Intech Investment Management LLC Sells 7,319 Shares of Ryder System, Inc. $R

Key Points

• Intech Investment Management LLC reduced its stake in Ryder System, Inc. by 32.1%, owning 15,504 shares after selling 7,319 shares during the first quarter.
• Ryder System reported $3.32 earnings per share for the last quarter, exceeding analysts' expectations, with revenue showing a 0.2% year-over-year increase.
• The company announced a quarterly dividend increase to $0.91, marking a 1.9% dividend yield, and set Q3 2025 EPS guidance between 3.450-3.650.

Intech Investment Management LLC lessened its stake in Ryder System, Inc. (NYSE:R - Free Report) by 32.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,504 shares of the transportation company's stock after selling 7,319 shares during the period. Intech Investment Management LLC's holdings in Ryder System were worth $2,230,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wellington Management Group LLP grew its position in Ryder System by 16.2% in the 1st quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company's stock valued at $429,249,000 after buying an additional 415,103 shares in the last quarter. LSV Asset Management boosted its position in shares of Ryder System by 0.3% during the 1st quarter. LSV Asset Management now owns 1,456,453 shares of the transportation company's stock valued at $209,453,000 after purchasing an additional 4,912 shares in the last quarter. Orbis Allan Gray Ltd boosted its position in shares of Ryder System by 0.9% during the 1st quarter. Orbis Allan Gray Ltd now owns 870,959 shares of the transportation company's stock valued at $125,253,000 after purchasing an additional 7,429 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Ryder System by 0.3% during the 1st quarter. American Century Companies Inc. now owns 846,771 shares of the transportation company's stock valued at $121,774,000 after purchasing an additional 2,876 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Ryder System by 5.5% during the 1st quarter. Bank of New York Mellon Corp now owns 527,906 shares of the transportation company's stock valued at $75,918,000 after purchasing an additional 27,632 shares in the last quarter. Institutional investors own 87.47% of the company's stock.

Ryder System Stock Down 1.1%

NYSE:R traded down $1.98 during trading hours on Friday, reaching $183.65. 700,934 shares of the company traded hands, compared to its average volume of 254,037. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $191.00. The business's 50-day moving average price is $181.04 and its two-hundred day moving average price is $159.78. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.27. The stock has a market capitalization of $7.49 billion, a P/E ratio of 15.62 and a beta of 0.99.

Ryder System (NYSE:R - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The transportation company reported $3.32 EPS for the quarter, beating analysts' consensus estimates 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%.Ryder System's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Increases Dividend

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

Insider Transactions at Ryder System

In other Ryder System news, insider Thomas M. Havens sold 6,500 shares of Ryder System stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $181.77, for a total transaction of $1,181,505.00. Following the completion of the sale, the insider owned 32,478 shares of the company's stock, valued at approximately $5,903,526.06. The trade was a 16.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Sanford J. Hodes sold 532 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $187.48, for a total value of $99,739.36. Following the completion of the sale, the senior vice president directly owned 24,452 shares in the company, valued at approximately $4,584,260.96. The trade was a 2.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 41,618 shares of company stock valued at $7,587,997. Company insiders own 5.20% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on R. Baird R W raised shares of Ryder System to a "strong-buy" rating in a research note on Tuesday, July 1st. Wolfe Research raised shares of Ryder System from a "peer perform" rating to an "outperform" rating and set a $159.00 price target for the company in a research report on Tuesday, July 1st. Morgan Stanley raised their price objective on shares of Ryder System from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. JPMorgan Chase & Co. lifted their price target on shares of Ryder System from $165.00 to $173.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. Finally, Susquehanna started coverage on shares of Ryder System in a research note on Tuesday, July 15th. They set a "positive" rating and a $215.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $186.50.

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.