Ryder System (NYSE:R) CEO Sells $9,329,250.70 in Stock

Ryder System, Inc. (NYSE:R) CEO Robert Sanchez sold 41,779 shares of Ryder System stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the completion of the sale, the chief executive officer owned 40,828 shares of the company’s stock, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Ryder System Stock Performance

Shares of Ryder System stock traded up $2.73 during trading hours on Thursday, reaching $223.65. The company’s stock had a trading volume of 575,577 shares, compared to its average volume of 389,995. Ryder System, Inc. has a one year low of $125.54 and a one year high of $230.38. The company’s 50 day simple moving average is $200.62 and its 200 day simple moving average is $187.43. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market cap of $8.82 billion, a P/E ratio of 18.68 and a beta of 0.96.

Ryder System (NYSE:R) last issued its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 EPS for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $3.21 billion. Ryder System had a return on equity of 17.70% and a net margin of 3.95%.Ryder System’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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, analysts expect that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, February 17th. Ryder System’s dividend payout ratio is currently 30.41%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on R. Wolfe Research restated a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Wells Fargo & Company upped their price target on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Susquehanna lifted their price objective on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Morgan Stanley boosted their target price on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Finally, Citigroup raised their target price on shares of Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $215.44.

Institutional Investors Weigh In On Ryder System

Large investors have recently made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of Ryder System during the fourth quarter worth approximately $1,622,000. Invesco Ltd. boosted its holdings in Ryder System by 3.9% in the 4th quarter. Invesco Ltd. now owns 413,493 shares of the transportation company’s stock valued at $79,138,000 after purchasing an additional 15,404 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Ryder System by 1.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,867 shares of the transportation company’s stock worth $6,099,000 after purchasing an additional 480 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Ryder System by 115.9% during the fourth quarter. Mackenzie Financial Corp now owns 36,958 shares of the transportation company’s stock valued at $7,116,000 after buying an additional 19,843 shares during the last quarter. Finally, Empowered Funds LLC grew its position in Ryder System by 17.2% during the fourth quarter. Empowered Funds LLC now owns 50,906 shares of the transportation company’s stock worth $9,743,000 after buying an additional 7,485 shares in the last quarter. Institutional investors own 87.47% of the company’s stock.

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.