ProShare Advisors LLC Boosts Stock Holdings in Ryder System, Inc. $R

ProShare Advisors LLC boosted its position in Ryder System, Inc. (NYSE:R) by 30.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 243,507 shares of the transportation company’s stock after purchasing an additional 56,592 shares during the period. ProShare Advisors LLC owned about 0.60% of Ryder System worth $38,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Ryder System during the 1st quarter valued at approximately $4,721,000. Voya Investment Management LLC increased its stake in Ryder System by 34.4% in 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 raised its holdings in Ryder System by 51,455.2% during the second quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock worth $456,097,000 after purchasing an additional 2,862,970 shares during the last quarter. Petrus Trust Company LTA purchased a new stake in Ryder System during the first quarter worth $203,000. Finally, United Services Automobile Association acquired a new stake in Ryder System in the first quarter valued at $396,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Insiders Place Their Bets

In other Ryder System news, insider Thomas M. Havens sold 6,500 shares of Ryder System stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $181.77, for a total value of $1,181,505.00. Following the completion of the sale, the insider owned 32,478 shares in the company, valued at $5,903,526.06. The trade was a 16.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Sanford J. Hodes sold 532 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $187.48, for a total transaction of $99,739.36. Following the transaction, the senior vice president owned 24,452 shares in the company, valued at approximately $4,584,260.96. The trade was a 2.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 12,532 shares of company stock valued at $2,309,634. Insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on R. Morgan Stanley lifted their price target on Ryder System from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Barclays lifted their target price on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Citigroup started coverage on shares of Ryder System in a research report on Monday, September 22nd. They issued a “buy” rating and a $217.00 price target on the stock. Robert W. Baird lifted their price objective on Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Finally, JPMorgan Chase & Co. upped their target price on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $195.89.

Ryder System Stock Performance

Shares of R opened at $169.47 on Tuesday. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $195.48. The company’s 50 day simple moving average is $181.20 and its 200 day simple moving average is $169.69. The company has a market capitalization of $6.84 billion, a price-to-earnings ratio of 14.31 and a beta of 1.05. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.02 and a current ratio of 1.02.

Ryder System (NYSE:R) last issued its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $3.19 billion. During the same period in the previous year, the firm posted $3.44 EPS. Ryder System’s 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, sell-side analysts predict that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Announces Dividend

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