Vanguard Group Inc. Sells 35,071 Shares of Ryder System, Inc. $R

Vanguard Group Inc. reduced its stake in Ryder System, Inc. (NYSE:R) by 0.7% during the fourth quarter, HoldingsChannel reports. The fund owned 4,843,505 shares of the transportation company’s stock after selling 35,071 shares during the period. Vanguard Group Inc. owned about 0.12% of Ryder System worth $926,998,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Ryder System in the third quarter worth $28,000. Assetmark Inc. grew its stake in shares of Ryder System by 421.9% in the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after acquiring an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Ryder System in the fourth quarter worth $34,000. Optima Capital LLC purchased a new stake in shares of Ryder System in the fourth quarter worth $39,000. Finally, MAI Capital Management grew its stake in shares of 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 acquiring an additional 81 shares during the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Stock Down 1.4%

Shares of Ryder System stock opened at $250.11 on Friday. The company has a market cap of $9.68 billion, a price-to-earnings ratio of 20.79 and a beta of 1.03. The company’s 50 day moving average is $214.17 and its 200 day moving average is $196.47. Ryder System, Inc. has a twelve month low of $139.77 and a twelve month 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.

Ryder System (NYSE:R) last issued its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Research analysts anticipate that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, February 17th were given a dividend of $0.91 per share. The ex-dividend date was Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a yield of 1.5%. Ryder System’s dividend payout ratio is 30.26%.

Insider Activity at Ryder System

In related news, insider Thomas M. Havens sold 12,571 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the transaction, the insider owned 33,074 shares in the company, valued at $7,330,852.10. This represents a 27.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Sanford J. Hodes sold 10,527 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $210.16, for a total transaction of $2,212,354.32. Following the completion of the transaction, the senior vice president owned 23,954 shares in the company, valued at $5,034,172.64. The trade was a 30.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,673 shares of company stock valued at $28,233,471 over the last quarter. 4.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on R shares. Citigroup upped their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. Wolfe Research reiterated a “peer perform” rating on shares of Ryder System in a research note on Thursday, January 8th. Wells Fargo & Company upped their target price 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, Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average 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.