Ryder System (NYSE:R) Reaches New 52-Week High – Here’s Why

Shares of Ryder System, Inc. (NYSE:R) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $227.35 and last traded at $226.8070, with a volume of 140784 shares. The stock had previously closed at $212.19.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wells Fargo & Company increased their price objective on Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research report on Thursday. JPMorgan Chase & Co. raised their price objective on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Wolfe Research restated a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Finally, Morgan Stanley increased their price objective on Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $212.44.

Ryder System Stock Performance

The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.02 and a current ratio of 1.26. The firm has a 50 day moving average of $195.40 and a two-hundred day moving average of $184.75. The stock has a market cap of $8.44 billion, a P/E ratio of 17.45 and a beta of 0.96.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing the consensus estimate of $3.66 by ($0.07). The business had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $3.21 billion. Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The firm’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.45 earnings per share. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. On average, research analysts predict that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.7%. Ryder System’s dividend payout ratio is presently 30.74%.

Institutional Trading of Ryder System

A number of large investors have recently bought and sold shares of R. Norges Bank acquired a new position in Ryder System during the second quarter worth $103,814,000. JPMorgan Chase & Co. boosted its position in Ryder System by 326.8% in the fourth quarter. JPMorgan Chase & Co. now owns 705,037 shares of the transportation company’s stock valued at $134,937,000 after buying an additional 539,854 shares in the last quarter. AQR Capital Management LLC grew its stake in Ryder System by 53.3% during the third quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock worth $134,855,000 after buying an additional 250,432 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Ryder System by 369.4% during the third quarter. BNP Paribas Financial Markets now owns 196,968 shares of the transportation company’s stock worth $37,156,000 after buying an additional 155,007 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Ryder System by 21.8% during the second quarter. First Trust Advisors LP now owns 793,527 shares of the transportation company’s stock worth $126,171,000 after buying an additional 141,872 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors.

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.