Dorsey Wright & Associates Purchases 4,996 Shares of Ryder System, Inc. $R

Dorsey Wright & Associates grew its holdings in shares of Ryder System, Inc. (NYSE:R) by 283.4% during the 1st quarter, HoldingsChannel reports. The fund owned 6,759 shares of the transportation company’s stock after acquiring an additional 4,996 shares during the quarter. Dorsey Wright & Associates’ holdings in Ryder System were worth $1,384,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in R. Cedar Mountain Advisors LLC raised its position in Ryder System by 522.7% in the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after purchasing an additional 115 shares during the period. Los Angeles Capital Management LLC purchased a new stake in Ryder System during the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Ryder System during the fourth quarter valued at about $34,000. Optima Capital LLC bought a new position in shares of Ryder System during the fourth quarter valued at about $39,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after buying an additional 109 shares during the period. 87.47% of the stock is currently owned by institutional investors.

Ryder System Price Performance

R stock opened at $272.40 on Friday. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. Ryder System, Inc. has a 1 year low of $157.67 and a 1 year high of $284.25. The firm has a 50-day moving average of $258.17 and a 200 day moving average of $226.27. The company has a market cap of $10.54 billion, a P/E ratio of 22.64 and a beta of 1.01.

Ryder System (NYSE:R) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the previous year, the business posted $2.46 EPS. The company’s quarterly revenue was down .2% on a year-over-year basis. 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 forecast that Ryder System, Inc. will post 14.73 EPS for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be given a $1.01 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s payout ratio is presently 30.26%.

Insider Buying and Selling

In other news, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the transaction, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 29,974 shares in the company, valued at $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 4.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on R. Morgan Stanley boosted their target price on Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Barclays lifted their price target on Ryder System from $250.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Stephens raised Ryder System to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Zacks Research cut shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.

Ryder System 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.