17,392 Shares in Ryder System, Inc. $R Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in Ryder System, Inc. (NYSE:R) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,392 shares of the transportation company’s stock, valued at approximately $4,587,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new position in shares of Ryder System during the 2nd quarter worth $26,000. Cedar Mountain Advisors LLC increased its holdings in shares of Ryder System by 522.7% in the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 115 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Ryder System in the second quarter valued at about $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of Ryder System in the fourth quarter valued at about $31,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after buying an additional 109 shares in the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Stock Performance

Shares of R opened at $242.85 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. The stock has a market cap of $9.31 billion, a P/E ratio of 19.76 and a beta of 1.01. The company has a 50-day moving average of $261.03 and a two-hundred day moving average of $240.80. Ryder System, Inc. has a 12-month low of $157.67 and a 12-month high of $284.25.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business 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 business earned $3.32 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. 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. As a group, research analysts predict that Ryder System, Inc. will post 14.74 EPS for the current fiscal year.

Ryder System Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued a dividend of $1.01 per share. This is a boost from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a yield of 1.7%. Ryder System’s payout ratio is currently 32.87%.

Analyst Upgrades and Downgrades

R has been the topic of several recent analyst reports. Barclays upped their target price 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. Wall Street Zen raised Ryder System from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Susquehanna raised their price objective on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Stephens raised Ryder System to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Zacks Research downgraded Ryder System from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $294.14.

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.