Amundi Sells 1,251 Shares of Ryder System, Inc. $R

Amundi lessened its holdings in shares of Ryder System, Inc. (NYSE:R) by 10.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,750 shares of the transportation company’s stock after selling 1,251 shares during the period. Amundi’s holdings in Ryder System were worth $1,490,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Ryder System during the 1st quarter valued at about $26,000. TCTC Holdings LLC lifted its holdings in shares of Ryder System by 116.5% during the 1st quarter. TCTC Holdings LLC now owns 223 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 120 shares in the last quarter. Curat Global LLC bought a new position in shares of Ryder System during the 1st quarter valued at about $55,000. Quarry LP bought a new position in shares of Ryder System during the 1st quarter valued at about $60,000. Finally, Headlands Technologies LLC bought a new position in shares of Ryder System during the 1st quarter valued at about $86,000. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 1.1%

NYSE:R opened at $187.52 on Friday. The firm has a market capitalization of $7.65 billion, a price-to-earnings ratio of 15.95 and a beta of 0.99. Ryder System, Inc. has a twelve month low of $125.54 and a twelve month high of $191.00. The stock’s 50 day moving average price is $179.70 and its two-hundred day moving average price is $158.86. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27.

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

Ryder System Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Monday, August 18th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, August 18th. This is a boost from Ryder System’s previous quarterly dividend of $0.81. Ryder System’s payout ratio is presently 30.95%.

Insider Buying and Selling at Ryder System

In related news, insider Thomas M. Havens sold 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $181.77, for a total transaction of $1,181,505.00. Following the transaction, the insider directly owned 32,478 shares of the company’s stock, valued at approximately $5,903,526.06. The trade was a 16.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Steve W. Martin sold 5,500 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $186.98, for a total value of $1,028,390.00. Following the transaction, the executive vice president directly owned 24,235 shares in the company, valued at $4,531,460.30. The trade was a 18.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,618 shares of company stock worth $7,587,997 in the last three months. 5.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

R has been the topic of a number of recent research reports. Robert W. Baird lifted their target price on Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. lifted their target price on Ryder System from $165.00 to $173.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. Baird R W raised Ryder System to a “strong-buy” rating in a research report on Tuesday, July 1st. Susquehanna initiated coverage on Ryder System in a research report on Tuesday, July 15th. They issued a “positive” rating and a $215.00 target price on the stock. Finally, Stephens lifted their target price on Ryder System from $150.00 to $190.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and an average price target of $186.50.

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.