Ryder System (NYSE:R) SVP Sells $149,910.25 in Stock

Ryder System, Inc. (NYSE:RGet Free Report) SVP Sanford Hodes sold 595 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total value of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. This trade represents a 2.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Ryder System Price Performance

Shares of NYSE R opened at $250.41 on Monday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. Ryder System, Inc. has a fifty-two week low of $143.34 and a fifty-two week high of $259.00. The firm has a market capitalization of $9.69 billion, a PE ratio of 20.82 and a beta of 1.01. The stock’s 50-day simple moving average is $225.93 and its 200-day simple moving average is $205.40.

Ryder System (NYSE:RGet Free Report) last issued its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the company earned $2.46 EPS. The business’s quarterly revenue was down .2% on a year-over-year basis. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. As a group, equities research analysts forecast that Ryder System, Inc. will post 14.82 EPS for the current fiscal year.

Ryder System Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is 30.26%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC grew its stake in Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Ryder System during the 4th quarter worth approximately $31,000. Assetmark Inc. grew its stake in Ryder System by 421.9% during the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after buying an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Ryder System during the 4th quarter worth approximately $34,000. Finally, Optima Capital LLC purchased a new position in Ryder System during the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Wells Fargo & Company raised their target price on Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Robert W. Baird raised their price target on Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Zacks Research upgraded Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price target on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $234.89.

Get Our Latest Stock Analysis on Ryder System

Ryder System Company Profile

(Get Free Report)

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.

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