Jupiter Topco LLC Makes New $46.68 Million Investment in Ryder System, Inc. $R

Jupiter Topco LLC bought a new stake in shares of Ryder System, Inc. (NYSE:R) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 176,906 shares of the transportation company’s stock, valued at approximately $46,680,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of Ryder System by 52.8% in the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock worth $2,267,000 after acquiring an additional 5,448 shares during the last quarter. Focus Partners Wealth raised its stake in Ryder System by 7.9% in the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after purchasing an additional 135 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Ryder System by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock valued at $189,000 after purchasing an additional 110 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in Ryder System by 10.9% in the 2nd quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock valued at $343,000 after purchasing an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Stock Performance

Shares of Ryder System stock opened at $247.99 on Friday. The business’s 50 day moving average price is $262.56 and its 200 day moving average price is $239.94. The company has a market cap of $9.51 billion, a price-to-earnings ratio of 20.18 and a beta of 1.02. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. Ryder System, Inc. has a one year low of $157.67 and a one year high of $284.25.

Ryder System (NYSE:R) last issued its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same period in the prior year, the business earned $3.32 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. 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. On average, research analysts predict that Ryder System, Inc. will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be issued a $1.01 dividend. This is an increase from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s payout ratio is currently 32.87%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on R shares. Citizens Jmp initiated coverage on shares of Ryder System in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Susquehanna raised their price target on shares of Ryder System from $290.00 to $310.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Wells Fargo & Company boosted their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Stephens upgraded shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Zacks Research cut shares of Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and an average price target of $294.14.

Ryder System 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.