Ryder System (R) News Today

Ryder System (NYSE:R - Get Free Report) posted its earnings results on Thursday. The transportation company reported $3.00 EPS for the quarter, beating analysts' consensus estimates of $2.88 by $0.12. The firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.24 billion. Ryder System had a net margin of 2.95% and a return on equity of 18.38%. The company's revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm posted $3.61 EPS.

Robert W. Baird lifted their target price on Ryder System from $140.00 to $155.00 and gave the company an "outperform" rating in a report on Friday.

Vanguard Group Inc. grew its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 2.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,223,396 shares of the transportation company's stock after

Ryder System (NYSE:R) updated its third quarter 2024 earnings guidance. The company provided EPS guidance of 3.300-3.500 for the period, compared to the consensus estimate of 3.390.

Russell Investments Group Ltd. raised its stake in Ryder System, Inc. (NYSE:R - Free Report) by 15.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,957 shares of the transportation company's stock after purchasing an addit

State Board of Administration of Florida Retirement System grew its stake in shares of Ryder System, Inc. (NYSE:R - Free Report) by 41.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,303 shares of th

ProShare Advisors LLC lowered its stake in shares of Ryder System, Inc. (NYSE:R - Free Report) by 13.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261,617 shares of the tr

Sei Investments Co. grew its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 7.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 809,590 shares of the transportation company's stock afte

Ryder System, Inc. (NYSE:R) declared a quarterly dividend on Friday, July 12th. Investors of record on Monday, August 19th will be given a dividend of 0.81 per share by the transportation company on Friday, September 20th. This represents a $3.24 annualized dividend and a yield of 2.52%. The ex-dividend date is Monday, August 19th. This is a positive change from Ryder System's previous quarterly dividend of $0.71.

Ryder System, Inc. (NYSE:R - Get Free Report) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totalling 511,200 shares, a drop of 17.9% from the June 15th total of 622,800 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 259,000 shares, the days-to-cover ratio is presently 2.0 days.

LSV Asset Management trimmed its position in Ryder System, Inc. (NYSE:R - Free Report) by 2.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,594,325 shares of the transportation company's stock af

Ryder System (NYSE:R) Reaches New 12-Month High at $130.32

Shares of Ryder System, Inc. (NYSE:R - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eight research firms that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on

StockNews.com lowered Ryder System from a "strong-buy" rating to a "buy" rating in a research note on Friday.

BNP Paribas Financial Markets boosted its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 76.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 75,344 shares of the transportation company's stock after acquiring an additional 32,754 shares d

Stephens assumed coverage on shares of Ryder System in a research note on Monday. They set an "equal weight" rating on the stock.

StockNews.com upgraded Ryder System from a "buy" rating to a "strong-buy" rating in a research note on Thursday.

Community Bank of Raymore trimmed its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 13.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,204 shares of the transportation company's st

Vanguard Group Inc. trimmed its position in Ryder System, Inc. (NYSE:R - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,113,466 shares of the transportation

Morgan Stanley assumed coverage on Ryder System in a report on Monday. They set an "overweight" rating and a $165.00 target price on the stock.

Goldman Sachs Group Inc. reduced its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 31.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 267,122 shares of the transportation company's stock after selling 121,588 shares during the quarter.

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Ryder System, Inc. (NYSE:R - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 26,000 shares of the transporta

Shares of Ryder System, Inc. (NYSE:R - Get Free Report) have earned a consensus recommendation of "Hold" from the seven brokerages that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the compa

Ryder System (NYSE:R) updated its FY 2024 earnings guidance. The company provided EPS guidance of 11.750-12.500 for the period, compared to the consensus estimate of 11.930. The company also issued revenue guidance of $10.4 billionillion-$10.4 billionillion, compared to the consensus estimate of $13.1 billionillion.

Vertical Research raised Ryder System from a "hold" rating to a "buy" rating and lifted their price objective for the company from $125.00 to $145.00 in a research report on Friday.

First Trust Advisors LP lessened its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 30.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 237,876 shares of the transportation company's stock after selling 105,308 shares during the quarter.

Sei Investments Co. grew its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 29.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 756,302 shares of the transportat

Corient Private Wealth LLC cut its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 74.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,690 shares of the transportation company's stock after selling

Campbell & CO Investment Adviser LLC lifted its stake in Ryder System, Inc. (NYSE:R - Free Report) by 82.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 21,323 shares of the transportation company's stock after acquiring an additional 9,616

Allianz Asset Management GmbH lessened its stake in shares of Ryder System, Inc. (NYSE:R - Free Report) by 46.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 121,165 shares of the transportation company's stock after sell

Vectors Research Management LLC raised its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 117.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 52,165 shares of the transportation company's s