Ryder System, Inc. $R Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its stake in Ryder System, Inc. (NYSE:R) by 32.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,504 shares of the transportation company’s stock after selling 7,319 shares during the quarter. Intech Investment Management LLC’s holdings in Ryder System were worth $2,230,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Focus Partners Wealth boosted its holdings in shares of Ryder System by 7.9% in the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after purchasing an additional 135 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Ryder System in the 1st quarter valued at $396,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in shares of Ryder System in the 1st quarter valued at $4,721,000. Great Lakes Advisors LLC boosted its holdings in shares of Ryder System by 11.2% in the 1st quarter. Great Lakes Advisors LLC now owns 2,148 shares of the transportation company’s stock valued at $309,000 after purchasing an additional 217 shares during the last quarter. Finally, Petrus Trust Company LTA acquired a new position in shares of Ryder System during the 1st quarter valued at $203,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Stock Performance

Ryder System stock opened at $187.68 on Tuesday. Ryder System, Inc. has a 12-month low of $125.54 and a 12-month high of $191.00. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 15.96 and a beta of 0.99. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.82 and a quick ratio of 0.82. The firm’s fifty day moving average price is $180.07 and its 200 day moving average price is $159.00.

Ryder System (NYSE:R) last released its 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 company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.17 billion. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The company’s 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. On average, research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Increases Dividend

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Susquehanna assumed coverage on shares of Ryder System in a report on Tuesday, July 15th. They set a “positive” rating and a $215.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on shares of Ryder System from $165.00 to $173.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. Robert W. Baird lifted their target price on shares of Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a report on Monday, July 28th. Wolfe Research upgraded shares of Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 target price on the stock in a report on Tuesday, July 1st. Finally, Morgan Stanley lifted their target price on shares of Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, July 28th. One equities research 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. According to data from MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and a consensus target price of $186.50.

Insider Buying and Selling

In related news, Director E Follin Smith sold 5,523 shares of the business’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $177.66, for a total transaction of $981,216.18. Following the completion of the sale, the director owned 33,779 shares of the company’s stock, valued at $6,001,177.14. This represents a 14.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas M. Havens sold 6,500 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $181.77, for a total transaction of $1,181,505.00. Following the sale, the insider directly owned 32,478 shares of the company’s stock, valued at approximately $5,903,526.06. This represents a 16.68% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,618 shares of company stock worth $7,587,997. 5.20% of the stock is currently owned by insiders.

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.