Burns Matteson Capital Management LLC Makes New Investment in Ryder System, Inc. $R

Burns Matteson Capital Management LLC bought a new position in shares of Ryder System, Inc. (NYSE:R) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,594 shares of the transportation company’s stock, valued at approximately $489,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GAMMA Investing LLC increased its position in shares of Ryder System by 4.7% during the third quarter. GAMMA Investing LLC now owns 1,368 shares of the transportation company’s stock valued at $258,000 after acquiring an additional 62 shares during the last quarter. Creative Planning increased its position in shares of Ryder System by 0.3% during the 2nd quarter. Creative Planning now owns 26,279 shares of the transportation company’s stock valued at $4,178,000 after purchasing an additional 66 shares during the last quarter. MAI Capital Management increased its position in shares of Ryder System by 57.6% during the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 68 shares during the last quarter. Belmont Capital LLC raised 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. Finally, Ballentine Partners LLC boosted its holdings 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 worth $246,000 after buying an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 0.7%

Ryder System stock opened at $196.34 on Friday. The firm has a 50 day simple moving average of $177.61 and a 200 day simple moving average of $177.04. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.35. Ryder System, Inc. has a 1-year low of $125.54 and a 1-year high of $200.53. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 16.58 and a beta of 0.97.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.01. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $3.19 billion. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The firm’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm 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, analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Monday, November 17th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.64 annualized dividend and a yield of 1.9%. Ryder System’s payout ratio is currently 30.74%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Morgan Stanley increased their target price on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Wells Fargo & Company initiated coverage on shares of Ryder System in a report on Friday, December 5th. They issued an “overweight” rating and a $210.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday, October 8th. 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 given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $205.67.

Ryder System Company Profile

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.