Signaturefd LLC Buys 148 Shares of Ryder System, Inc. $R

Signaturefd LLC lifted its stake in shares of Ryder System, Inc. (NYSE:R) by 25.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 739 shares of the transportation company’s stock after acquiring an additional 148 shares during the quarter. Signaturefd LLC’s holdings in Ryder System were worth $118,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Ryder System in the first quarter worth $26,000. TCTC Holdings LLC boosted its holdings 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 buying an additional 120 shares during the period. Geneos Wealth Management Inc. increased its stake 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 buying an additional 109 shares in the last quarter. Curat Global LLC bought a new stake in Ryder System during the first quarter valued at about $55,000. Finally, Quarry LP bought a new stake in Ryder System during the first quarter valued at about $60,000. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Up 1.4%

Shares of NYSE R opened at $193.20 on Friday. 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, Inc. has a 12-month low of $125.54 and a 12-month high of $195.17. The firm’s 50-day moving average price is $183.92 and its 200-day moving average price is $162.83. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 16.43 and a beta of 1.00.

Ryder System (NYSE:R) last issued its quarterly earnings data 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. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the previous year, the firm posted $3.00 earnings per share. The firm’s revenue for the quarter was up .2% on a year-over-year basis. 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, equities research analysts anticipate that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Monday, August 18th were given a $0.91 dividend. This is a boost from Ryder System’s previous quarterly dividend of $0.81. This represents a $3.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, August 18th. Ryder System’s dividend payout ratio is 30.95%.

Insider Buying and Selling

In related news, insider Thomas M. Havens sold 6,500 shares of the company’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 transaction, the insider directly owned 32,478 shares in the company, valued at approximately $5,903,526.06. This represents a 16.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $180.87, for a total transaction of $180,870.00. Following the completion of the sale, the chief financial officer directly owned 26,561 shares of the company’s stock, valued at approximately $4,804,088.07. The trade was a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,618 shares of company stock valued at $7,587,997 over the last 90 days. 5.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the company. 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 report on Tuesday, July 1st. Morgan Stanley increased their price objective 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. JPMorgan Chase & Co. upped their target price on shares of Ryder System from $165.00 to $173.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 8th. Susquehanna assumed coverage on shares of Ryder System in a research note on Tuesday, July 15th. They set a “positive” rating and a $215.00 target price for the company. Finally, Barclays lifted their price target on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.22.

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.