Strs Ohio Sells 2,252 Shares of Ryder System, Inc. $R

Strs Ohio reduced its stake in Ryder System, Inc. (NYSE:R) by 13.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,983 shares of the transportation company’s stock after selling 2,252 shares during the period. Strs Ohio’s holdings in Ryder System were worth $2,382,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of R. Hantz Financial Services Inc. grew its position in 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 acquiring an additional 154 shares during the last quarter. TCTC Holdings LLC grew its position in Ryder System by 116.5% during the 1st quarter. TCTC Holdings LLC now owns 223 shares of the transportation company’s stock worth $32,000 after acquiring an additional 120 shares during the last quarter. IFP Advisors Inc grew its position in Ryder System by 103.6% during the 2nd quarter. IFP Advisors Inc now owns 224 shares of the transportation company’s stock worth $36,000 after acquiring an additional 114 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in Ryder System during the 2nd quarter worth approximately $37,000. Finally, Geneos Wealth Management Inc. grew its position in Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after acquiring an additional 109 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Robert W. Baird increased their price target on Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Citigroup began coverage on Ryder System in a research report on Monday, September 22nd. They set a “buy” rating and a $217.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Stephens increased their price objective on Ryder System from $150.00 to $190.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. One equities 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $195.89.

Insider Buying and Selling

In related news, EVP Steve W. Martin sold 5,500 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 24,235 shares of the company’s stock, valued at approximately $4,531,460.30. This trade represents a 18.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Sanford J. Hodes sold 532 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $187.48, for a total value of $99,739.36. Following the sale, the senior vice president directly owned 24,452 shares in the company, valued at $4,584,260.96. The trade was a 2.13% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 12,532 shares of company stock valued at $2,309,634. 5.20% of the stock is owned by company insiders.

Ryder System Stock Performance

R stock opened at $168.22 on Tuesday. The business’s fifty day moving average is $183.12 and its 200-day moving average is $168.59. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.35. The company has a market cap of $6.79 billion, a P/E ratio of 14.21 and a beta of 1.00. Ryder System, Inc. has a twelve month low of $125.54 and a twelve month high of $195.48.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.01. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.19 billion. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The firm’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.44 EPS. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS. FY 2025 guidance at 12.850-13.050 EPS. Equities research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Dividend Announcement

The firm 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. This represents a $3.64 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Monday, November 17th. Ryder System’s dividend payout ratio (DPR) is presently 30.74%.

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.