Sei Investments Co. reduced its stake in Ryder System, Inc. (NYSE:R – Free Report) by 1.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 713,617 shares of the transportation company’s stock after selling 10,861 shares during the quarter. Sei Investments Co.’s holdings in Ryder System were worth $146,083,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of R. Cedar Mountain Advisors LLC boosted its position in shares of Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 115 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System in the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Ryder System during the fourth quarter worth about $34,000. Optima Capital LLC purchased a new position in Ryder System during the fourth quarter worth about $39,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares during the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the firm’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 sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. This trade represents a 2.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 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. This trade represents a 2.35% decrease in their position. The SEC filing for this sale provides additional information. 4.90% of the stock is owned by insiders.
More Ryder System News
- Positive Sentiment: Ryder reported Q2 adjusted EPS of $3.73, topping Wall Street estimates and improving from $3.32 a year ago, showing continued profitability strength. Ryder Reports Second Quarter 2026 Results
- Positive Sentiment: Revenue rose 5% year over year, indicating the business is still growing even in a mixed freight and transportation environment. Listen to Conference Call
- Positive Sentiment: The company raised its full-year 2026 earnings outlook, suggesting management remains confident in the rest of the year after the strong quarter. Ryder System Raises 2026 Earnings Outlook on Strong Q2
Analysts Set New Price Targets
R has been the topic of several analyst reports. 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 reissued a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Stephens upgraded Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Citigroup lowered Ryder System from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company increased their price target on Ryder System from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Ryder System currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.
Check Out Our Latest Stock Report on R
Ryder System Stock Performance
NYSE:R opened at $268.79 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. The firm has a market cap of $10.40 billion, a PE ratio of 22.34 and a beta of 1.01. The firm has a 50 day simple moving average of $261.59 and a 200-day simple moving average of $228.73. Ryder System, Inc. has a 1-year low of $157.67 and a 1-year high of $284.25.
Ryder System (NYSE:R – Get Free Report) last announced its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. Ryder System’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $3.32 earnings per share. 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. On average, equities analysts expect that Ryder System, Inc. will post 14.73 EPS for the current year.
Ryder System Increases Dividend
The firm also recently disclosed 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. This is an increase from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s dividend payout ratio (DPR) is presently 30.26%.
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.
Featured Articles
- Five stocks we like better than Ryder System
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding R? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryder System, Inc. (NYSE:R – Free Report).
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.
