IFP Advisors Inc Has $36,000 Stake in Ryder System, Inc. $R

IFP Advisors Inc lifted its stake in shares of Ryder System, Inc. (NYSE:R) by 103.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 224 shares of the transportation company’s stock after acquiring an additional 114 shares during the period. IFP Advisors Inc’s holdings in Ryder System were worth $36,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. State of Alaska Department of Revenue lifted its position in shares of Ryder System by 2.2% during the 1st quarter. State of Alaska Department of Revenue now owns 4,928 shares of the transportation company’s stock valued at $708,000 after acquiring an additional 105 shares during the period. DAVENPORT & Co LLC acquired a new position in Ryder System during the first quarter worth $557,000. GAMMA Investing LLC raised its holdings in Ryder System by 41.8% during the first quarter. GAMMA Investing LLC now owns 1,278 shares of the transportation company’s stock worth $184,000 after buying an additional 377 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. acquired a new position in Ryder System during the first quarter worth $4,721,000. Finally, Voya Investment Management LLC raised its holdings in Ryder System by 34.4% during the first quarter. Voya Investment Management LLC now owns 42,782 shares of the transportation company’s stock worth $6,152,000 after buying an additional 10,957 shares during the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Insider Buying and Selling at Ryder System

In other Ryder System news, CEO Robert E. Sanchez sold 22,063 shares of the stock in a transaction that occurred on 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 in the company, valued at $11,476,248.63. This trade represents a 25.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas M. Havens sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $181.77, for a total transaction of $1,181,505.00. Following the completion of the transaction, the insider owned 32,478 shares in the company, valued at $5,903,526.06. This represents a 16.68% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 41,618 shares of company stock valued at $7,587,997. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Barclays upped their price objective on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Wolfe Research upgraded shares of Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 price objective on the stock in a report on Tuesday, July 1st. Susquehanna assumed coverage on shares of Ryder System in a report on Tuesday, July 15th. They set a “positive” rating and a $215.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. One investment 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 company. According to MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and an average price target of $193.22.

Ryder System Price Performance

NYSE R opened at $184.96 on Wednesday. The company has a market cap of $7.54 billion, a PE ratio of 15.73 and a beta of 1.00. Ryder System, Inc. has a 52 week low of $125.54 and a 52 week high of $195.48. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27. The firm’s 50-day simple moving average is $185.44 and its two-hundred day simple moving average is $166.23.

Ryder System (NYSE:R) last announced its quarterly earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.11 by $0.21. The firm had revenue of $3.19 billion for 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 for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Research analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Announces Dividend

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

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.