Ryder System, Inc. $R Position Lowered by HG Vora Capital Management LLC

HG Vora Capital Management LLC lessened its holdings in Ryder System, Inc. (NYSE:R) by 32.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 810,000 shares of the transportation company’s stock after selling 390,000 shares during the period. Ryder System comprises approximately 11.9% of HG Vora Capital Management LLC’s holdings, making the stock its 3rd biggest holding. HG Vora Capital Management LLC’s holdings in Ryder System were worth $116,486,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in R. Wellington Management Group LLP increased its position in shares of 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 worth $429,249,000 after purchasing an additional 415,103 shares during the last quarter. Leigh Baldwin & CO. LLC acquired a new position in Ryder System during the 4th quarter valued at about $40,475,000. GAMMA Investing LLC lifted its holdings in shares of Ryder System by 20,298.3% in the first quarter. GAMMA Investing LLC now owns 183,789 shares of the transportation company’s stock valued at $26,431,000 after buying an additional 182,888 shares during the period. Nuveen LLC purchased a new position in Ryder System during the 1st quarter worth approximately $18,204,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ryder System in the fourth quarter worth $16,317,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on R. Susquehanna assumed coverage on Ryder System in a research report on Tuesday, July 15th. They issued a “positive” rating and a $215.00 price target for the company. Baird R W raised Ryder System to a “strong-buy” rating in a research note on Tuesday, July 1st. Morgan Stanley upped their target price 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. Barclays assumed coverage on Ryder System in a research note on Monday, June 9th. They issued an “overweight” rating and a $190.00 target price for the company. Finally, Robert W. Baird upped their price target on Ryder System from $186.00 to $192.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. One 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 stock. Based on data from MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and an average target price of $186.50.

Ryder System Stock Performance

NYSE:R opened at $185.92 on Thursday. The stock has a market cap of $7.58 billion, a P/E ratio of 15.81 and a beta of 0.99. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.27. Ryder System, Inc. has a 1-year low of $125.54 and a 1-year high of $189.35. The stock’s 50-day moving average is $176.68 and its 200-day moving average is $157.78.

Ryder System (NYSE:R) last issued its quarterly earnings data 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. The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.17 billion. Ryder System had a return on equity of 17.83% and a net margin of 3.99%.The firm’s revenue was up .2% compared to the same quarter last year. During the same period last 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. Equities research analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Increases Dividend

The company also recently announced 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 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 30.95%.

Insider Buying and Selling at Ryder System

In other Ryder System news, insider Thomas M. Havens sold 6,500 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $181.77, for a total value of $1,181,505.00. Following the transaction, the insider directly owned 32,478 shares in the company, valued at $5,903,526.06. The trade was a 16.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director E Follin Smith sold 5,523 shares of Ryder System stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $177.66, for a total value of $981,216.18. Following the completion of the sale, the director directly owned 33,779 shares of the company’s stock, valued at approximately $6,001,177.14. This trade represents a 14.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,618 shares of company stock worth $7,587,997 in the last ninety days. 5.20% of the stock is currently owned by corporate insiders.

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.