James Investment Research Inc. Buys 2,550 Shares of Ryder System, Inc. $R

James Investment Research Inc. lifted its stake in Ryder System, Inc. (NYSE:R) by 24.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,836 shares of the transportation company’s stock after acquiring an additional 2,550 shares during the period. James Investment Research Inc.’s holdings in Ryder System were worth $2,628,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Calamos Wealth Management LLC purchased a new stake in shares of Ryder System during the fourth quarter valued at about $1,408,000. Oak Thistle LLC bought a new position in shares of Ryder System during the 4th quarter worth approximately $903,000. AE Wealth Management LLC lifted its position in Ryder System by 27.2% during the fourth quarter. AE Wealth Management LLC now owns 179,184 shares of the transportation company’s stock valued at $34,294,000 after acquiring an additional 38,286 shares during the last quarter. Fieldview Capital Management LLC acquired a new stake in Ryder System in the third quarter valued at approximately $3,416,000. Finally, NewEdge Wealth LLC grew its holdings in Ryder System by 2.9% in the fourth quarter. NewEdge Wealth LLC now owns 250,334 shares of the transportation company’s stock worth $47,911,000 after purchasing an additional 6,952 shares during the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on R. Citigroup upped their price target on Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company increased their price target on Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. JPMorgan Chase & Co. increased 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. Robert W. Baird lifted their target price on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. Finally, Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Ryder System currently has a consensus rating of “Moderate Buy” and an average target price of $260.75.

Insiders Place Their Bets

In other news, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction 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 sale, the senior vice president owned 22,948 shares in the company, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s 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 transaction, the director directly owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This trade represents a 2.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is owned by corporate insiders.

Ryder System Stock Up 0.9%

Ryder System stock opened at $266.02 on Thursday. The business’s 50-day simple moving average is $252.44 and its two-hundred day simple moving average is $220.31. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market cap of $10.29 billion, a PE ratio of 22.11 and a beta of 1.01. Ryder System, Inc. has a fifty-two week low of $157.67 and a fifty-two week high of $284.25.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations 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 for the quarter was down .2% compared to the same quarter last year. During the same period last year, the business posted $2.46 earnings per share. 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 anticipate that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Monday, May 18th were issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, May 18th. Ryder System’s dividend payout ratio is 30.26%.

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.