Brandywine Global Investment Management LLC Raises Stock Position in Ryder System, Inc. $R

Brandywine Global Investment Management LLC grew its holdings in shares of Ryder System, Inc. (NYSE:R) by 138.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,497 shares of the transportation company’s stock after purchasing an additional 12,463 shares during the period. Brandywine Global Investment Management LLC’s holdings in Ryder System were worth $4,114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vectors Research Management LLC increased its stake in Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock worth $3,543,000 after purchasing an additional 61 shares during the period. Burns Matteson Capital Management LLC increased its stake in shares of Ryder System by 2.4% during the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock worth $509,000 after buying an additional 63 shares during the period. MAI Capital Management increased its stake in shares of Ryder System by 43.5% during the third quarter. MAI Capital Management now owns 267 shares of the transportation company’s stock worth $50,000 after buying an additional 81 shares during the period. GAMMA Investing LLC increased its stake in shares of Ryder System by 6.1% during the fourth quarter. GAMMA Investing LLC now owns 1,452 shares of the transportation company’s stock worth $278,000 after buying an additional 84 shares during the period. Finally, Orion Porfolio Solutions LLC increased its stake in shares of Ryder System by 4.0% during the third quarter. Orion Porfolio Solutions LLC now owns 2,210 shares of the transportation company’s stock worth $417,000 after buying an additional 84 shares during the period. 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 stock. Barclays upped their target price on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Susquehanna upped their target price on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Zacks Research upgraded shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company upped their target price 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, Robert W. Baird upped their target price 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. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Ryder System currently has a consensus rating of “Moderate Buy” and a consensus price target of $240.89.

Insider Activity at Ryder System

In other Ryder System news, Director Luis P. Nieto, Jr. sold 720 shares of the 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 in the company, valued at $7,067,569.46. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction that occurred 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 completion of the transaction, the senior vice president owned 22,948 shares in the company, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 4.90% of the company’s stock.

Ryder System Stock Performance

Shares of Ryder System stock opened at $270.85 on Thursday. The firm has a market capitalization of $10.48 billion, a P/E ratio of 22.51 and a beta of 1.01. Ryder System, Inc. has a 52 week low of $146.74 and a 52 week high of $279.99. 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 moving average is $236.65 and its two-hundred day moving average is $210.89.

Ryder System (NYSE:R) last announced its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating the consensus estimate 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 net margin of 3.91% and a return on equity of 17.75%. The firm’s revenue was down .2% on a year-over-year basis. During the same period in the prior year, the firm 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. Research analysts forecast that Ryder System, Inc. will post 14.82 EPS for the current fiscal 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 paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, May 18th. Ryder System’s dividend payout ratio 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.