Cynosure Group LLC Makes New $494,000 Investment in Ryder System, Inc. $R

Cynosure Group LLC bought a new position in shares of Ryder System, Inc. (NYSE:R) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,580 shares of the transportation company’s stock, valued at approximately $494,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of R. Los Angeles Capital Management LLC bought a new stake in shares of Ryder System in the fourth quarter worth $31,000. Assetmark Inc. grew its stake in shares of Ryder System by 421.9% in the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after purchasing an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Ryder System in the fourth quarter worth $34,000. Optima Capital LLC bought a new stake in shares of Ryder System in the fourth quarter worth $39,000. Finally, Clearstead Advisors LLC grew its stake in shares of Ryder System by 53.8% in the fourth quarter. Clearstead Advisors LLC now owns 260 shares of the transportation company’s stock worth $50,000 after purchasing an additional 91 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Insider Buying and Selling at Ryder System

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on R shares. JPMorgan Chase & Co. boosted their price objective on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Robert W. Baird boosted their price objective on shares of 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 raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company boosted their price objective on shares of Ryder System from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Finally, Citigroup boosted their price objective on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $240.89.

Ryder System Price Performance

R stock opened at $274.93 on Wednesday. The firm has a market cap of $10.64 billion, a price-to-earnings ratio of 22.85 and a beta of 1.01. 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, Inc. has a 12-month low of $148.05 and a 12-month high of $284.25. The company’s fifty day simple moving average is $242.45 and its 200 day simple moving average is $213.92.

Ryder System (NYSE:R) last released its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. Ryder System’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.46 earnings per share. 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. On average, analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be issued a $0.91 dividend. The ex-dividend date is Monday, May 18th. This represents a $3.64 annualized dividend and a yield of 1.3%. Ryder System’s payout ratio is presently 30.26%.

About Ryder System

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.