Ryder System, Inc. $R Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp boosted its holdings in shares of Ryder System, Inc. (NYSE:R) by 163.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,372 shares of the transportation company’s stock after purchasing an additional 15,729 shares during the quarter. Fifth Third Bancorp’s holdings in Ryder System were worth $5,194,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of R. Quantum Portfolio Management LLC grew its holdings in shares of Ryder System by 2.1% during the first quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock worth $525,000 after buying an additional 52 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in Ryder System by 2.4% in the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock valued at $433,000 after buying an additional 52 shares during the period. Corient Private Wealth LLC raised its stake in shares of Ryder System by 0.8% in the 4th quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after acquiring an additional 58 shares during the period. Vectors Research Management LLC increased its holdings in Ryder System by 0.3% in the 4th quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after purchasing an additional 61 shares during the last quarter. Finally, Burns Matteson Capital Management LLC lifted its holdings in Ryder System by 2.4% during the 4th quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock worth $509,000 after buying an additional 63 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Citigroup downgraded shares of Ryder System from a “neutral” rating to a “hold” rating in a research note on Wednesday. Citizens Jmp assumed coverage on Ryder System in a research report on Wednesday. They issued a “market perform” rating on the stock. Zacks Research cut shares of Ryder System from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. JPMorgan Chase & Co. raised their target price on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Stephens raised shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.

Ryder System Stock Down 0.2%

Ryder System stock opened at $272.40 on Friday. 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 50 day moving average of $258.17 and a two-hundred day moving average of $226.27. Ryder System, Inc. has a twelve month low of $157.67 and a twelve month high of $284.25. The stock has a market capitalization of $10.54 billion, a price-to-earnings ratio of 22.64 and a beta of 1.01.

Ryder System (NYSE:R) 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. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period last year, the firm earned $2.46 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. 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 14.73 earnings per share for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be given a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 1.5%. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s dividend payout ratio (DPR) is currently 30.26%.

Insider Buying and Selling at Ryder System

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

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.