Atlas Capital Advisors Inc. purchased a new position in Ryder System, Inc. (NYSE:R – Free Report) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 4,465 shares of the transportation company’s stock, valued at approximately $855,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in R. American Century Companies Inc. lifted its holdings in Ryder System by 1.1% in the 3rd quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock valued at $163,675,000 after purchasing an additional 9,404 shares in the last quarter. Calamos Wealth Management LLC purchased a new position in Ryder System in the 4th quarter valued at $1,408,000. Oak Thistle LLC purchased a new position in Ryder System in the 4th quarter valued at $903,000. AE Wealth Management LLC lifted its holdings in Ryder System by 27.2% in the 4th quarter. AE Wealth Management LLC now owns 179,184 shares of the transportation company’s stock valued at $34,294,000 after purchasing an additional 38,286 shares in the last quarter. Finally, Fieldview Capital Management LLC purchased a new position in Ryder System in the 3rd quarter valued at $3,416,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Zacks Research raised Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Robert W. Baird raised their target price on Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. raised their target price on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Barclays raised their target price on Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Citigroup raised their target price on Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One 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 stock. According to MarketBeat, Ryder System currently has an average rating of “Moderate Buy” and a consensus price target of $240.89.
Insider Transactions at Ryder System
In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the 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 owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This trade represents a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the sale, the director directly owned 29,974 shares in the company, valued at $7,067,569.46. This trade represents a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is owned by company insiders.
Ryder System Stock Performance
Shares of Ryder System stock opened at $280.86 on Monday. The business has a 50-day moving average of $239.66 and a 200 day moving average of $212.47. Ryder System, Inc. has a 12 month low of $146.74 and a 12 month high of $284.25. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 23.35 and a beta of 1.01. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68.
Ryder System (NYSE:R – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.Ryder System’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter last year, the company earned $2.46 EPS. 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, sell-side analysts forecast that Ryder System, Inc. will post 14.82 earnings per share for the current year.
Ryder System Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given 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 1.3%. Ryder System’s dividend payout ratio (DPR) is currently 30.26%.
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.
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