Community Bank of Raymore reduced its position in Ryder System, Inc. (NYSE:R – Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,837 shares of the transportation company’s stock after selling 726 shares during the period. Ryder System comprises about 2.6% of Community Bank of Raymore’s portfolio, making the stock its 11th biggest holding. Community Bank of Raymore owned about 0.05% of Ryder System worth $3,472,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in R. Valeo Financial Advisors LLC lifted its stake in shares of Ryder System by 51,455.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock valued at $456,097,000 after purchasing an additional 2,862,970 shares during the period. Wellington Management Group LLP increased its holdings in Ryder System by 16.2% in 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 in the last quarter. Nuveen LLC purchased a new stake in Ryder System in the 1st quarter worth $18,204,000. Allianz Asset Management GmbH increased its holdings in Ryder System by 29.0% in 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 in the last quarter. Finally, Bahl & Gaynor Inc. increased its holdings in Ryder System by 609.8% in 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 in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Ryder System
In other Ryder System news, EVP Steve W. Martin sold 5,500 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $186.98, for a total value of $1,028,390.00. Following the transaction, the executive vice president owned 24,235 shares of the company’s stock, valued at $4,531,460.30. This represents a 18.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Sanford J. Hodes sold 532 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $187.48, for a total transaction of $99,739.36. Following the completion of the transaction, the senior vice president directly owned 24,452 shares in the company, valued at $4,584,260.96. The trade was a 2.13% 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 three months. 5.20% of the stock is currently owned by corporate insiders.
Ryder System Trading Down 0.2%
Ryder System (NYSE:R – Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) 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 firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same quarter in the prior year, the firm posted $3.00 earnings per share. Ryder System’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. Sell-side analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current year.
Ryder System Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Monday, November 17th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.0%. Ryder System’s dividend payout ratio is currently 30.95%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Barclays boosted their price target 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. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Wolfe Research raised shares of 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. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. Finally, Robert W. Baird boosted their price target on shares of Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. One 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $193.22.
View Our Latest Stock Analysis on R
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.
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