Arrowstreet Capital Limited Partnership Lowers Stock Holdings in Ryder System, Inc. $R

Arrowstreet Capital Limited Partnership lowered its holdings in Ryder System, Inc. (NYSE:R) by 4.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 409,569 shares of the transportation company’s stock after selling 17,740 shares during the period. Arrowstreet Capital Limited Partnership owned 1.00% of Ryder System worth $65,121,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of R. Valeo Financial Advisors LLC raised its holdings in Ryder System by 51,455.2% in the second quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock valued at $456,097,000 after buying an additional 2,862,970 shares during the period. Norges Bank acquired a new position in shares of Ryder System during the 2nd quarter valued at $103,814,000. Wellington Management Group LLP boosted its position in Ryder System by 16.2% during the 1st 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. Nuveen LLC acquired a new stake in Ryder System in the 1st quarter valued at $18,204,000. Finally, Bahl & Gaynor Inc. increased its holdings in Ryder System by 149.0% in the 2nd quarter. Bahl & Gaynor Inc. now owns 145,700 shares of the transportation company’s stock valued at $23,166,000 after purchasing an additional 87,197 shares in the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

R has been the topic of a number of recent research reports. Barclays boosted their target price on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. Citigroup started coverage on Ryder System in a report on Monday, September 22nd. They set a “buy” rating and a $217.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Finally, Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $195.89.

Ryder System Trading Up 0.9%

Ryder System stock opened at $180.02 on Friday. The firm has a market cap of $7.27 billion, a price-to-earnings ratio of 15.20 and a beta of 0.97. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $195.48. The firm’s 50 day moving average price is $175.52 and its two-hundred day moving average price is $172.38. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.02 and a current ratio of 1.02.

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

Ryder System Announces Dividend

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 given 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 yield of 2.0%. Ryder System’s dividend payout ratio is presently 30.74%.

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.