Citigroup Forecasts Strong Price Appreciation for Ryder System (NYSE:R) Stock

Ryder System (NYSE:R) had its price target hoisted by investment analysts at Citigroup from $280.00 to $283.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the transportation company’s stock. Citigroup’s target price would indicate a potential upside of 5.71% from the company’s current price.

A number of other equities analysts also recently issued reports on the stock. Robert W. Baird raised their price objective on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Morgan Stanley upped their target price on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Stephens upgraded shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Zacks Research cut shares of Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ryder System has an average rating of “Moderate Buy” and a consensus target price of $279.88.

Ryder System Stock Down 0.1%

Ryder System stock opened at $267.72 on Friday. Ryder System has a one year low of $157.67 and a one year high of $284.25. The stock has a fifty day moving average of $262.32 and a 200 day moving average of $229.01. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.68 and a current ratio of 1.29. The stock has a market cap of $10.36 billion, a PE ratio of 21.78 and a beta of 1.01.

Ryder System (NYSE:R) last announced its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.69 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $3.32 earnings per share. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. As a group, sell-side analysts predict that Ryder System will post 14.73 EPS for the current year.

Insider Buying and Selling

In other Ryder System 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 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. The trade was a 2.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was 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 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. The SEC filing for this sale provides additional information. Insiders own 4.90% of the company’s stock.

Institutional Trading of Ryder System

Institutional investors and hedge funds have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in Ryder System by 36.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after buying an additional 43 shares during the period. Quantum Portfolio Management LLC raised its holdings in Ryder System by 2.1% during the first quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock valued at $525,000 after acquiring an additional 52 shares during the period. Orion Porfolio Solutions LLC raised its holdings in Ryder System by 2.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock valued at $433,000 after acquiring an additional 52 shares during the period. Corient Private Wealth LLC lifted its position in shares of Ryder System by 0.8% in the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after acquiring an additional 58 shares in the last quarter. Finally, Vectors Research Management LLC lifted its position in shares of Ryder System by 0.3% in the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after acquiring an additional 61 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors.

Ryder System News Roundup

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Ryder beat Q2 expectations, reporting adjusted EPS of $3.73 versus estimates and posting 5% revenue growth year over year, with stronger Fleet Management Solutions performance and share repurchases helping results. Ryder Reports Second Quarter 2026 Results
• Positive Sentiment: The company also raised its 2026 earnings outlook, which suggests management sees continued momentum after the quarter. Ryder System Raises 2026 Earnings Outlook on Strong Q2
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Susquehanna to $310, Wells Fargo to $300, JPMorgan to $296, and Citigroup to $283, signaling improved sentiment around the stock. Analyst updates via Benzinga
• Neutral Sentiment: Despite the upgrades, most firms kept a neutral or similar stance, suggesting analysts see upside but not a major change in the overall investment case. Tickerreport.com coverage
• Negative Sentiment: Revenue came in below the headline analyst estimate cited in some reports, and Ryder’s Q3 and FY2026 EPS guidance was slightly below consensus, which may temper some of the post-earnings enthusiasm. Zacks earnings analysis

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.