Ryder System, Inc. $R Shares Acquired by American Century Companies Inc.

American Century Companies Inc. lifted its stake in shares of Ryder System, Inc. (NYSE:R) by 1.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 867,658 shares of the transportation company’s stock after purchasing an additional 9,404 shares during the quarter. American Century Companies Inc.’s holdings in Ryder System were worth $163,675,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Root Financial Partners LLC purchased a new stake in Ryder System during the third quarter worth $28,000. Assetmark Inc. boosted its position in shares of Ryder System by 421.9% during the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 135 shares during the last quarter. Hantz Financial Services Inc. raised 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 valued at $28,000 after buying an additional 154 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in 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 last quarter. Finally, MAI Capital Management raised its position in Ryder System by 57.6% in the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 68 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.

Insider Transactions at Ryder System

In other Ryder System news, CEO Robert E. Sanchez sold 41,779 shares of the firm’s 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 sale, the chief executive officer owned 40,828 shares in the company, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director E Follin Smith sold 32,230 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $207.61, for a total value of $6,691,270.30. Following the transaction, the director directly owned 1,549 shares in the company, valued at $321,587.89. This trade represents a 95.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,673 shares of company stock worth $28,233,471 in the last quarter. 5.20% of the stock is currently owned by corporate insiders.

Ryder System Stock Down 0.9%

Shares of NYSE R opened at $221.18 on Monday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.89 and a current ratio of 0.89. The stock’s 50-day simple moving average is $201.88 and its 200-day simple moving average is $188.10. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 18.48 and a beta of 0.93. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $230.38.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 EPS for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $3.21 billion. During the same quarter last year, the company earned $3.45 earnings per share. The company’s revenue 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. As a group, equities analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, February 17th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, February 17th. Ryder System’s dividend payout ratio is presently 30.41%.

Analyst Upgrades and Downgrades

R has been the topic of several analyst reports. Wells Fargo & Company increased their price objective on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Citigroup boosted their price objective on shares of Ryder System from $218.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a research note on Thursday, January 8th. Susquehanna raised their target price on shares of Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a report on Friday, February 13th. Finally, Morgan Stanley boosted their price objective on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Ryder System currently has a consensus rating of “Moderate Buy” and an average target price of $215.44.

Ryder System 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.