Ryder System, Inc. $R Shares Bought by BW Gestao de Investimentos Ltda.

Key Points

• BW Gestao de Investimentos Ltda. significantly increased its stake in Ryder System, Inc. by 81.1% during the 1st quarter, now holding 75,054 shares valued at approximately $10.8 million.
• Several analysts have raised their price targets for Ryder System, with Morgan Stanley setting it at $190.00, while the consensus price target is now $186.50.
• Ryder System recently announced an increase in its quarterly dividend, raising it from $0.81 to $0.91, with a dividend yield of 1.9%.

BW Gestao de Investimentos Ltda. boosted its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 81.1% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 75,054 shares of the transportation company's stock after acquiring an additional 33,609 shares during the quarter. BW Gestao de Investimentos Ltda. owned about 0.18% of Ryder System worth $10,794,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of R. Invst LLC lifted its holdings in Ryder System by 0.7% in the 4th quarter. Invst LLC now owns 8,315 shares of the transportation company's stock valued at $1,304,000 after purchasing an additional 61 shares in the last quarter. Deutsche Bank AG raised its holdings 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 acquiring an additional 65 shares during the period. Belmont Capital LLC raised its holdings in shares of Ryder System by 5.0% during the 1st quarter. Belmont Capital LLC now owns 1,737 shares of the transportation company's stock worth $250,000 after acquiring an additional 83 shares during the period. Baird Financial Group Inc. raised its holdings 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 acquiring an additional 90 shares during the period. Finally, SummerHaven Investment Management LLC raised its holdings 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 acquiring an additional 90 shares during the period. 87.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

R has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their price target on Ryder System from $165.00 to $173.00 and gave the stock a "neutral" rating in a report on Tuesday, July 8th. Barclays started coverage on Ryder System in a report on Monday, June 9th. They set an "overweight" rating and a $190.00 price target on the stock. Morgan Stanley boosted their price objective on shares of Ryder System from $175.00 to $190.00 and gave the company an "overweight" rating in a report on Monday, July 28th. Baird R W upgraded shares of Ryder System to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Stephens boosted their price objective on shares of Ryder System from $150.00 to $190.00 and gave the company an "equal weight" rating in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $186.50.

Ryder System Price Performance

NYSE:R traded down $1.23 during trading hours on Friday, hitting $187.41. The company's stock had a trading volume of 240,260 shares, compared to its average volume of 254,667. The business's 50-day moving average is $177.80 and its two-hundred day moving average is $157.98. The company has a market capitalization of $7.64 billion, a PE ratio of 15.94 and a beta of 0.99. 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 52-week low of $125.54 and a 52-week high of $191.00.

Ryder System (NYSE:R - Get Free Report) last posted its 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 for the quarter, compared to analyst estimates of $3.17 billion. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.Ryder System's revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. As a group, research analysts anticipate that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Monday, August 18th will be issued a $0.91 dividend. This is a positive change from Ryder System's previous quarterly dividend of $0.81. The ex-dividend date is Monday, August 18th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.9%. Ryder System's dividend payout ratio (DPR) is 30.95%.

Insider Buying and Selling

In related news, EVP Steve W. Martin sold 5,500 shares of the firm's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $186.98, for a total transaction of $1,028,390.00. Following the sale, the executive vice president directly owned 24,235 shares in the company, valued at approximately $4,531,460.30. This trade represents a 18.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Cristina Gallo-Aquino sold 1,000 shares of the firm's 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 sale, the chief financial officer owned 26,561 shares in the company, valued at approximately $4,804,088.07. The trade was a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,618 shares of company stock worth $7,587,997. Corporate insiders own 5.20% of the company's stock.

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.