California State Teachers Retirement System Has $2.99 Billion Holdings in Ryder System, Inc. $R

Posted by Geri Gentry on Sep 11th, 2026

California State Teachers Retirement System increased its position in shares of Ryder System, Inc. (NYSE:R – Free Report) by 23,531.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,350,023 shares of the transportation company’s stock after purchasing an additional 11,301,993 shares during the quarter. California State Teachers Retirement System owned 0.30% of Ryder System worth $2,993,796,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of R. BlackRock Inc. bought a new position in Ryder System in the 2nd quarter valued at about $1,060,749,000. State Street Corp lifted its holdings in shares of Ryder System by 0.4% during the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after acquiring an additional 7,447 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Ryder System by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company’s stock worth $331,996,000 after acquiring an additional 6,652 shares during the period. First Trust Advisors LP boosted its position in shares of Ryder System by 81.5% during the 1st quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock worth $206,822,000 after acquiring an additional 453,697 shares in the last quarter. Finally, Orbis Allan Gray Ltd boosted its position in shares of Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after acquiring an additional 134,423 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Trading Down 1.3%

R opened at $241.66 on Friday. The company has a market cap of $9.27 billion, a P/E ratio of 19.66 and a beta of 1.01. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. The company’s 50 day moving average is $258.87 and its 200-day moving average is $241.98. 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 released its quarterly earnings data 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 business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $3.32 EPS. 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 fiscal year.

Ryder System Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be paid a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.7%. 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 dividend payout ratio is currently 32.87%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on R shares. Citizens Jmp assumed coverage on shares of Ryder System in a research report on Wednesday, July 15th. They set a “market perform” rating for the company. Citigroup raised their target price on Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Susquehanna lifted their price target on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Wall Street Zen raised Ryder System from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. Finally, Barclays boosted their price target on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ryder System currently has an average rating of “Moderate Buy” and an average price target of $294.14.

View Our Latest Stock Analysis on R

Ryder System Profile

(Free Report)

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. The company serves commercial customers across industries, helping them manage the movement, storage and delivery of goods through integrated transportation and logistics solutions.

Ryder’s fleet management offerings include commercial truck leasing, rental, maintenance and related support services. It also sells used vehicles and provides technology designed to help customers monitor fleets, improve utilization and manage transportation operations.