denkapparat Operations GmbH boosted its holdings in Ryder System, Inc. (NYSE:R – Free Report) by 60.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,184 shares of the transportation company’s stock after acquiring an additional 1,584 shares during the quarter. denkapparat Operations GmbH’s holdings in Ryder System were worth $665,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its stake in shares of Ryder System by 770.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after buying an additional 154 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Ryder System by 237.0% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock valued at $29,000 after buying an additional 128 shares during the period. TCTC Holdings LLC boosted its holdings in shares of Ryder System by 116.5% during the first quarter. TCTC Holdings LLC now owns 223 shares of the transportation company’s stock worth $32,000 after purchasing an additional 120 shares during the last quarter. IFP Advisors Inc boosted its stake in Ryder System by 103.6% in the 2nd quarter. IFP Advisors Inc now owns 224 shares of the transportation company’s stock worth $36,000 after buying an additional 114 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Ryder System in the second quarter worth approximately $37,000. 87.47% of the stock is owned by hedge funds and other institutional investors.
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 transaction, the executive vice president directly owned 24,235 shares in the company, valued at approximately $4,531,460.30. The trade was a 18.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Sanford J. Hodes sold 532 shares of the business’s stock in a transaction on 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 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 disclosure for this sale is available in the SEC filing. Company insiders own 5.20% of the company’s stock.
Ryder System Price Performance
Ryder System (NYSE:R – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 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 analyst estimates of $3.19 billion. During the same period last year, the company posted $3.44 EPS. The business’s quarterly 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. FY 2025 guidance at 12.850-13.050 EPS. On average, analysts forecast that Ryder System, Inc. will post 13.68 earnings per share for the current year.
Ryder System Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Monday, November 17th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, November 17th. Ryder System’s dividend payout ratio (DPR) is 30.74%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Susquehanna started coverage on Ryder System in a research note on Tuesday, July 15th. They issued a “positive” rating and a $215.00 price objective on the stock. 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 research report on Thursday, October 2nd. Citigroup assumed coverage on shares of Ryder System in a research report on Monday, September 22nd. They set a “buy” rating and a $217.00 price target for the company. JPMorgan Chase & Co. boosted their price objective on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Finally, Robert W. Baird boosted their target price on shares of Ryder System from $186.00 to $192.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $195.89.
Read Our Latest Stock Analysis on Ryder System
About Ryder System
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.
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