Elevated Capital Advisors LLC Sells 2,850 Shares of Ryder System, Inc. $R

Elevated Capital Advisors LLC lowered its position in shares of Ryder System, Inc. (NYSE:R) by 92.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 217 shares of the transportation company’s stock after selling 2,850 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Ryder System were worth $44,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of R. Los Angeles Capital Management LLC bought a new position in Ryder System in the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Ryder System during the 4th quarter valued at $34,000. Optima Capital LLC bought a new position in shares of Ryder System during the fourth quarter valued at about $39,000. Root Financial Partners LLC lifted its position in shares of Ryder System by 45.5% during the 1st quarter. Root Financial Partners LLC now owns 243 shares of the transportation company’s stock worth $50,000 after buying an additional 76 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its position in Ryder System by 53.8% in the fourth quarter. Clearstead Advisors LLC now owns 260 shares of the transportation company’s stock worth $50,000 after purchasing an additional 91 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on R shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Citigroup reissued a “neutral” rating and set a $280.00 price objective (up from $276.00) on shares of Ryder System in a report on Friday. Zacks Research lowered shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Robert W. Baird lifted their price objective on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $265.00.

Insider Buying and Selling

In other Ryder System news, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the completion of the transaction, the director owned 29,974 shares in the company, valued at approximately $7,067,569.46. The trade was a 2.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction dated Thursday, May 28th. The stock was 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 directly owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. This represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is currently owned by company insiders.

Ryder System Trading Down 0.2%

Shares of Ryder System stock traded down $0.43 during trading on Friday, reaching $269.20. 280,725 shares of the stock were exchanged, compared to its average volume of 377,978. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 22.38 and a beta of 1.01. Ryder System, Inc. has a 1 year low of $157.67 and a 1 year high of $284.25. The stock’s fifty day moving average is $255.62 and its 200 day moving average is $223.75.

Ryder System (NYSE:R) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the prior year, the company earned $2.46 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. 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. As a group, equities research analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a yield of 1.5%. This is a boost from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. Ryder System’s dividend payout ratio is currently 30.26%.

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.