EMC Capital Management Reduces Stock Position in Ryder System, Inc. $R

EMC Capital Management lowered its position in Ryder System, Inc. (NYSE:R) by 49.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,632 shares of the transportation company’s stock after selling 2,626 shares during the period. Ryder System makes up approximately 0.2% of EMC Capital Management’s investment portfolio, making the stock its 25th largest holding. EMC Capital Management’s holdings in Ryder System were worth $418,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Meiji Yasuda Asset Management Co Ltd. acquired a new position in Ryder System in the first quarter valued at approximately $4,721,000. Voya Investment Management LLC increased its holdings in shares of Ryder System by 34.4% during the 1st quarter. Voya Investment Management LLC now owns 42,782 shares of the transportation company’s stock valued at $6,152,000 after purchasing an additional 10,957 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of Ryder System by 51,455.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock valued at $456,097,000 after purchasing an additional 2,862,970 shares during the period. Petrus Trust Company LTA acquired a new position in shares of Ryder System in the 1st quarter valued at $203,000. Finally, United Services Automobile Association purchased a new stake in Ryder System during the first quarter worth $396,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on R shares. Morgan Stanley raised their price objective on Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Barclays lifted their price target on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Robert W. Baird upped their price objective on shares of Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Stephens increased their price objective on shares of Ryder System from $150.00 to $190.00 and gave the company an “equal weight” rating in a report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and a consensus price target of $195.89.

Insider Buying and Selling at Ryder System

In other news, EVP Steve W. Martin sold 5,500 shares of Ryder System stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $186.98, for a total value of $1,028,390.00. Following the completion of the transaction, the executive vice president owned 24,235 shares in the company, valued at approximately $4,531,460.30. This trade represents a 18.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Sanford J. Hodes sold 532 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $187.48, for a total value of $99,739.36. Following the completion of the transaction, the senior vice president directly owned 24,452 shares in the company, valued at $4,584,260.96. This trade represents a 2.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 5.20% of the company’s stock.

Ryder System Stock Up 0.9%

Shares of NYSE R opened at $166.00 on Wednesday. The company has a market capitalization of $6.70 billion, a P/E ratio of 14.02 and a beta of 1.05. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.02 and a quick ratio of 1.02. The company has a 50 day simple moving average of $178.99 and a 200-day simple moving average of $170.94. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $195.48.

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. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $3.19 billion. During the same period last year, the company earned $3.44 EPS. The company’s quarterly 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. On average, equities research analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The business also recently announced 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 yield of 2.2%. Ryder System’s dividend payout ratio (DPR) is 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.