TCM Advisors LLC Purchases New Position in Ryder System, Inc. $R

TCM Advisors LLC bought a new position in Ryder System, Inc. (NYSE:R) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 4,400 shares of the transportation company’s stock, valued at approximately $1,161,000. Ryder System makes up approximately 0.1% of TCM Advisors LLC’s portfolio, making the stock its 16th largest holding.

Other large investors also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. purchased a new position in shares of Ryder System during the second quarter valued at approximately $26,000. Cedar Mountain Advisors LLC boosted its position in shares of Ryder System by 522.7% during 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 last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Ryder System in the second quarter worth approximately $30,000. Los Angeles Capital Management LLC bought a new stake in Ryder System in the 4th quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. raised its stake in Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after buying an additional 109 shares during the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Citizens Jmp began coverage on Ryder System in a report on Wednesday, July 15th. They issued a “market perform” rating for the company. Stephens raised Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Morgan Stanley boosted their price target on Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Barclays upped their price target on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ryder System from $259.00 to $296.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.14.

Insider Activity

In related news, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the transaction, the senior vice president directly owned 22,948 shares in the company, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 4.90% of the company’s stock.

Ryder System Trading Down 0.1%

NYSE:R opened at $249.44 on Monday. Ryder System, Inc. has a one year low of $157.67 and a one year high of $284.25. The business has a fifty day moving average price of $264.42 and a 200-day moving average price of $238.94. The firm has a market capitalization of $9.57 billion, a price-to-earnings ratio of 20.30 and a beta of 1.02. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65.

Ryder System (NYSE:R) last released its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same period in the previous year, the business earned $3.32 earnings per share. Ryder System’s quarterly revenue 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. Sell-side analysts forecast that Ryder System, Inc. will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be given a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 24th. This is an increase from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s payout ratio is presently 32.87%.

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.