional 114 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in Ryder System during the second quarter worth about $37,000. Geneos Wealth Management Inc. grew its holdings in Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares during the period. Finally, Quarry LP bought a new position in Ryder System during the first quarter worth about $60,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Insider Buying and Selling

In other news, SVP Sanford J. Hodes sold 532 shares of Ryder System stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $187.48, for a total value of $99,739.36. Following the completion of the sale, the senior vice president directly owned 24,452 shares in the company, valued at approximately $4,584,260.96. The trade was a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of Ryder System stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $180.87, for a total transaction of $180,870.00. Following the completion of the sale, the chief financial officer owned 26,561 shares of the company’s stock, valued at approximately $4,804,088.07. The trade was a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,618 shares of company stock valued at $7,587,997 in the last quarter. Corporate insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on R. Stephens lifted their price target on Ryder System from $150.00 to $190.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th. Morgan Stanley lifted their price target on Ryder System from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Wolfe Research upgraded Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 price target for the company in a report on Tuesday, July 1st. Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $165.00 to $173.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 8th. One equities research 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $193.22.

Ryder System Trading Down 0.2%

Shares of R stock opened at $182.28 on Monday. The firm has a 50 day moving average price of $185.14 and a two-hundred day moving average price of $165.75. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27. The company has a market capitalization of $7.44 billion, a PE ratio of 15.50 and a beta of 1.00. Ryder System, Inc. has a 12-month low of $125.54 and a 12-month high of $195.48.

Ryder System (NYSE:R) last released its quarterly earnings results 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 company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the previous year, the business earned $3.00 earnings per share. The firm’s quarterly 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, analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Announces Dividend

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

Ryder System 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.