Oppenheimer Asset Management Inc. Makes New $2.42 Million Investment in Ryder System, Inc. $R

Posted by Brenda Bartman on Aug 17th, 2026

Oppenheimer Asset Management Inc. purchased a new position in Ryder System, Inc. (NYSE:R – Free Report) in the second quarter, Holdings Channel reports. The institutional investor purchased 9,183 shares of the transportation company’s stock, valued at approximately $2,422,000.

Several other hedge funds also recently made changes to their positions in the stock. Cedar Mountain Advisors LLC raised its stake 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 purchasing an additional 115 shares during the period. Los Angeles Capital Management LLC purchased a new position in Ryder System during the 4th quarter valued at about $31,000. Geneos Wealth Management Inc. grew its holdings in Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after buying an additional 109 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Ryder System by 36.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after buying an additional 43 shares during the period. Finally, Clearstead Advisors LLC increased its position in shares of Ryder System by 53.8% during the fourth quarter. Clearstead Advisors LLC now owns 260 shares of the transportation company’s stock valued at $50,000 after buying an additional 91 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Stock Performance

NYSE:R opened at $263.77 on Monday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. Ryder System, Inc. has a fifty-two week low of $157.67 and a fifty-two week high of $284.25. The firm has a market cap of $10.12 billion, a PE ratio of 21.46 and a beta of 1.02. The business has a 50 day moving average price of $266.57 and a 200-day moving average price of $236.79.

Ryder System (NYSE:R – Get Free Report) last issued its earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, topping the consensus estimate of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same period in the previous year, the firm earned $3.32 earnings per share. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. 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. Equities research analysts predict that Ryder System, Inc. will post 14.74 earnings per share for the current year.

Ryder System Increases Dividend

The company also recently announced 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 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 is Monday, August 24th. Ryder System’s dividend payout ratio (DPR) is currently 29.62%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Citigroup raised their price target on Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Zacks Research cut Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Citizens Jmp initiated coverage on Ryder System in a research report on Wednesday, July 15th. They issued a “market perform” rating for the company. Susquehanna increased their price target on shares of Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Finally, Wells Fargo & Company upped their price objective on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. One equities research 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. Based on data from MarketBeat.com, Ryder System presently has an average rating of “Moderate Buy” and a consensus price target of $294.14.

Read Our Latest Stock Report on R

Insider Transactions at Ryder System

In related news, 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 transaction of $149,910.25. Following the transaction, the senior vice president owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.90% of the stock is currently owned by corporate insiders.

About Ryder System

(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.