Nippon Life Global Investors Americas Inc. Acquires New Shares in Ryder System, Inc. $R

Nippon Life Global Investors Americas Inc. bought a new position in shares of Ryder System, Inc. (NYSE:R) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 71,670 shares of the transportation company’s stock, valued at approximately $13,520,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in R. Valeo Financial Advisors LLC lifted its position in Ryder System by 51,455.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,868,534 shares of the transportation company’s stock worth $456,097,000 after acquiring an additional 2,862,970 shares during the last quarter. Asset Management One Co. Ltd. bought a new position in shares of Ryder System in the third quarter worth about $3,495,000. Genus Capital Management Inc. acquired a new position in shares of Ryder System during the 2nd quarter worth about $1,463,000. Bahl & Gaynor Inc. lifted its position in shares of Ryder System by 149.0% during the 2nd quarter. Bahl & Gaynor Inc. now owns 145,700 shares of the transportation company’s stock worth $23,166,000 after purchasing an additional 87,197 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in Ryder System during the 2nd quarter valued at approximately $343,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Stock Down 1.7%

Shares of NYSE:R opened at $190.94 on Friday. The company’s fifty day moving average is $183.86 and its 200-day moving average is $181.10. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.02 and a current ratio of 1.02. Ryder System, Inc. has a 52 week low of $125.54 and a 52 week high of $200.53. The company has a market capitalization of $7.71 billion, a PE ratio of 16.13 and a beta of 0.96.

Ryder System (NYSE:R) last announced its earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.01. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. Ryder System had a net margin of 3.96% and a return on equity of 17.69%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the company posted $3.44 EPS. Ryder System has set its Q4 2025 guidance at 3.500-3.700 EPS and its FY 2025 guidance at 12.850-13.050 EPS. Equities research analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on R shares. Wells Fargo & Company started coverage on Ryder System in a report on Friday, December 5th. They set an “overweight” rating and a $210.00 price target for the company. Barclays upped their target price on shares of Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Citigroup raised their price target on shares of Ryder System from $196.00 to $218.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a research report on Thursday, January 8th. Finally, Morgan Stanley increased their target price on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.67.

Ryder System Company Profile

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.