Charles Schwab Investment Management Inc. Has $53.99 Million Stock Position in Ryder System, Inc. $R

Key Points

• Charles Schwab Investment Management Inc. has decreased its stake in Ryder System, Inc. by 3.9%, selling 15,427 shares and now holding approximately 375,416 shares valued at $53,989,000.
• Ryder System recently reported a quarterly earnings per share (EPS) of $3.32, beating analyst expectations and showing a 0.2% year-over-year revenue increase to $3.19 billion.
• The company declared a quarterly dividend of $0.91, marking an increase from the previous dividend of $0.81, with a 2% annual yield for shareholders.

Charles Schwab Investment Management Inc. trimmed its position in Ryder System, Inc. (NYSE:R - Free Report) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 375,416 shares of the transportation company's stock after selling 15,427 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.91% of Ryder System worth $53,989,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Invst LLC lifted its position in shares of Ryder System by 0.7% during the 4th quarter. Invst LLC now owns 8,315 shares of the transportation company's stock valued at $1,304,000 after acquiring an additional 61 shares during the period. Deutsche Bank AG lifted its position in shares of Ryder System by 1.6% during the 4th quarter. Deutsche Bank AG now owns 4,136 shares of the transportation company's stock worth $649,000 after buying an additional 65 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of Ryder System by 0.9% during the 4th quarter. Baird Financial Group Inc. now owns 9,826 shares of the transportation company's stock worth $1,541,000 after buying an additional 90 shares during the last quarter. SummerHaven Investment Management LLC lifted its position in shares of Ryder System by 1.4% during the 1st quarter. SummerHaven Investment Management LLC now owns 6,534 shares of the transportation company's stock worth $940,000 after buying an additional 90 shares during the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in shares of Ryder System by 0.9% during the 1st quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the transportation company's stock worth $1,697,000 after buying an additional 100 shares during the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Robert E. Sanchez sold 22,063 shares of the stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $182.49, for a total value of $4,026,276.87. Following the completion of the sale, the chief executive officer owned 62,887 shares of the company's stock, valued at approximately $11,476,248.63. This represents a 25.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $180.87, for a total value 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 approximately $4,804,088.07. The trade was a 3.63% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,586 shares of company stock worth $6,459,868. Corporate insiders own 5.20% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on R shares. JPMorgan Chase & Co. upped their price objective on Ryder System from $165.00 to $173.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 8th. Robert W. Baird upped their price objective on Ryder System from $186.00 to $192.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Wolfe Research upgraded Ryder System from a "peer perform" rating to an "outperform" rating and set a $159.00 price objective for the company in a research report on Tuesday, July 1st. Baird R W upgraded Ryder System to a "strong-buy" rating in a research report on Tuesday, July 1st. Finally, Susquehanna began coverage on Ryder System in a research report on Tuesday, July 15th. They set a "positive" rating and a $215.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $186.50.

Ryder System Trading Down 1.3%

Shares of R stock traded down $2.38 on Wednesday, hitting $178.88. The company had a trading volume of 233,706 shares, compared to its average volume of 389,724. The firm has a market cap of $7.30 billion, a P/E ratio of 15.21 and a beta of 1.00. The stock's 50-day moving average is $169.80 and its two-hundred day moving average is $155.94. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.82 and a current ratio of 0.82. Ryder System, Inc. has a twelve month low of $125.54 and a twelve month high of $184.76.

Ryder System (NYSE:R - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.11 by $0.21. The company had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $3.17 billion. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The business's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.00 earnings per share. 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 research analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Monday, August 18th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Monday, August 18th. This is a positive change from Ryder System's previous quarterly dividend of $0.81. This represents a $3.64 annualized dividend and a dividend yield of 2.0%. Ryder System's payout ratio is currently 30.95%.

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.