Ryder System (NYSE:R) Now Covered by Citizens Jmp

Citizens Jmp initiated coverage on shares of Ryder System (NYSE:R) in a research note released on Wednesday morning, MarketBeat reports. The brokerage issued a market perform rating on the transportation company’s stock.

Several other research analysts have also recently issued reports on R. Robert W. Baird increased their price target on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. Morgan Stanley upped their price objective on shares of Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, JPMorgan Chase & Co. upped their price target 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. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and an average price target of $265.00.

Ryder System Stock Down 1.4%

R stock opened at $264.34 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. The firm’s 50-day simple moving average is $256.87 and its 200 day simple moving average is $225.40. The stock has a market cap of $10.23 billion, a PE ratio of 21.97 and a beta of 1.01. Ryder System has a fifty-two week low of $157.67 and a fifty-two week high of $284.25.

Ryder System (NYSE:R) last posted its earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate 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%. Ryder System’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm 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 predict that Ryder System will post 14.82 EPS for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be given a $1.01 dividend. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. Ryder System’s dividend payout ratio is 30.26%.

Insider Activity

In other news, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the transaction, the director directly owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares in the company, valued at approximately $5,781,748.60. This trade represents a 2.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 4.90% of the company’s stock.

Institutional Trading of Ryder System

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cedar Mountain Advisors LLC raised its stake in shares of 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 purchasing an additional 115 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Ryder System by 36.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 43 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Ryder System in the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Ryder System in the fourth quarter worth approximately $34,000. Finally, Optima Capital LLC acquired a new position in shares of Ryder System during the 4th quarter worth $39,000. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Company 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.