Royce & Associates LP Increases Holdings in Ryder System, Inc. $R

Royce & Associates LP lifted its holdings in Ryder System, Inc. (NYSE:R) by 131.9% in the third quarter, HoldingsChannel.com reports. The fund owned 25,790 shares of the transportation company’s stock after buying an additional 14,670 shares during the quarter. Royce & Associates LP’s holdings in Ryder System were worth $4,865,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in R. GAMMA Investing LLC lifted its holdings in Ryder System by 4.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,368 shares of the transportation company’s stock worth $258,000 after purchasing an additional 62 shares in the last quarter. Creative Planning grew its holdings in Ryder System by 0.3% during the 2nd quarter. Creative Planning now owns 26,279 shares of the transportation company’s stock valued at $4,178,000 after buying an additional 66 shares in the last quarter. MAI Capital Management raised its position in shares of Ryder System by 57.6% during the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after buying an additional 68 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Ryder System by 26.4% in the third quarter. CoreCap Advisors LLC now owns 354 shares of the transportation company’s stock worth $67,000 after buying an additional 74 shares in the last quarter. Finally, Callan Family Office LLC boosted its position in shares of Ryder System by 3.2% during the third quarter. Callan Family Office LLC now owns 2,694 shares of the transportation company’s stock worth $508,000 after acquiring an additional 84 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on R shares. Citigroup boosted their price target on shares of Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Wells Fargo & Company increased their price target on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Finally, Morgan Stanley upped their price objective on Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Ryder System currently has a consensus rating of “Moderate Buy” and an average target price of $215.44.

Ryder System Trading Up 0.8%

Shares of NYSE R opened at $214.62 on Thursday. Ryder System, Inc. has a 1-year low of $125.54 and a 1-year high of $230.38. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.89 and a quick ratio of 0.89. The business’s 50 day moving average is $203.06 and its two-hundred day moving average is $188.79. The stock has a market capitalization of $8.46 billion, a P/E ratio of 17.93 and a beta of 0.93.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.66 by ($0.07). The company had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $3.21 billion. Ryder System had a net margin of 3.95% and a return on equity of 17.70%. Ryder System’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the business earned $3.45 earnings per share. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. As a group, research analysts expect that Ryder System, Inc. will post 13.68 EPS for the current year.

Ryder System Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, February 17th. Ryder System’s payout ratio is presently 30.41%.

Insiders Place Their Bets

In other Ryder System news, COO John J. Diez sold 9,632 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $222.20, for a total value of $2,140,230.40. Following the completion of the sale, the chief operating officer owned 183,810 shares of the company’s stock, valued at $40,842,582. This trade represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas M. Havens sold 12,571 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total value of $2,786,362.15. Following the transaction, the insider directly owned 33,074 shares in the company, valued at approximately $7,330,852.10. This represents a 27.54% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 130,673 shares of company stock valued at $28,233,471. 5.20% of the stock is currently owned by company insiders.

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.