Ryder System, Inc. $R Stock Holdings Cut by Cambria Investment Management L.P.

Cambria Investment Management L.P. lowered its stake in Ryder System, Inc. (NYSE:R) by 6.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,619 shares of the transportation company’s stock after selling 5,415 shares during the quarter. Ryder System comprises about 0.8% of Cambria Investment Management L.P.’s portfolio, making the stock its 9th biggest holding. Cambria Investment Management L.P. owned about 0.19% of Ryder System worth $14,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. State Street Corp lifted its holdings in shares of Ryder System by 0.4% in the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after acquiring an additional 7,447 shares during the last quarter. Orbis Allan Gray Ltd boosted its position in shares of Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after purchasing an additional 134,423 shares during the period. Bank of America Corp DE increased its holdings in Ryder System by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company’s stock valued at $157,111,000 after purchasing an additional 62,313 shares during the last quarter. Sei Investments Co. raised its position in Ryder System by 3.5% in the third quarter. Sei Investments Co. now owns 883,338 shares of the transportation company’s stock valued at $166,633,000 after purchasing an additional 30,144 shares during the period. Finally, American Century Companies Inc. raised its position in Ryder System by 1.1% in the third quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock valued at $163,675,000 after purchasing an additional 9,404 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ryder System

In other news, insider Thomas M. Havens sold 12,571 shares of Ryder System stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the completion of the sale, the insider directly owned 33,074 shares of the company’s stock, valued at approximately $7,330,852.10. The trade was a 27.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director E Follin Smith sold 32,230 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $207.61, for a total transaction of $6,691,270.30. Following the transaction, the director owned 1,549 shares of the company’s stock, valued at approximately $321,587.89. The trade was a 95.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,673 shares of company stock worth $28,233,471 over the last ninety days. 5.20% of the stock is currently owned by insiders.

Ryder System Stock Up 1.3%

Ryder System stock opened at $193.10 on Wednesday. The firm has a market capitalization of $7.61 billion, a P/E ratio of 16.13 and a beta of 0.93. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.24. Ryder System, Inc. has a twelve month low of $125.54 and a twelve month high of $230.38. The stock’s fifty day simple moving average is $203.63 and its 200-day simple moving average is $189.61.

Ryder System (NYSE:R) last released its earnings results on Wednesday, February 11th. The transportation company reported $3.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). The company had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $3.21 billion. Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the business posted $3.45 earnings per share. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. As a group, equities analysts expect that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, February 17th will be paid a $0.91 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a yield of 1.9%. Ryder System’s payout ratio is currently 30.41%.

Wall Street Analysts Forecast Growth

R has been the subject of several research analyst reports. Wolfe Research restated a “peer perform” rating on shares of Ryder System in a research report on Thursday, January 8th. Susquehanna increased their target price on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Wells Fargo & Company raised their target price on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley lifted their target price on Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $215.44.

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.