Ryder System (NYSE:R) Insider Thomas M. Havens Sells 6,500 Shares

Key Points

• Thomas M. Havens, an insider at Ryder System, sold 6,500 shares of the company's stock for a total value of $1,181,505, decreasing their ownership by 16.68%.
• Ryder System recently declared a quarterly dividend of $0.91 per share, up from $0.81, representing a 2.0% yield on an annualized basis.
• Research analysts have a generally favorable outlook on Ryder System, with an average rating of "Moderate Buy" and a target price of $186.50.

Ryder System, Inc. (NYSE:R - Get Free Report) insider Thomas M. Havens sold 6,500 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $181.77, for a total value of $1,181,505.00. Following the completion of the sale, the insider owned 32,478 shares in the company, valued at approximately $5,903,526.06. This represents a 16.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Ryder System Stock Performance

Shares of NYSE:R traded down $2.38 during trading on Wednesday, hitting $178.88. 233,706 shares of the stock traded hands, compared to its average volume of 389,724. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27. The company has a fifty day moving average price of $169.80 and a two-hundred day moving average price of $155.94. Ryder System, Inc. has a 52-week low of $125.54 and a 52-week high of $184.76. The company has a market cap of $7.30 billion, a price-to-earnings ratio of 15.21 and a beta of 1.00.

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

Ryder System Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Monday, August 18th will be paid a $0.91 dividend. The ex-dividend date is Monday, August 18th. This represents a $3.64 annualized dividend and a dividend yield of 2.0%. This is a boost from Ryder System's previous quarterly dividend of $0.81. Ryder System's dividend payout ratio (DPR) is presently 30.95%.

Analyst Ratings Changes

A number of equities analysts have issued reports on R shares. Morgan Stanley increased their price target on Ryder System from $175.00 to $190.00 and gave the stock an "overweight" 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 target price on the stock in a research report on Tuesday, July 1st. 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 note on Tuesday, July 8th. Baird R W raised shares of Ryder System to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, Stephens upped their price objective on shares of Ryder System from $150.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 29th. One 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.

Institutional Trading of Ryder System

Several large investors have recently made changes to their positions in the company. Bank of Montreal Can boosted its stake in Ryder System by 6.4% during the 4th quarter. Bank of Montreal Can now owns 6,674 shares of the transportation company's stock worth $1,047,000 after purchasing an additional 403 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Ryder System in the fourth quarter worth about $6,868,000. Barclays PLC boosted its position in Ryder System by 39.4% during the fourth quarter. Barclays PLC now owns 40,105 shares of the transportation company's stock worth $6,292,000 after acquiring an additional 11,325 shares during the last quarter. Guggenheim Capital LLC grew its stake in Ryder System by 30.8% during the 4th quarter. Guggenheim Capital LLC now owns 10,153 shares of the transportation company's stock valued at $1,593,000 after acquiring an additional 2,393 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board purchased a new stake in Ryder System during the 4th quarter valued at about $421,000. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

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.