Verdence Capital Advisors LLC Lowers Stock Holdings in Ryder System, Inc. $R

Verdence Capital Advisors LLC cut its holdings in Ryder System, Inc. (NYSE:R) by 50.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,002 shares of the transportation company’s stock after selling 3,013 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Ryder System were worth $575,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in R. Allianz Asset Management GmbH lifted its position in shares of Ryder System by 254.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock valued at $6,571,000 after buying an additional 24,996 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Ryder System by 76.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock valued at $12,628,000 after buying an additional 29,029 shares in the last quarter. Asset Management One Co. Ltd. purchased a new position in shares of Ryder System during the 3rd quarter valued at approximately $3,495,000. American Century Companies Inc. lifted its position in shares of Ryder System by 1.1% during the 3rd quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock valued at $163,675,000 after buying an additional 9,404 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Ryder System by 9.7% during the 3rd quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock valued at $5,992,000 after buying an additional 2,800 shares in the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ryder System

In other Ryder System news, EVP Rajeev Ravindran sold 2,696 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $221.61, for a total transaction of $597,460.56. Following the completion of the sale, the executive vice president owned 18,136 shares of the company’s stock, valued at $4,019,118.96. This trade represents a 12.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert E. Sanchez sold 41,779 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total value of $9,329,250.70. Following the sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. Insiders have sold 130,673 shares of company stock valued at $28,233,471 over the last 90 days. Corporate insiders own 4.90% of the company’s stock.

Ryder System Stock Performance

Shares of Ryder System stock opened at $249.37 on Tuesday. Ryder System, Inc. has a one year low of $133.73 and a one year high of $256.57. The company has a market cap of $9.65 billion, a price-to-earnings ratio of 20.73 and a beta of 0.93. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. The business’s 50 day moving average price is $212.41 and its 200 day moving average price is $195.10.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The firm’s revenue was down .2% compared to the same quarter last year. During the same quarter last year, the business posted $2.46 earnings per share. 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, research analysts predict that Ryder System, Inc. will post 14.56 EPS for the current year.

Ryder System Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $3.64 annualized dividend and a yield of 1.5%. Ryder System’s dividend payout ratio (DPR) is 30.26%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on R. Citigroup increased their target price on Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. raised their target price on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday. Barclays raised their target price on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday. 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 research report on Thursday, February 12th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research report on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ryder System has a consensus rating of “Moderate Buy” and a consensus target price of $234.89.

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.