18,529 Shares in Ryder System, Inc. $R Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. bought a new position in shares of Ryder System, Inc. (NYSE:R) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,529 shares of the transportation company’s stock, valued at approximately $3,495,000.

Several other institutional investors and hedge funds also recently bought and sold shares of R. Valeo Financial Advisors LLC increased its holdings in shares of 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 worth $456,097,000 after buying an additional 2,862,970 shares during the last quarter. Norges Bank purchased a new position in Ryder System in the second quarter worth approximately $103,814,000. First Trust Advisors LP grew its position in Ryder System by 21.8% in the second quarter. First Trust Advisors LP now owns 793,527 shares of the transportation company’s stock worth $126,171,000 after acquiring an additional 141,872 shares during the period. Orbis Allan Gray Ltd increased its stake in Ryder System by 15.4% during the second quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after acquiring an additional 134,423 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its position in Ryder System by 294.5% in the second quarter. Treasurer of the State of North Carolina now owns 160,242 shares of the transportation company’s stock valued at $25,478,000 after purchasing an additional 119,618 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Morgan Stanley upped their target price on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Barclays increased their target price on shares of Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Citigroup boosted their price target on shares of Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Finally, Wells Fargo & Company began coverage on shares of Ryder System in a research report on Friday, December 5th. They set an “overweight” rating and a $210.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and a consensus price target of $205.67.

Ryder System Stock Up 0.7%

Shares of NYSE:R opened at $191.43 on Friday. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $200.53. The firm’s 50 day moving average price is $181.49 and its 200 day moving average price is $179.86. 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 stock has a market cap of $7.73 billion, a price-to-earnings ratio of 16.17 and a beta of 0.96.

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

Ryder System 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.