UMB Bank n.a. Sells 83 Shares of Ryder System, Inc. $R

UMB Bank n.a. reduced its holdings in shares of Ryder System, Inc. (NYSE:R) by 11.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 637 shares of the transportation company’s stock after selling 83 shares during the quarter. UMB Bank n.a.’s holdings in Ryder System were worth $101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Ryder System in the first quarter worth approximately $26,000. TCTC Holdings LLC grew its position in Ryder System by 116.5% in the 1st quarter. TCTC Holdings LLC now owns 223 shares of the transportation company’s stock worth $32,000 after purchasing an additional 120 shares during the period. Geneos Wealth Management Inc. grew its position in Ryder System by 61.2% in the 1st 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. Curat Global LLC purchased a new stake in Ryder System during the 1st quarter valued at $55,000. Finally, Quarry LP purchased a new position in shares of Ryder System in the 1st quarter worth $60,000. 87.47% of the stock is currently owned by institutional investors.

Insider Transactions at Ryder System

In other Ryder System news, Director E Follin Smith sold 5,523 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $177.66, for a total value of $981,216.18. Following the sale, the director owned 33,779 shares in the company, valued at $6,001,177.14. The trade was a 14.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert E. Sanchez sold 22,063 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $182.49, for a total transaction of $4,026,276.87. Following the transaction, the chief executive officer directly owned 62,887 shares of the company’s stock, valued at $11,476,248.63. This trade represents a 25.97% 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 valued at $7,587,997. 5.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Baird R W raised Ryder System to a “strong-buy” rating in a report on Tuesday, July 1st. JPMorgan Chase & Co. boosted their target price on shares of Ryder System from $165.00 to $173.00 and gave the company a “neutral” rating in a research report on Tuesday, July 8th. Morgan Stanley increased their price target on shares of Ryder System from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Susquehanna started coverage on shares of Ryder System in a research report on Tuesday, July 15th. They set a “positive” rating and a $215.00 price objective for the company. Finally, Robert W. Baird raised their target price on Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Ryder System currently has an average rating of “Moderate Buy” and an average price target of $189.89.

Ryder System Trading Down 1.1%

Shares of Ryder System stock opened at $184.66 on Thursday. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $191.00. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $7.53 billion, a P/E ratio of 15.70 and a beta of 0.99. The company has a fifty day moving average of $181.76 and a 200 day moving average of $160.43.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.11 by $0.21. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations 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 period last year, the firm earned $3.00 earnings per share. 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, sell-side analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Monday, August 18th were given a dividend of $0.91 per share. The ex-dividend date was Monday, August 18th. This is an increase from Ryder System’s previous quarterly dividend of $0.81. This represents a $3.64 annualized dividend and a dividend yield of 2.0%. Ryder System’s dividend payout ratio (DPR) is 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.