Sanford Hodes Sells 595 Shares of Ryder System (NYSE:R) Stock

Ryder System, Inc. (NYSE:R) SVP Sanford Hodes sold 595 shares of Ryder System stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the transaction, the senior vice president owned 22,948 shares in the company, valued at $5,781,748.60. This trade represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Ryder System Trading Up 0.6%

Shares of R stock opened at $250.41 on Friday. The business’s 50 day moving average is $225.93 and its two-hundred day moving average is $205.15. Ryder System, Inc. has a twelve month low of $143.34 and a twelve month high of $259.00. The company has a market capitalization of $9.69 billion, a P/E ratio of 20.82 and a beta of 1.04. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09.

Ryder System (NYSE:R) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.25. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company’s revenue was down .2% on a year-over-year basis. During the same period last year, the business posted $2.46 EPS. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. Equities analysts forecast that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is currently 30.26%.

Analyst Ratings Changes

R has been the subject of several recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday. Citigroup raised their price target on Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a report on Friday, April 24th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Robert W. Baird raised their price target on Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Barclays raised their price target on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $234.89.

Hedge Funds Weigh In On Ryder System

Several hedge funds and other institutional investors have recently bought and sold shares of R. Norges Bank acquired a new position in Ryder System during the fourth quarter worth $111,168,000. JPMorgan Chase & Co. increased its position in Ryder System by 326.8% during the fourth quarter. JPMorgan Chase & Co. now owns 705,037 shares of the transportation company’s stock worth $134,937,000 after buying an additional 539,854 shares in the last quarter. Orbis Allan Gray Ltd increased its position in Ryder System by 107.3% during the fourth quarter. Orbis Allan Gray Ltd now owns 974,620 shares of the transportation company’s stock worth $186,533,000 after buying an additional 504,404 shares in the last quarter. First Trust Advisors LP increased its position in Ryder System by 81.5% during the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock worth $206,822,000 after buying an additional 453,697 shares in the last quarter. Finally, AQR Capital Management LLC increased its position 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 in the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

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.