7,996 Shares in Ryder System, Inc. $R Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. acquired a new stake in Ryder System, Inc. (NYSE:RFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,996 shares of the transportation company’s stock, valued at approximately $2,109,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Keating Financial Advisory Services Inc. acquired a new stake in shares of Ryder System in the second quarter valued at about $26,000. Cedar Mountain Advisors LLC boosted its position in Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after acquiring an additional 115 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Ryder System during the second quarter worth about $30,000. Los Angeles Capital Management LLC purchased a new stake in Ryder System during the 4th quarter valued at about $31,000. Finally, Geneos Wealth Management Inc. increased its holdings 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. Institutional investors and hedge funds own 87.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on R. Stephens raised Ryder System to a “strong-buy” rating in a research note on Wednesday, July 8th. Citizens Jmp began coverage on shares of Ryder System in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. Barclays raised their price objective on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley boosted their target price on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Finally, Susquehanna increased their price target on shares of Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and an average target price of $294.14.

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Insiders Place Their Bets

In related news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the transaction, the senior vice president owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.90% of the stock is currently owned by company insiders.

Ryder System Trading Up 0.6%

R opened at $249.44 on Friday. The firm has a market cap of $9.57 billion, a P/E ratio of 20.30 and a beta of 1.02. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.91. The business has a fifty day simple moving average of $264.42 and a 200-day simple moving average of $238.70. Ryder System, Inc. has a 52 week low of $157.67 and a 52 week high of $284.25.

Ryder System (NYSE:RGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. During the same period in the prior year, the firm earned $3.32 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. On average, equities analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be given a $1.01 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a yield of 1.6%. This is an increase from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s dividend payout ratio is 29.62%.

Ryder System Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ryder System (NYSE:R)

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