2,522 Shares in Ryder System, Inc. $R Purchased by Two Sigma Securities LLC

Two Sigma Securities LLC purchased a new position in shares of Ryder System, Inc. (NYSE:R) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 2,522 shares of the transportation company’s stock, valued at approximately $665,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in Ryder System by 52.8% during the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after purchasing an additional 5,448 shares during the last quarter. Focus Partners Wealth boosted its position in Ryder System by 7.9% during the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock worth $266,000 after purchasing an additional 135 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Ryder System by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock worth $189,000 after purchasing an additional 110 shares in the last quarter. Finally, M&T Bank Corp raised its holdings in Ryder System by 10.9% during the 2nd quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock valued at $343,000 after acquiring an additional 212 shares during the period. 87.47% of the stock is currently owned by institutional investors.

Ryder System Stock Down 0.3%

R opened at $243.69 on Wednesday. The company has a fifty day moving average price of $261.40 and a 200-day moving average price of $240.56. The firm has a market capitalization of $9.34 billion, a P/E ratio of 19.83 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, Inc. has a one year low of $157.67 and a one year high of $284.25.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $3.32 earnings per share. 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. Equities research analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 1.7%. 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 32.87%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on R. Robert W. Baird raised their price target on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Citizens Jmp assumed coverage on Ryder System in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. Citigroup increased their price objective on Ryder System from $280.00 to $283.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Zacks Research downgraded Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, Stephens raised Ryder System to a “strong-buy” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Ryder System has a consensus rating of “Moderate Buy” and an average target price of $294.14.

Ryder System Company 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.