Beverly Hills Private Wealth LLC Reduces Position in Ryder System, Inc. $R

Beverly Hills Private Wealth LLC lessened its position in shares of Ryder System, Inc. (NYSE:R) by 8.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,393 shares of the transportation company’s stock after selling 300 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Ryder System were worth $539,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its stake 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 buying an additional 415,103 shares during the last quarter. Valeo Financial Advisors LLC grew 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 last quarter. LSV Asset Management grew its stake in shares of Ryder System by 0.3% in the 1st quarter. LSV Asset Management now owns 1,456,453 shares of the transportation company’s stock valued at $209,453,000 after purchasing an additional 4,912 shares during the last quarter. Orbis Allan Gray Ltd grew its stake in shares of Ryder System by 0.9% in the 1st quarter. Orbis Allan Gray Ltd now owns 870,959 shares of the transportation company’s stock valued at $125,253,000 after purchasing an additional 7,429 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Ryder System by 0.3% in the 1st quarter. American Century Companies Inc. now owns 846,771 shares of the transportation company’s stock valued at $121,774,000 after purchasing an additional 2,876 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analyst Weigh In

R has been the topic of several analyst reports. Susquehanna initiated coverage on Ryder System in a research note on Tuesday, July 15th. They issued a “positive” rating and a $215.00 target price on the stock. Morgan Stanley raised their price target on Ryder System from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Wolfe Research raised Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 price objective for the company in a report on Tuesday, July 1st. Stephens lifted their price objective on Ryder System from $150.00 to $190.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th. Finally, Citigroup began coverage on Ryder System in a report on Monday, September 22nd. They set a “buy” rating and a $217.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $193.22.

Ryder System Stock Performance

NYSE R opened at $183.37 on Tuesday. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $195.48. The stock has a market cap of $7.48 billion, a price-to-earnings ratio of 15.59 and a beta of 1.00. The business has a fifty day moving average of $185.33 and a 200-day moving average of $166.09. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share for the quarter, topping analysts’ consensus estimates of $3.11 by $0.21. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the previous year, the firm posted $3.00 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. As a group, analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Monday, November 17th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, November 17th. Ryder System’s payout ratio is 30.95%.

Insider Buying and Selling

In other news, EVP Steve W. Martin sold 5,500 shares of the business’s stock in a transaction on 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 directly owned 24,235 shares of the company’s stock, valued at $4,531,460.30. The trade was a 18.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Robert E. Sanchez sold 22,063 shares of Ryder System stock in a transaction on Monday, July 28th. The shares were sold at an average price of $182.49, for a total value of $4,026,276.87. Following the completion of the sale, the chief executive officer directly owned 62,887 shares of the company’s stock, valued at approximately $11,476,248.63. This represents a 25.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 41,618 shares of company stock valued at $7,587,997. Company insiders own 5.20% of the company’s stock.

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.