Farther Finance Advisors LLC Acquires 501 Shares of Ryder System, Inc. $R

Farther Finance Advisors LLC grew its holdings in shares of Ryder System, Inc. (NYSE:R) by 106.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 971 shares of the transportation company’s stock after purchasing an additional 501 shares during the quarter. Farther Finance Advisors LLC’s holdings in Ryder System were worth $154,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in R. Wellington Management Group LLP boosted its position 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 purchasing an additional 415,103 shares during the period. GAMMA Investing LLC boosted its position in Ryder System by 20,298.3% during the first quarter. GAMMA Investing LLC now owns 183,789 shares of the transportation company’s stock worth $26,431,000 after purchasing an additional 182,888 shares during the period. Nuveen LLC bought a new position in Ryder System during the first quarter worth about $18,204,000. Allianz Asset Management GmbH boosted its position 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 purchasing an additional 68,316 shares during the period. Finally, Bahl & Gaynor Inc. boosted its position 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 purchasing an additional 50,261 shares during the period. Institutional investors own 87.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on R. Barclays lifted their target price on Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday. 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 report on Monday, July 28th. Morgan Stanley lifted their target price on Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Baird R W raised Ryder System to a “strong-buy” rating in a report on Tuesday, July 1st. Finally, Susquehanna began coverage on Ryder System in a report on Tuesday, July 15th. They set a “positive” rating and a $215.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Ryder System currently has an average rating of “Moderate Buy” and a consensus target price of $193.22.

Insider Buying and Selling at Ryder System

In other Ryder System news, EVP Steve W. Martin sold 5,500 shares of the firm’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 transaction of $1,028,390.00. Following the completion of the transaction, the executive vice president owned 24,235 shares in the company, valued at $4,531,460.30. This trade represents a 18.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director E Follin Smith sold 5,523 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 41,618 shares of company stock worth $7,587,997 over the last three months. 5.20% of the stock is owned by company insiders.

Ryder System Stock Up 0.3%

Shares of R opened at $190.60 on Friday. The business’s 50 day moving average is $183.71 and its 200 day moving average is $162.30. The company has a market capitalization of $7.77 billion, a PE ratio of 16.21 and a beta of 1.00. Ryder System, Inc. has a 12-month low of $125.54 and a 12-month high of $191.00. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.27.

Ryder System (NYSE:R) last issued its earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.11 by $0.21. The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.17 billion. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter last year, the company 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. Research analysts expect that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Monday, August 18th were issued a dividend of $0.91 per share. The ex-dividend date was Monday, August 18th. This represents a $3.64 annualized dividend and a yield of 1.9%. This is a boost from Ryder System’s previous quarterly dividend of $0.81. Ryder System’s dividend payout ratio (DPR) is 30.95%.

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.