Asset Management One Co. Ltd. Takes Position in Ryder System, Inc. $R

Asset Management One Co. Ltd. bought a new position in Ryder System, Inc. (NYSE:R) in the third quarter, according to its most recent filing with the SEC. The firm bought 18,529 shares of the transportation company’s stock, valued at approximately $3,495,000.

Several other large investors also recently bought and sold shares of the stock. Gateway Investment Advisers LLC purchased a new position in shares of Ryder System in the third quarter worth $328,000. Merit Financial Group LLC raised its stake in Ryder System by 16.0% in the 3rd quarter. Merit Financial Group LLC now owns 2,835 shares of the transportation company’s stock worth $535,000 after acquiring an additional 392 shares during the last quarter. Great Diamond Partners LLC lifted its position in Ryder System by 1.5% during the 3rd quarter. Great Diamond Partners LLC now owns 10,898 shares of the transportation company’s stock worth $2,056,000 after acquiring an additional 160 shares during the period. Chesapeake Asset Management LLC grew its stake in Ryder System by 4.3% during the 3rd quarter. Chesapeake Asset Management LLC now owns 20,184 shares of the transportation company’s stock valued at $3,808,000 after purchasing an additional 834 shares during the last quarter. Finally, Burns Matteson Capital Management LLC acquired a new position in shares of Ryder System in the third quarter valued at about $489,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Trading Up 0.7%

R opened at $191.43 on Friday. The firm has a market capitalization of $7.73 billion, a price-to-earnings ratio of 16.17 and a beta of 0.96. The company’s 50 day simple moving average is $181.49 and its two-hundred day simple moving average is $179.86. Ryder System, Inc. has a 1-year low of $125.54 and a 1-year high of $200.53. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.02 and a quick ratio of 1.02.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $3.19 billion. During the same period in the prior year, the business earned $3.44 earnings per share. The business’s revenue was up .1% compared to the same quarter last year. 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. Analysts expect that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on R. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Barclays upped their price objective on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Morgan Stanley increased their price objective on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. Finally, Citigroup boosted their target price on shares of Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.