Ryder System, Inc. $R Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its position in shares of Ryder System, Inc. (NYSE:R) by 37.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,754 shares of the transportation company’s stock after selling 4,547 shares during the period. HighTower Advisors LLC’s holdings in Ryder System were worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Ryder System by 0.4% in the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after buying an additional 7,447 shares during the last quarter. Orbis Allan Gray Ltd raised its stake in Ryder System by 15.4% during the second 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 during the period. Bank of America Corp DE raised its stake in Ryder System by 6.7% during the second quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company’s stock worth $157,111,000 after acquiring an additional 62,313 shares during the period. American Century Companies Inc. lifted its holdings in Ryder System by 1.4% in the second quarter. American Century Companies Inc. now owns 858,254 shares of the transportation company’s stock worth $136,462,000 after acquiring an additional 11,483 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in Ryder System by 0.5% in the second quarter. Sei Investments Co. now owns 853,194 shares of the transportation company’s stock valued at $135,659,000 after acquiring an additional 4,359 shares during the period. Institutional investors own 87.47% of the company’s stock.

Insider Buying and Selling at Ryder System

In related news, CEO Robert E. Sanchez sold 41,779 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the sale, the chief executive officer owned 40,828 shares of the company’s stock, valued at $9,116,892.40. The trade was a 50.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director E Follin Smith sold 32,230 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $207.61, for a total value of $6,691,270.30. Following the transaction, the director directly owned 1,549 shares of the company’s stock, valued at approximately $321,587.89. The trade was a 95.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 130,673 shares of company stock valued at $28,233,471. 5.20% of the stock is currently owned by company insiders.

Ryder System Trading Down 0.9%

NYSE:R opened at $221.18 on Monday. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $230.38. The stock has a market cap of $8.72 billion, a price-to-earnings ratio of 18.48 and a beta of 0.93. The business has a fifty day moving average of $201.88 and a 200-day moving average of $188.10. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.89 and a current ratio of 0.89.

Ryder System (NYSE:R) last issued its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). The company had revenue of $2.60 billion for 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%. Ryder System’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Equities analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The business also recently disclosed 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 is Tuesday, February 17th. This represents a $3.64 annualized dividend and a dividend yield of 1.6%. Ryder System’s dividend payout ratio (DPR) is 30.41%.

Analyst Ratings Changes

R has been the topic of a number of research reports. Wolfe Research reiterated a “peer perform” rating on shares of Ryder System in a research report on Thursday, January 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Thursday, January 22nd. Morgan Stanley boosted their price target on shares of Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, December 8th. Citigroup upped their price target on shares of Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, Wells Fargo & Company lifted their price objective on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $215.44.

About Ryder System

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.