Ryder System (NYSE:R) Director Sells $169,768.80 in Stock

Ryder System, Inc. (NYSE:R) Director Luis Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the sale, the director owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Ryder System Stock Up 3.1%

Shares of NYSE:R traded up $7.23 during midday trading on Tuesday, hitting $240.20. 408,699 shares of the stock were exchanged, compared to its average volume of 393,127. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. Ryder System, Inc. has a 52-week low of $139.77 and a 52-week high of $259.00. The business’s fifty day simple moving average is $214.17 and its two-hundred day simple moving average is $196.57. The company has a market capitalization of $9.29 billion, a PE ratio of 19.97 and a beta of 1.04.

Ryder System (NYSE:R) last announced its quarterly earnings data 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. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same period last year, the company earned $2.46 earnings per share. 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. As a group, research analysts predict that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is 30.26%.

Wall Street Analysts Forecast Growth

R has been the topic of several recent research reports. Susquehanna raised their target price on Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a report on Friday, February 13th. JPMorgan Chase & Co. raised their target price on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Robert W. Baird raised their target price on Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $234.89.

Institutional Investors Weigh In On Ryder System

Several hedge funds and other institutional investors have recently made changes to their positions in R. Royal Bank of Canada grew its position in shares of Ryder System by 52.8% in the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after purchasing an additional 5,448 shares during the last quarter. Focus Partners Wealth grew its position in shares of Ryder System by 7.9% in the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after purchasing an additional 135 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Ryder System by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock valued at $189,000 after purchasing an additional 110 shares during the last quarter. Finally, M&T Bank Corp grew its position in shares of Ryder System by 10.9% in the second quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock valued at $343,000 after purchasing an additional 212 shares during the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

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.