Linden Thomas Advisory Services LLC Has $892,000 Stake in Ryder System, Inc. $R

Linden Thomas Advisory Services LLC trimmed its position in Ryder System, Inc. (NYSE:R) by 15.9% in the second quarter, HoldingsChannel.com reports. The firm owned 5,612 shares of the transportation company’s stock after selling 1,060 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Ryder System were worth $892,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of R. Valeo Financial Advisors LLC raised its stake in shares of Ryder System by 51,455.2% in the second 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 in the last quarter. Wellington Management Group LLP raised its stake in Ryder System by 16.2% during the first 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 acquired a new position in Ryder System during the first quarter worth $18,204,000. Allianz Asset Management GmbH raised its stake in Ryder System by 29.0% during the first 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. raised its stake in Ryder System by 609.8% during the first 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.

Analyst Upgrades and Downgrades

R has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on Ryder System from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Susquehanna initiated coverage on Ryder System in a research note on Tuesday, July 15th. They set a “positive” rating and a $215.00 price objective for the company. Barclays increased their price objective on Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Wolfe Research upgraded Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 target price for the company in a research note on Tuesday, July 1st. Finally, JPMorgan Chase & Co. raised their target price on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $195.89.

Insiders Place Their Bets

In related news, SVP Sanford J. Hodes sold 532 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $187.48, for a total value of $99,739.36. Following the transaction, the senior vice president owned 24,452 shares in the company, valued at $4,584,260.96. This trade represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steve W. Martin sold 5,500 shares of the firm’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 completion of the transaction, the executive vice president owned 24,235 shares in the company, valued at approximately $4,531,460.30. This represents a 18.50% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,555 shares of company stock valued at $3,561,721 over the last 90 days. Corporate insiders own 5.20% of the company’s stock.

Ryder System Stock Performance

Shares of NYSE:R opened at $161.16 on Monday. Ryder System, Inc. has a twelve month low of $125.54 and a twelve month high of $195.48. The firm has a market cap of $6.51 billion, a PE ratio of 13.61 and a beta of 1.00. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.02 and a current ratio of 1.02. The business has a fifty day moving average of $184.60 and a 200-day moving average of $167.17.

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, beating analysts’ consensus estimates of $3.56 by $0.01. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.19 billion. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the company posted $3.44 earnings per share. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS. FY 2025 guidance at 12.850-13.050 EPS. On average, equities research analysts predict that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Announces Dividend

The company also recently declared 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 is Monday, November 17th. This represents a $3.64 annualized dividend and a yield of 2.3%. Ryder System’s dividend payout ratio (DPR) is currently 30.74%.

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.