Blue Trust Inc. Boosts Holdings in Ryder System, Inc. $R

Blue Trust Inc. increased its stake in shares of Ryder System, Inc. (NYSE:R) by 10.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,207 shares of the transportation company’s stock after buying an additional 584 shares during the period. Blue Trust Inc.’s holdings in Ryder System were worth $987,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Belmont Capital LLC increased its holdings in Ryder System by 5.0% during the first quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company’s stock worth $250,000 after buying an additional 83 shares during the last quarter. Redwood Investment Management LLC increased its holdings in Ryder System by 1.0% during the first quarter. Redwood Investment Management LLC now owns 9,186 shares of the transportation company’s stock worth $1,321,000 after buying an additional 94 shares during the last quarter. Ballentine Partners LLC increased its holdings in Ryder System by 6.5% during the second 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. Louisiana State Employees Retirement System increased its holdings in Ryder System by 0.9% during the first quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the transportation company’s stock worth $1,697,000 after buying an additional 100 shares during the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings in Ryder System by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 6,637 shares of the transportation company’s stock worth $1,055,000 after buying an additional 103 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Price Performance

Shares of NYSE:R opened at $176.42 on Friday. The company has a 50 day moving average of $184.66 and a 200 day moving average of $164.30. The stock has a market cap of $7.20 billion, a P/E ratio of 15.00 and a beta of 1.00. Ryder System, Inc. has a 12 month low of $125.54 and a 12 month high of $195.48. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.27.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, beating the consensus estimate of $3.11 by $0.21. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.17 billion. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. Ryder System’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.00 earnings per share. 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, sell-side analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Monday, November 17th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.64 annualized dividend and a yield of 2.1%. Ryder System’s payout ratio is currently 30.95%.

Insider Activity at Ryder System

In related news, Director E Follin Smith sold 5,523 shares of the business’s stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $177.66, for a total transaction of $981,216.18. Following the completion of the transaction, the director owned 33,779 shares of the company’s stock, valued at approximately $6,001,177.14. The trade was a 14.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Steve W. Martin sold 5,500 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $186.98, for a total transaction 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 approximately $4,531,460.30. This represents a 18.50% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,618 shares of company stock valued at $7,587,997 in the last quarter. 5.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

R has been the subject of a number of research analyst reports. Barclays raised their price objective on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Susquehanna initiated coverage on shares of Ryder System in a research note on Tuesday, July 15th. They issued a “positive” rating and a $215.00 target price for the company. Wolfe Research upgraded shares of Ryder System from a “peer perform” rating to an “outperform” rating and set a $159.00 target price for the company in a research note on Tuesday, July 1st. JPMorgan Chase & Co. lifted their target price on shares of Ryder System from $165.00 to $173.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 8th. Finally, Stephens lifted their target price on shares of Ryder System from $150.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. One research 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 data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.22.

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.