Natixis Advisors LLC Cuts Stake in Ryder System, Inc. $R

Natixis Advisors LLC lowered its position in shares of Ryder System, Inc. (NYSE:R) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 159,554 shares of the transportation company’s stock after selling 21,914 shares during the quarter. Natixis Advisors LLC’s holdings in Ryder System were worth $30,537,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Ellevest Inc. purchased a new position in Ryder System during the 4th quarter worth $224,000. Norges Bank purchased a new position in Ryder System during the 4th quarter worth $111,168,000. Intech Investment Management LLC raised its position in Ryder System by 175.2% during the 4th quarter. Intech Investment Management LLC now owns 34,457 shares of the transportation company’s stock worth $6,595,000 after buying an additional 21,935 shares during the last quarter. Geode Capital Management LLC raised its position in Ryder System by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 734,203 shares of the transportation company’s stock worth $140,549,000 after buying an additional 4,895 shares during the last quarter. Finally, Royce & Associates LP raised its position in Ryder System by 0.4% during the 4th quarter. Royce & Associates LP now owns 25,897 shares of the transportation company’s stock worth $4,956,000 after buying an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Zacks Research raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company upped their price target on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Robert W. Baird upped their price target on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. One investment 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. Based on data from MarketBeat, Ryder System currently has an average rating of “Moderate Buy” and an average target price of $234.89.

Insider Transactions at Ryder System

In related news, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the sale, the director directly owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This represents a 2.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 4.90% of the stock is currently owned by corporate insiders.

Ryder System Stock Performance

NYSE:R opened at $265.26 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System, Inc. has a fifty-two week low of $146.74 and a fifty-two week high of $265.59. The stock has a market cap of $10.26 billion, a PE ratio of 22.05 and a beta of 1.01. The firm’s fifty day simple moving average is $230.94 and its 200-day simple moving average is $207.91.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The business’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the company posted $2.46 EPS. 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. Analysts expect 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 paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio is presently 30.26%.

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.