Brokerages Set Ryder System, Inc. (NYSE:R) PT at $294.14

Shares of Ryder System, Inc. (NYSE:R) have been given a consensus rating of “Moderate Buy” by the twelve brokerages that are presently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $294.1429.

A number of research analysts have weighed in on R shares. Stephens raised shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Morgan Stanley boosted their price objective on Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Barclays raised their target price on Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Susquehanna increased their price objective on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Finally, Robert W. Baird raised their price objective on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th.

Insider Buying and Selling at Ryder System

In related news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This trade represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 4.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. RHS Financial LLC bought a new position in Ryder System in the second quarter worth $346,000. Aljian Capital Management LLC bought a new stake in Ryder System in the 2nd quarter valued at $433,000. BlackRock Inc. bought a new stake in Ryder System in the 2nd quarter valued at $1,060,749,000. Pallas Capital Advisors LLC acquired a new position in shares of Ryder System in the 2nd quarter valued at $257,000. Finally, Deutsche Bank AG acquired a new position in shares of Ryder System in the 2nd quarter valued at $15,266,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Up 0.1%

Shares of R stock opened at $262.65 on Friday. The stock’s 50 day simple moving average is $266.43 and its 200 day simple moving average is $234.02. Ryder System has a twelve month low of $157.67 and a twelve month high of $284.25. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market capitalization of $10.07 billion, a price-to-earnings ratio of 21.37 and a beta of 1.02.

Ryder System (NYSE:R) last announced its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter last year, the company posted $3.32 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. As a group, research analysts predict that Ryder System will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s payout ratio is presently 29.62%.

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.