Decker Wealth Management LLC Takes $5.68 Million Position in Ryder System, Inc. $R

Decker Wealth Management LLC acquired a new position in shares of Ryder System, Inc. (NYSE:R) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 27,759 shares of the transportation company’s stock, valued at approximately $5,683,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in R. Calamos Wealth Management LLC bought a new stake in Ryder System during the fourth quarter worth about $1,408,000. Oak Thistle LLC bought a new position in shares of Ryder System during the 4th quarter valued at about $903,000. AE Wealth Management LLC increased its position in shares of Ryder System by 27.2% during 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 during the last quarter. NewEdge Wealth LLC increased its position in shares of Ryder System by 2.9% during the 4th quarter. NewEdge Wealth LLC now owns 250,334 shares of the transportation company’s stock valued at $47,911,000 after purchasing an additional 6,952 shares during the last quarter. Finally, Braun Stacey Associates Inc. purchased a new position in shares of Ryder System during the 1st quarter valued at about $12,189,000. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Barclays boosted their target price on Ryder System from $250.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Robert W. Baird lifted their price target on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. 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 report on Friday, June 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $265.00.

Insider Buying and Selling

In related news, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction 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. The trade was a 2.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Sanford J. Hodes sold 595 shares of the company’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 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 SEC filing for this sale provides additional information. Corporate insiders own 4.90% of the company’s stock.

Ryder System Stock Up 0.2%

R opened at $272.40 on Monday. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month high of $284.25. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. The business’s 50-day moving average price is $258.17 and its 200-day moving average price is $226.49. The company has a market cap of $10.54 billion, a P/E ratio of 22.64 and a beta of 1.01.

Ryder System (NYSE:R) last issued its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period in the prior year, the business posted $2.46 EPS. Ryder System’s quarterly 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. On average, equities analysts expect that Ryder System, Inc. will post 14.73 EPS for the current year.

Ryder System Increases Dividend

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