SG Americas Securities LLC Sells 5,968 Shares of Ryder System, Inc. $R

SG Americas Securities LLC reduced its stake in Ryder System, Inc. (NYSE:R) by 36.8% during the third quarter, Holdings Channel.com reports. The fund owned 10,235 shares of the transportation company’s stock after selling 5,968 shares during the period. SG Americas Securities LLC’s holdings in Ryder System were worth $1,931,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in R. GAMMA Investing LLC raised its holdings in Ryder System by 4.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,368 shares of the transportation company’s stock worth $258,000 after purchasing an additional 62 shares during the last quarter. Creative Planning increased its position in shares of Ryder System by 0.3% during the second quarter. Creative Planning now owns 26,279 shares of the transportation company’s stock worth $4,178,000 after buying an additional 66 shares during the period. MAI Capital Management increased its position in shares of 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 during the period. CoreCap Advisors LLC raised its stake in Ryder System by 26.4% during the third quarter. CoreCap Advisors LLC now owns 354 shares of the transportation company’s stock worth $67,000 after buying an additional 74 shares during the last quarter. Finally, Ballentine Partners LLC lifted its holdings in Ryder System by 6.5% in the second quarter. Ballentine Partners LLC now owns 1,550 shares of the transportation company’s stock valued at $246,000 after buying an additional 95 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.

Analysts Set New Price Targets

R has been the subject of a number of recent analyst reports. Wells Fargo & Company assumed 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. Citigroup raised their target price on Ryder System from $196.00 to $218.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Barclays lifted their target price on Ryder System from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. JPMorgan Chase & Co. increased their price target on Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.67.

Ryder System Stock Up 0.7%

R stock opened at $192.08 on Thursday. The stock’s 50 day simple moving average is $182.88 and its 200 day simple moving average is $180.70. The company has a market cap of $7.76 billion, a P/E ratio of 16.22 and a beta of 0.96. 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 fifty-two week low of $125.54 and a fifty-two week high of $200.53.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, October 23rd. The transportation company reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.56 by $0.01. Ryder System had a return on equity of 17.69% and a net margin of 3.96%.The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $3.19 billion. During the same quarter last year, the firm posted $3.44 earnings per share. The company’s revenue for the quarter was up .1% compared to the same quarter last year. 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. On average, research analysts expect that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

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.