UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $32.88 Million Stake in Ryder System, Inc. $R

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Ryder System, Inc. (NYSE:R) by 2.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,638 shares of the transportation company’s stock after buying an additional 3,307 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.33% of Ryder System worth $32,876,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Keating Financial Advisory Services Inc. bought a new position in Ryder System during the 2nd quarter worth approximately $26,000. Cedar Mountain Advisors LLC raised its position in shares of Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after purchasing an additional 115 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Ryder System in the second quarter valued at approximately $30,000. Los Angeles Capital Management LLC bought a new stake in Ryder System in the 4th quarter valued at $31,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares in the last quarter. 87.47% of the stock is owned by institutional investors.

Ryder System Stock Up 1.7%

Ryder System stock opened at $247.22 on Friday. The firm has a market capitalization of $9.48 billion, a PE ratio of 20.12 and a beta of 1.01. The company’s 50-day moving average is $260.61 and its 200-day moving average is $241.04. Ryder System, Inc. has a fifty-two week low of $157.67 and a fifty-two week high of $284.25. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65.

Ryder System (NYSE:R) last issued its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. Ryder System’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the business posted $3.32 EPS. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. Sell-side analysts anticipate that Ryder System, Inc. will post 14.74 earnings per share for the current year.

Ryder System Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be paid a dividend of $1.01 per share. The ex-dividend date is Monday, August 24th. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. This is an increase from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s dividend payout ratio is presently 32.87%.

Wall Street Analyst Weigh In

Several brokerages recently commented on R. Citigroup increased their target price on shares of Ryder System from $280.00 to $283.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Barclays upped their target price on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Monday, August 24th. Susquehanna raised their price target on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Finally, Wall Street Zen upgraded Ryder System from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $294.14.

About Ryder System

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.