Shares of Ryder System, Inc. (NYSE:R – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $265.00.
R has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Morgan Stanley raised their price target on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Robert W. Baird boosted their price objective 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. Barclays raised 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. Finally, Wells Fargo & Company increased their price target on Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 5th.
Get Our Latest Research Report on R
Ryder System Stock Performance
Ryder System (NYSE:R – Get Free Report) last released its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping 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 return on equity of 17.75% and a net margin of 3.91%.Ryder System’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, equities research analysts anticipate that Ryder System will post 14.82 EPS for the current year.
Ryder System Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued 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 dividend on an annualized basis and a yield of 1.5%. Ryder System’s dividend payout ratio is presently 30.26%.
Insider Buying and Selling at Ryder System
In other news, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total transaction of $169,768.80. Following the transaction, the director owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This represents a 2.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was 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 of the company’s stock, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.90% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in R. Redhawk Wealth Advisors Inc. purchased a new position in shares of Ryder System during the 2nd quarter valued at $2,081,000. Quantum Financial Advisors LLC purchased a new stake in Ryder System in the 2nd quarter worth about $203,000. GAMMA Investing LLC increased its holdings in Ryder System by 16.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,797 shares of the transportation company’s stock worth $474,000 after acquiring an additional 255 shares during the last quarter. CoreCap Advisors LLC raised its stake in Ryder System by 147.2% in the 2nd quarter. CoreCap Advisors LLC now owns 351 shares of the transportation company’s stock valued at $93,000 after acquiring an additional 209 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Ryder System by 36.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 43 shares during the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.
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.
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