Vontobel Holding Ltd. boosted its stake in shares of Ryder System, Inc. (NYSE:R – Free Report) by 2.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,630 shares of the transportation company’s stock after purchasing an additional 215 shares during the quarter. Vontobel Holding Ltd.’s holdings in Ryder System were worth $1,213,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in R. Valeo Financial Advisors LLC boosted its position in Ryder System by 51,455.2% during 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 period. Wellington Management Group LLP boosted its position in Ryder System by 16.2% during 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 during the period. Nuveen LLC acquired a new position in Ryder System during the 1st quarter worth $18,204,000. Allianz Asset Management GmbH boosted its position in Ryder System by 29.0% during the 1st quarter. Allianz Asset Management GmbH now owns 304,195 shares of the transportation company’s stock worth $43,746,000 after acquiring an additional 68,316 shares during the period. Finally, Bahl & Gaynor Inc. boosted its position in Ryder System by 609.8% during the 1st quarter. Bahl & Gaynor Inc. now owns 58,503 shares of the transportation company’s stock worth $8,413,000 after acquiring an additional 50,261 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.
Insider Buying and Selling at Ryder System
In other news, CFO Cristina Gallo-Aquino sold 1,000 shares of the company’s stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $180.87, for a total transaction of $180,870.00. Following the completion of the sale, the chief financial officer directly owned 26,561 shares of the company’s stock, valued at $4,804,088.07. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Steve W. Martin sold 5,500 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $186.98, for a total value of $1,028,390.00. Following the sale, the executive vice president directly owned 24,235 shares of the company’s stock, valued at approximately $4,531,460.30. This represents a 18.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,618 shares of company stock valued at $7,587,997 over the last 90 days. 5.20% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on R
Ryder System Trading Down 4.3%
Shares of Ryder System stock opened at $176.42 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 15.00 and a beta of 1.00. The business has a fifty day simple moving average of $184.66 and a 200-day simple moving average of $164.44. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $195.48.
Ryder System (NYSE:R – Get Free Report) last announced its earnings results on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, beating the consensus estimate of $3.11 by $0.21. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the prior year, the business posted $3.00 earnings per share. Ryder System’s revenue was up .2% compared to the same quarter last year. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. On average, equities analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.
Ryder System Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders 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 dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, November 17th. Ryder System’s dividend payout ratio is currently 30.95%.
Ryder System Company 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.
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