Burns Matteson Capital Management LLC Invests $489,000 in Ryder System, Inc. $R

Burns Matteson Capital Management LLC acquired a new position in Ryder System, Inc. (NYSE:R) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,594 shares of the transportation company’s stock, valued at approximately $489,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its stake in Ryder System by 770.0% in 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. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Ryder System by 237.0% in 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 during the last quarter. MAI Capital Management increased its position in shares of Ryder System by 57.6% in the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock worth $30,000 after purchasing an additional 68 shares during the last quarter. Employees Retirement System of Texas purchased a new stake in Ryder System in the second quarter valued at approximately $35,000. Finally, IFP Advisors Inc lifted its position in Ryder System by 103.6% during the second quarter. IFP Advisors Inc now owns 224 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 114 shares during the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on R shares. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Citigroup lifted their price target on Ryder System from $196.00 to $218.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Barclays upped their price objective on Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Finally, Morgan Stanley raised their price objective on Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $205.67.

Ryder System Stock Down 0.7%

Shares of NYSE:R opened at $196.34 on Friday. The stock has a market capitalization of $7.93 billion, a P/E ratio of 16.58 and a beta of 0.97. The stock’s 50-day moving average price is $177.61 and its 200-day moving average price is $177.04. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.35. Ryder System, Inc. has a 12-month low of $125.54 and a 12-month high of $200.53.

Ryder System (NYSE:R) last issued its earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. During the same period in the prior year, the business posted $3.44 EPS. Ryder System’s quarterly revenue was up .1% compared to the same quarter last year. 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, equities analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Monday, November 17th were issued a $0.91 dividend. The ex-dividend date was Monday, November 17th. This represents a $3.64 annualized dividend and a dividend yield of 1.9%. Ryder System’s dividend payout ratio (DPR) is currently 30.74%.

Ryder System Company Profile

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.