Ryder System (NYSE:R) Upgraded to Strong-Buy at Stephens

Ryder System (NYSE:RGet Free Report) was upgraded by equities researchers at Stephens to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently commented on R. Barclays boosted their target price on Ryder System from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. Robert W. Baird lifted their price objective on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a report on Wednesday, June 17th. Zacks Research lowered shares of Ryder System from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Finally, Wells Fargo & Company lifted their price target on shares of Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $264.50.

Check Out Our Latest Report on R

Ryder System Price Performance

Shares of NYSE R opened at $265.49 on Wednesday. The firm has a market cap of $10.27 billion, a PE ratio of 22.07 and a beta of 1.01. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System has a 1-year low of $157.67 and a 1-year high of $284.25. The company has a fifty day moving average price of $254.69 and a 200 day moving average price of $222.88.

Ryder System (NYSE:RGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the business 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. Research analysts predict that Ryder System will post 14.82 earnings per share for the current fiscal year.

Insider Transactions at Ryder System

In related news, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction dated 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 owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. The trade was a 2.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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. The trade was a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.90% of the company’s stock.

Hedge Funds Weigh In On Ryder System

Several institutional investors and hedge funds have recently made changes to their positions in R. MassMutual Private Wealth & Trust FSB lifted its holdings in Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after purchasing an additional 43 shares during the last quarter. Quantum Portfolio Management LLC increased its position in 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 acquiring an additional 52 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of Ryder System by 2.4% in the fourth 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 increased its holdings in 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 buying an additional 58 shares during the period. Finally, Vectors Research Management LLC raised its position in shares of 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 buying an additional 61 shares in the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Ryder System (NYSE:R)

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.