Ryder System, Inc. $R Shares Acquired by Osaic Holdings Inc.

by · The Cerbat Gem

Osaic Holdings Inc. increased its position in shares of Ryder System, Inc. (NYSE:R – Free Report) by 138.3% during the second quarter, Holdings Channel reports. The institutional investor owned 9,282 shares of the transportation company’s stock after buying an additional 5,387 shares during the quarter. Osaic Holdings Inc.’s holdings in Ryder System were worth $1,476,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its holdings 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 in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew 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 worth $29,000 after purchasing an additional 128 shares in the last quarter. MAI Capital Management increased its holdings in Ryder System by 57.6% in the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after buying an additional 68 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Ryder System in the second quarter valued at $35,000. Finally, IFP Advisors Inc lifted its holdings 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 buying an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Analyst Upgrades and Downgrades

R has been the topic of a number of recent analyst reports. Citigroup increased their price objective on Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a report on Friday, December 19th. Morgan Stanley increased their price target on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. JPMorgan Chase & Co. boosted their price objective on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Barclays upped their target price on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.67.

Check Out Our Latest Stock Report on R

Ryder System Stock Performance

Shares of Ryder System stock opened at $192.96 on Wednesday. The firm’s fifty day simple moving average is $177.98 and its 200-day simple moving average is $178.03. The stock has a market capitalization of $7.79 billion, a price-to-earnings ratio of 16.30 and a beta of 0.97. Ryder System, Inc. has a 12 month low of $125.54 and a 12 month high of $200.53. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.02 and a quick ratio of 1.02.

Ryder System (NYSE:R – Get Free Report) last issued its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.01. The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. Ryder System’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.44 EPS. 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. As a group, equities 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 was paid on Friday, December 19th. Investors of record on Monday, November 17th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, November 17th. Ryder System’s payout ratio is 30.74%.

Ryder System Company Profile

(Free Report)

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.

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