Elevated Capital Advisors LLC Sells 2,850 Shares of Ryder System, Inc. $R

Elevated Capital Advisors LLC lessened its holdings in shares of Ryder System, Inc. (NYSE:R) by 92.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 217 shares of the transportation company’s stock after selling 2,850 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Ryder System were worth $44,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC acquired a new stake in shares of Ryder System during the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Ryder System during the 4th quarter valued at about $34,000. Optima Capital LLC acquired a new position in shares of Ryder System in the 4th quarter valued at approximately $39,000. Geneos Wealth Management Inc. grew its position in shares of Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares during the period. Finally, Clearstead Advisors LLC increased its stake in Ryder System by 53.8% during the 4th quarter. Clearstead Advisors LLC now owns 260 shares of the transportation company’s stock worth $50,000 after purchasing an additional 91 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Luis P. Nieto, Jr. sold 720 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the sale, the director owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. The trade was a 2.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction 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 position. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is currently owned by company insiders.

Ryder System Stock Performance

Shares of R stock traded down $0.43 during trading on Friday, reaching $269.20. 280,725 shares of the company’s stock were exchanged, compared to its average volume of 377,978. The firm’s fifty day moving average price is $255.62 and its 200-day moving average price is $223.75. Ryder System, Inc. has a twelve month low of $157.67 and a twelve month high of $284.25. The stock has a market capitalization of $10.42 billion, a PE ratio of 22.38 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 (NYSE:R) last released its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, sell-side analysts anticipate that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be issued a dividend of $1.01 per share. This is a boost from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, August 24th. Ryder System’s dividend payout ratio is presently 30.26%.

Analysts Set New Price Targets

Several research firms recently commented on R. Robert W. Baird boosted their price objective on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Morgan Stanley boosted their price target on shares of Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Citigroup reissued a “neutral” rating and set a $280.00 price target (up from $276.00) on shares of Ryder System in a research report on Friday. Stephens raised Ryder System to a “strong-buy” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their price objective 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 research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and an average target price of $265.00.

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.