ProShare Advisors LLC decreased its position in shares of Ryder System, Inc. (NYSE:R – Free Report) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 180,471 shares of the transportation company’s stock after selling 16,762 shares during the quarter. ProShare Advisors LLC’s holdings in Ryder System were worth $34,540,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vectors Research Management LLC lifted its holdings in shares of Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock worth $3,543,000 after purchasing an additional 61 shares during the period. Burns Matteson Capital Management LLC increased its position in shares of Ryder System by 2.4% in the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock valued at $509,000 after buying an additional 63 shares in the last quarter. MAI Capital Management increased its position 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 valued at $50,000 after buying an additional 81 shares in the last quarter. Callan Family Office LLC boosted its stake in shares of Ryder System by 3.2% in the third quarter. Callan Family Office LLC now owns 2,694 shares of the transportation company’s stock worth $508,000 after acquiring an additional 84 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Ryder System by 6.1% in the fourth quarter. GAMMA Investing LLC now owns 1,452 shares of the transportation company’s stock worth $278,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on R shares. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Susquehanna upped their price target on Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research note on Friday, February 13th. Robert W. Baird boosted their price objective on Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Wells Fargo & Company boosted their price objective on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. upped their price target on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. One equities research 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’s stock. According to data from MarketBeat, Ryder System currently has an average rating of “Moderate Buy” and a consensus target price of $234.89.
Ryder System Stock Down 1.5%
Ryder System stock opened at $228.16 on Wednesday. Ryder System, Inc. has a twelve month low of $143.34 and a twelve month high of $259.00. The stock has a 50 day moving average of $217.75 and a two-hundred day moving average of $201.10. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. The stock has a market capitalization of $8.83 billion, a price-to-earnings ratio of 18.97 and a beta of 1.04.
Ryder System (NYSE:R – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, research analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current year.
Ryder System Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.64 annualized dividend and a yield of 1.6%. Ryder System’s payout ratio is currently 30.26%.
Insider Transactions 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 transaction, the executive vice president owned 18,136 shares of the company’s stock, valued at approximately $4,019,118.96. This trade represents a 12.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 transaction, the chief executive officer directly owned 40,828 shares of the company’s stock, valued at $9,116,892.40. The trade was a 50.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 54,827 shares of company stock valued at $12,236,710. Company insiders own 4.90% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Ryder System
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Want to see what other hedge funds are holding R? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryder System, Inc. (NYSE:R – Free Report).
Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.com's FREE daily email newsletter.
