Ryder System (NYSE:R) Given New $290.00 Price Target at Wells Fargo & Company - American Market News
Author: ABMN Staff
Description: Read Ryder System (NYSE:R) Given New $290.00 Price Target at Wells Fargo & Company at American Market News
Keywords: Ryder System,NYSE:R,R,Transportation,78354910,Boost Price Target,Wells Fargo & Company
Date: 2026-06-06T02:48:47+0000

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# Ryder System (NYSE:R) Given New $290.00 Price Target at Wells Fargo & Company

Posted by ABMN Staff on Jun 6th, 2026

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Ryder System (NYSE:R – Free Report) had its price objective boosted by Wells Fargo & Company from $260.00 to $290.00 in a report released on Friday morning,Benzinga reports. They currently have an overweight rating on the transportation company’s stock.

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R has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Robert W. Baird boosted their target price on shares of Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Citigroup boosted their target price on shares of Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Zacks Research raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $240.89.

Read Our Latest Stock Analysis on Ryder System

## Ryder System Trading Up 0.2%

R stock opened at $265.47 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System has a twelve month low of $146.74 and a twelve month high of $269.99. The stock has a market capitalization of $10.27 billion, a price-to-earnings ratio of 22.07 and a beta of 1.01. The firm’s fifty day simple moving average is $232.17 and its two-hundred day simple moving average is $208.31.

Ryder System (NYSE:R – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the previous year, the business posted $2.46 earnings per share. The business’s revenue was down .2% compared to the same quarter last year. 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, analysts anticipate that Ryder System will post 14.82 earnings per share for the current year.

## Ryder System Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a yield of 1.4%. Ryder System’s dividend payout ratio is 30.26%.

## Insider Transactions at Ryder System

In related news, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the completion of the sale, the director directly owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is owned by corporate insiders.

## Institutional Trading of Ryder System

Hedge funds have recently modified their holdings of the company. Cedar Mountain Advisors LLC lifted its position in shares of Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after buying an additional 115 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System during the fourth quarter valued at about $31,000. Assetmark Inc. lifted its position in shares of Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after buying an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Ryder System during the fourth quarter valued at about $34,000. Finally, Optima Capital LLC purchased a new stake in shares of Ryder System during the fourth quarter valued at about $39,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

## 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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