Janney Montgomery Scott LLC Lowers Stock Holdings in Ryder System, Inc. $R

Janney Montgomery Scott LLC lowered its stake in shares of Ryder System, Inc. (NYSE:R) by 10.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,818 shares of the transportation company’s stock after selling 704 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Ryder System were worth $925,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Belmont Capital LLC lifted its stake in shares of Ryder System by 5.0% during the 1st quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company’s stock worth $250,000 after purchasing an additional 83 shares during the period. Redwood Investment Management LLC increased its holdings in shares of Ryder System by 1.0% during the 1st quarter. Redwood Investment Management LLC now owns 9,186 shares of the transportation company’s stock worth $1,321,000 after buying an additional 94 shares during the last quarter. Ballentine Partners LLC increased its holdings in Ryder System by 6.5% in the 2nd quarter. Ballentine Partners LLC now owns 1,550 shares of the transportation company’s stock valued at $246,000 after purchasing an additional 95 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in Ryder System by 0.9% in the 1st quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the transportation company’s stock valued at $1,697,000 after purchasing an additional 100 shares in the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings in Ryder System by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 6,637 shares of the transportation company’s stock valued at $1,055,000 after purchasing an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on R shares. JPMorgan Chase & Co. upped their price objective 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. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Stephens upped their target price on Ryder System from $150.00 to $190.00 and gave the company an “equal weight” rating in a report on Tuesday, July 29th. Barclays upped their target price on Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Finally, Susquehanna initiated 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 equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $193.22.

Ryder System Trading Up 1.2%

Ryder System stock opened at $181.99 on Wednesday. The company has a 50 day moving average price of $184.84 and a 200 day moving average price of $164.83. Ryder System, Inc. has a 52 week low of $125.54 and a 52 week high of $195.48. 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 firm has a market capitalization of $7.42 billion, a price-to-earnings ratio of 15.48 and a beta of 1.00.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, topping analysts’ consensus estimates of $3.11 by $0.21. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same quarter last year, the business posted $3.00 EPS. The company’s revenue 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. Research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Monday, November 17th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.0%. Ryder System’s dividend payout ratio (DPR) is 30.95%.

Insider Activity at Ryder System

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

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.