Insider Selling: Ryder System (NYSE:R) CEO Sells $9,329,250.70 in Stock

Ryder System, Inc. (NYSE:R) CEO Robert Sanchez sold 41,779 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $223.30, for a total value of $9,329,250.70. Following the completion of the sale, the chief executive officer directly owned 40,828 shares of the company’s stock, valued at $9,116,892.40. This represents a 50.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Ryder System Price Performance

Shares of Ryder System stock opened at $221.18 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.89 and a quick ratio of 0.89. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $230.38. The firm has a fifty day moving average price of $201.88 and a two-hundred day moving average price of $188.07. The company has a market cap of $8.72 billion, a PE ratio of 18.48 and a beta of 0.96.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.66 by ($0.07). Ryder System had a return on equity of 17.70% and a net margin of 3.95%.The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $3.21 billion. During the same quarter in the previous year, the firm posted $3.45 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. Analysts expect that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, February 17th will be given a $0.91 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.6%. Ryder System’s dividend payout ratio (DPR) is currently 30.41%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on R. Wolfe Research restated a “peer perform” rating on shares of Ryder System in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Susquehanna lifted their target price on shares of Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research report on Friday, February 13th. 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. Finally, Wells Fargo & Company raised their price target on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $215.44.

Hedge Funds Weigh In On Ryder System

Several institutional investors have recently added to or reduced their stakes in the company. Allianz Asset Management GmbH grew its stake in shares of Ryder System by 254.1% during the third quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock worth $6,571,000 after purchasing an additional 24,996 shares during the period. Thrivent Financial for Lutherans lifted its stake in Ryder System by 76.6% in the third quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock valued at $12,628,000 after buying an additional 29,029 shares during the period. Asset Management One Co. Ltd. bought a new position in Ryder System during the third quarter worth about $3,495,000. New York State Common Retirement Fund grew its position in shares of Ryder System by 9.7% during the 3rd quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock worth $5,992,000 after buying an additional 2,800 shares during the period. Finally, Genus Capital Management Inc. bought a new stake in shares of Ryder System in the 2nd quarter valued at about $1,463,000. 87.47% of the stock is owned by institutional investors.

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.