Ryder System (NYSE:R) Shares Gap Down – Should You Sell?

Ryder System, Inc. (NYSE:R) gapped down before the market opened on Tuesday . The stock had previously closed at $249.99, but opened at $234.80. Ryder System shares last traded at $239.2850, with a volume of 15,741 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Thursday, January 22nd. Barclays lifted their target price on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Robert W. Baird lifted their target price on Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Susquehanna lifted their target price on Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Finally, Zacks Research upgraded Ryder System from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One equities research 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 company. According to MarketBeat, Ryder System presently has an average rating of “Moderate Buy” and a consensus target price of $234.89.

Ryder System Stock Up 2.2%

The company has a 50-day moving average price of $214.17 and a 200 day moving average price of $196.57. The firm has a market capitalization of $9.22 billion, a PE ratio of 19.80 and a beta of 1.04. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the business earned $2.46 earnings per share. The business’s revenue was down .2% on a year-over-year basis. 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. Analysts forecast that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, May 18th. Ryder System’s payout ratio is presently 30.26%.

Insiders Place Their Bets

In other news, insider Thomas M. Havens sold 12,571 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was 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 $7,330,852.10. The trade was a 27.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Rajeev Ravindran sold 14,367 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $211.73, for a total value of $3,041,924.91. Following the completion of the transaction, the executive vice president owned 20,832 shares in the company, valued at $4,410,759.36. The trade was a 40.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 130,673 shares of company stock valued at $28,233,471. Insiders own 4.90% of the company’s stock.

Institutional Investors Weigh In On Ryder System

Hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Ryder System in the third quarter worth about $28,000. Cedar Mountain Advisors LLC lifted its position in shares of Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System in the fourth quarter worth about $31,000. Assetmark Inc. lifted its position in shares of Ryder System by 421.9% in the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after buying an additional 135 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Ryder System in the fourth quarter worth about $34,000. 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.