Ryder System (NYSE:R) SVP Sanford Hodes Sells 595 Shares

Ryder System, Inc. (NYSE:R) SVP Sanford Hodes sold 595 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ryder System Trading Up 0.6%

Shares of Ryder System stock traded up $1.60 during mid-day trading on Friday, hitting $250.41. 421,585 shares of the stock were exchanged, compared to its average volume of 390,815. Ryder System, Inc. has a twelve month low of $143.34 and a twelve month high of $259.00. The stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of 20.82 and a beta of 1.04. The company has a 50-day simple moving average of $224.79 and a 200 day simple moving average of $204.83. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09.

Ryder System (NYSE:R) last released its earnings results 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 net margin of 3.91% and a return on equity of 17.75%. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same period last year, the company earned $2.46 earnings per share. The company’s quarterly 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. Research analysts forecast that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Cedar Mountain Advisors LLC raised its holdings in Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after buying an additional 115 shares during the period. Los Angeles Capital Management LLC purchased a new position in Ryder System in the fourth quarter valued at approximately $31,000. Assetmark Inc. raised its holdings in Ryder System by 421.9% in the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after buying an additional 135 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Ryder System in the fourth quarter valued at approximately $34,000. Finally, Optima Capital LLC purchased a new position in Ryder System in the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Zacks Research raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Robert W. Baird raised their target price on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Citigroup raised their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Barclays raised their target price on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their target price on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. One investment 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $234.89.

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.