Capstone Investment Advisors LLC Purchases New Holdings in Ryder System, Inc. $R

Capstone Investment Advisors LLC acquired a new position in shares of Ryder System, Inc. (NYSE:R) during the 2nd quarter, Holdings Channel reports. The firm acquired 2,495 shares of the transportation company’s stock, valued at approximately $658,000.

A number of other institutional investors also recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of Ryder System during the 2nd quarter valued at approximately $1,060,749,000. Bank of America Corp DE acquired a new stake in shares of Ryder System during the second quarter worth approximately $207,689,000. Norges Bank bought a new stake in shares of Ryder System in the fourth quarter worth $111,168,000. JPMorgan Chase & Co. raised its holdings 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 acquiring an additional 539,854 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Ryder System in the second quarter valued at $136,320,000. 87.47% of the stock is owned by institutional investors and hedge funds.

Ryder System Stock Performance

Ryder System stock opened at $246.04 on Friday. The company has a market cap of $9.44 billion, a PE ratio of 20.02 and a beta of 1.02. The company has a fifty day moving average price of $262.20 and a two-hundred day moving average price of $239.98. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month 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 for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same period in the prior year, the company earned $3.32 earnings per share. The firm’s revenue was up 5.0% compared to the same quarter last year. 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. Research analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current year.

Ryder System Increases Dividend

The firm also recently announced 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 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 yield of 1.6%. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s dividend payout ratio is 32.87%.

Analyst Upgrades and Downgrades

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 Monday. Citigroup upped their target price on shares of Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Wells Fargo & Company lifted their price target on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Susquehanna boosted their price objective on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a report on Friday, July 24th. Finally, Citizens Jmp started coverage on Ryder System in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. One equities 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.14.

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.