Pacer Advisors Inc. Has $1.42 Million Holdings in Ryder System, Inc. $R

Pacer Advisors Inc. increased its holdings in shares of Ryder System, Inc. (NYSE:R) by 455.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,544 shares of the transportation company’s stock after acquiring an additional 6,186 shares during the quarter. Pacer Advisors Inc.’s holdings in Ryder System were worth $1,423,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its position in shares of Ryder System by 770.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after purchasing an additional 154 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Ryder System by 237.0% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock valued at $29,000 after buying an additional 128 shares during the period. MAI Capital Management grew its position in Ryder System by 57.6% during the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock worth $30,000 after buying an additional 68 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in Ryder System during the second quarter worth approximately $35,000. Finally, IFP Advisors Inc increased its stake in Ryder System by 103.6% during the 2nd quarter. IFP Advisors Inc now owns 224 shares of the transportation company’s stock worth $36,000 after acquiring an additional 114 shares during the period. Institutional investors own 87.47% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Barclays upped their target price on Ryder System from $190.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday, October 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Wells Fargo & Company initiated coverage on shares of Ryder System in a research report on Friday, December 5th. They issued an “overweight” rating and a $210.00 target price for the company. Finally, Morgan Stanley increased their price target on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and an average target price of $205.67.

Ryder System Stock Down 0.8%

R stock opened at $191.45 on Friday. The stock has a market capitalization of $7.73 billion, a P/E ratio of 16.17 and a beta of 0.96. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 2.35. Ryder System, Inc. has a 12 month low of $125.54 and a 12 month high of $200.53. The firm has a 50-day moving average price of $178.79 and a 200-day moving average price of $178.22.

Ryder System (NYSE:R) last announced its quarterly earnings results on Thursday, October 23rd. The transportation company reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.01. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates 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 was up .1% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, equities research analysts anticipate that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Monday, November 17th were paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, November 17th. Ryder System’s payout ratio is presently 30.74%.

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.