3,838 Shares in Ryder System, Inc. $R Bought by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC purchased a new position in Ryder System, Inc. (NYSE:R) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 3,838 shares of the transportation company’s stock, valued at approximately $735,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vectors Research Management LLC grew its holdings in Ryder System by 0.3% in the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock worth $3,543,000 after purchasing an additional 61 shares during the period. Burns Matteson Capital Management LLC grew its holdings in Ryder System by 2.4% in the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock worth $509,000 after purchasing an additional 63 shares during the period. MAI Capital Management grew its holdings in Ryder System by 43.5% in the third quarter. MAI Capital Management now owns 267 shares of the transportation company’s stock worth $50,000 after purchasing an additional 81 shares during the period. Callan Family Office LLC grew its holdings in Ryder System by 3.2% in the third quarter. Callan Family Office LLC now owns 2,694 shares of the transportation company’s stock worth $508,000 after purchasing an additional 84 shares during the period. Finally, GAMMA Investing LLC grew its holdings in Ryder System by 6.1% in the fourth quarter. GAMMA Investing LLC now owns 1,452 shares of the transportation company’s stock worth $278,000 after purchasing an additional 84 shares during the period. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Trading Up 1.8%

NYSE:R opened at $238.90 on Friday. The company’s 50 day moving average price is $219.14 and its 200-day moving average price is $202.04. Ryder System, Inc. has a 52 week low of $143.34 and a 52 week high of $259.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. The stock has a market cap of $9.24 billion, a price-to-earnings ratio of 19.86 and a beta of 1.04.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the prior year, the company posted $2.46 earnings per share. The business’s revenue for the quarter 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. On average, equities research analysts forecast that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be given a dividend of $0.91 per share. 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 30.26%.

Insider Activity at Ryder System

In related news, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the sale, the director directly owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO John J. Diez sold 9,632 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $222.20, for a total value of $2,140,230.40. Following the sale, the chief operating officer directly owned 183,810 shares in the company, valued at $40,842,582. This trade represents a 4.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 52,131 shares of company stock valued at $11,639,250 over the last ninety days. Insiders own 4.90% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on R. Citigroup upped their price objective on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. 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. Zacks Research raised Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and a consensus target price 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.