Geode Capital Management LLC Has $140.55 Million Stock Holdings in Ryder System, Inc. $R

Geode Capital Management LLC lifted its position in shares of Ryder System, Inc. (NYSE:R) by 0.7% during the 4th quarter, Holdings Channel reports. The firm owned 734,203 shares of the transportation company’s stock after purchasing an additional 4,895 shares during the quarter. Geode Capital Management LLC’s holdings in Ryder System were worth $140,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of R. AQR Capital Management LLC increased its stake in shares of Ryder System by 53.3% during the 3rd quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock worth $134,855,000 after purchasing an additional 250,432 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Ryder System by 369.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 196,968 shares of the transportation company’s stock worth $37,156,000 after purchasing an additional 155,007 shares during the last quarter. Orbis Allan Gray Ltd increased its stake in shares of Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after purchasing an additional 134,423 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Ryder System by 294.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 160,242 shares of the transportation company’s stock worth $25,478,000 after purchasing an additional 119,618 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of Ryder System by 40.1% during the 3rd quarter. UBS Group AG now owns 267,077 shares of the transportation company’s stock worth $50,381,000 after purchasing an additional 76,441 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Performance

Shares of R stock opened at $265.26 on Friday. The company has a market capitalization of $10.26 billion, a price-to-earnings ratio of 22.05 and a beta of 1.01. 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 company has a 50-day simple moving average of $230.94 and a 200 day simple moving average of $207.91. Ryder System, Inc. has a 52 week low of $146.74 and a 52 week high of $265.59.

Ryder System (NYSE:R) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion during 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%. Ryder System’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. On average, sell-side analysts predict that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a yield of 1.4%. Ryder System’s payout ratio is currently 30.26%.

Wall Street Analysts Forecast Growth

R has been the topic of several recent analyst reports. Wells Fargo & Company boosted their price objective 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. Robert W. Baird lifted their target price on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Barclays lifted their target price on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Citigroup lifted their target price on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Zacks Research raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $234.89.

Insider Transactions at Ryder System

In other Ryder System news, Director Luis P. Nieto, Jr. sold 720 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the sale, the director owned 29,974 shares of the company’s stock, valued at $7,067,569.46. The trade was a 2.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.90% 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.