Ryder System, Inc. $R Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in Ryder System, Inc. (NYSE:R) by 14.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,885 shares of the transportation company’s stock after acquiring an additional 2,350 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Ryder System were worth $3,614,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH increased its stake in shares of Ryder System by 254.1% in the third quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock worth $6,571,000 after acquiring an additional 24,996 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Ryder System by 76.6% in the third quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock worth $12,628,000 after acquiring an additional 29,029 shares during the period. American Century Companies Inc. boosted its holdings in Ryder System by 1.1% during the third quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock worth $163,675,000 after buying an additional 9,404 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in Ryder System by 9.7% during the third quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock worth $5,992,000 after buying an additional 2,800 shares in the last quarter. Finally, Calamos Wealth Management LLC purchased a new stake in Ryder System during the fourth quarter worth $1,408,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Stock Performance

R opened at $230.80 on Friday. 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 company has a market cap of $8.93 billion, a price-to-earnings ratio of 19.19 and a beta of 1.04. Ryder System, Inc. has a 52-week low of $143.34 and a 52-week high of $259.00. The firm’s fifty day simple moving average is $216.42 and its two-hundred day simple moving average is $199.81.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion for 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 company’s revenue was down .2% compared to the same quarter last year. During the same period last year, the firm 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 earnings per share for the current fiscal year.

Ryder System Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is presently 30.26%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Zacks Research raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. increased their price target on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Citigroup increased their price target on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company increased their price target on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $234.89.

Insider Transactions at Ryder System

In other news, insider Thomas M. Havens sold 12,571 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total value of $2,786,362.15. Following the transaction, the insider directly owned 33,074 shares of the company’s stock, valued at approximately $7,330,852.10. This trade represents a 27.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Sanford J. Hodes sold 10,527 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $210.16, for a total transaction of $2,212,354.32. Following the completion of the transaction, the senior vice president directly owned 23,954 shares in the company, valued at approximately $5,034,172.64. This represents a 30.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 77,925 shares of company stock valued at $17,235,427. Company insiders own 4.90% of the company’s stock.

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.