Hudson Bay Capital Management LP Has $11.54 Million Holdings in Ryder System, Inc. $R

Hudson Bay Capital Management LP grew its position in shares of Ryder System, Inc. (NYSE:R) by 226.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,569 shares of the transportation company’s stock after buying an additional 50,347 shares during the quarter. Hudson Bay Capital Management LP owned approximately 0.18% of Ryder System worth $11,538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP boosted its holdings in shares of Ryder System by 16.2% in the 1st quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company’s stock worth $429,249,000 after acquiring an additional 415,103 shares in the last quarter. Valeo Financial Advisors LLC raised its position in 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. State Street Corp boosted its stake in Ryder System by 0.4% in the second quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after purchasing an additional 7,447 shares in the last quarter. Orbis Allan Gray Ltd boosted its stake in Ryder System by 15.4% in the second quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after purchasing an additional 134,423 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Ryder System by 6.7% during the second quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company’s stock worth $157,111,000 after purchasing an additional 62,313 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 4.2%

Shares of NYSE:R opened at $189.73 on Monday. 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 stock has a market cap of $7.66 billion, a price-to-earnings ratio of 16.02 and a beta of 0.97. The company has a 50 day moving average of $175.60 and a 200-day moving average of $174.30. Ryder System, Inc. has a one year low of $125.54 and a one year high of $200.53.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.56 by $0.01. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $3.19 billion. During the same period last year, the firm earned $3.44 earnings per share. The business’s revenue for the quarter was up .1% on a year-over-year basis. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS and its FY 2025 guidance at 12.850-13.050 EPS. On average, sell-side analysts forecast that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The business also recently disclosed 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. This represents a $3.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, November 17th. Ryder System’s dividend payout ratio is currently 30.74%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on R shares. JPMorgan Chase & Co. lifted their price target on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Wells Fargo & Company initiated coverage on shares of Ryder System in a research report on Friday, December 5th. They set an “overweight” rating and a $210.00 target price on the stock. Citigroup initiated coverage on shares of Ryder System in a research note on Monday, September 22nd. They set a “buy” rating and a $217.00 price target on the stock. Barclays boosted their price objective 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. Finally, Morgan Stanley upped their price objective on Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $205.56.

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.