Ryder System, Inc. $R Shares Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC grew its holdings in Ryder System, Inc. (NYSE:R) by 2.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 250,334 shares of the transportation company’s stock after acquiring an additional 6,952 shares during the quarter. NewEdge Wealth LLC’s holdings in Ryder System were worth $47,911,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in R. Vectors Research Management LLC lifted its stake in Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock worth $3,543,000 after purchasing an additional 61 shares during the last quarter. Denali Advisors LLC purchased a new position in Ryder System in the fourth quarter valued at approximately $329,000. Crossmark Global Holdings Inc. increased its stake in Ryder System by 32.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,493 shares of the transportation company’s stock valued at $860,000 after purchasing an additional 1,093 shares during the last quarter. Ethic Inc. raised its holdings in Ryder System by 4.5% during the fourth quarter. Ethic Inc. now owns 11,834 shares of the transportation company’s stock worth $2,265,000 after purchasing an additional 509 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Ryder System by 17.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,958 shares of the transportation company’s stock worth $566,000 after buying an additional 442 shares during the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Insider Buying and Selling

In other news, SVP Sanford J. Hodes sold 10,527 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $210.16, for a total value of $2,212,354.32. Following the transaction, the senior vice president owned 23,954 shares of the company’s stock, valued at approximately $5,034,172.64. The trade was a 30.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rajeev Ravindran sold 14,367 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $211.73, for a total value of $3,041,924.91. Following the sale, the executive vice president owned 20,832 shares of the company’s stock, valued at $4,410,759.36. This trade represents a 40.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 131,393 shares of company stock worth $28,403,240. 4.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Susquehanna upped their target price on Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Barclays boosted their price objective on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $234.89.

Ryder System Trading Down 1.2%

NYSE R opened at $238.80 on Friday. The firm’s fifty day moving average is $215.30 and its two-hundred day moving average is $197.81. Ryder System, Inc. has a one year low of $143.34 and a one year high of $259.00. 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 firm has a market cap of $9.24 billion, a PE ratio of 19.85 and a beta of 1.04.

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, topping the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Dividend Announcement

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

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.