American Century Companies Inc. Acquires 11,483 Shares of Ryder System, Inc. $R

American Century Companies Inc. lifted its stake in Ryder System, Inc. (NYSE:R) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 858,254 shares of the transportation company’s stock after purchasing an additional 11,483 shares during the quarter. American Century Companies Inc. owned about 2.10% of Ryder System worth $136,462,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning lifted its position in shares of Ryder System by 0.3% during the second quarter. Creative Planning now owns 26,279 shares of the transportation company’s stock worth $4,178,000 after purchasing an additional 66 shares during the last quarter. MAI Capital Management lifted its position in shares of Ryder System by 57.6% during the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after buying an additional 68 shares during the last quarter. Belmont Capital LLC boosted its stake in Ryder System by 5.0% in the first quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company’s stock valued at $250,000 after acquiring an additional 83 shares in the last quarter. Redwood Investment Management LLC grew its stake in 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. Finally, Ballentine Partners LLC raised its position in shares of 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 during the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

R has been the subject of a number of recent research reports. Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. JPMorgan Chase & Co. increased their price target on shares of Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Robert W. Baird lifted their price objective on Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. Stephens boosted their target price on shares of Ryder System from $150.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Finally, Citigroup initiated coverage on Ryder System in a research report on Monday, September 22nd. They issued a “buy” rating and a $217.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and an average target price of $195.89.

Ryder System Stock Performance

NYSE:R opened at $169.87 on Tuesday. The firm’s fifty day simple moving average is $177.32 and its 200-day simple moving average is $171.60. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.35. The stock has a market cap of $6.86 billion, a PE ratio of 14.35 and a beta of 1.05. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $195.48.

Ryder System (NYSE:R) last released its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.01. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The firm had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter in the previous year, the firm earned $3.44 earnings per share. The firm’s revenue was up .1% on a year-over-year basis. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS. FY 2025 guidance at 12.850-13.050 EPS. Analysts expect that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Monday, November 17th will be issued a $0.91 dividend. The ex-dividend date is Monday, November 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.1%. Ryder System’s dividend payout ratio is currently 30.74%.

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.