Principle Wealth Partners LLC Takes Position in Ryder System, Inc. $R

Principle Wealth Partners LLC acquired a new stake in Ryder System, Inc. (NYSE:R) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,109 shares of the transportation company’s stock, valued at approximately $595,000.

Several other hedge funds also recently modified their holdings of R. Root Financial Partners LLC bought a new stake in shares of Ryder System in the third quarter valued at approximately $28,000. Assetmark Inc. lifted its position in 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 purchasing an additional 135 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Ryder System in the fourth quarter worth $34,000. Optima Capital LLC bought a new position in Ryder System in the fourth quarter worth $39,000. Finally, Geneos Wealth Management Inc. lifted its position in Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares during the period. 87.47% of the stock is owned by institutional investors.

Insider Buying and Selling at Ryder System

In other news, CEO Robert E. Sanchez sold 41,779 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total value of $9,329,250.70. Following the completion of the sale, the chief executive officer directly owned 40,828 shares in the company, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the sale, the director owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 52,131 shares of company stock valued at $11,639,250. 4.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Wells Fargo & Company raised their target price on Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. JPMorgan Chase & Co. raised their target price on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Barclays raised their target price on Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Susquehanna raised their target price on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. One 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.com, Ryder System presently has an average rating of “Moderate Buy” and a consensus target price of $234.89.

Ryder System Stock Up 2.3%

Shares of NYSE R opened at $243.92 on Friday. The stock has a market cap of $9.44 billion, a PE ratio of 20.28 and a beta of 1.04. The business has a fifty day moving average of $220.13 and a two-hundred day moving average of $202.34. Ryder System, Inc. has a 52-week low of $143.34 and a 52-week high of $259.00. 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 (NYSE:R) last issued its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business’s revenue was down .2% on a year-over-year basis. During the same period last year, the business earned $2.46 earnings per share. 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, equities research analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.5%. Ryder System’s dividend payout ratio (DPR) is presently 30.26%.

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.