SG Americas Securities LLC Buys 17,961 Shares of Ryder System, Inc. $R

SG Americas Securities LLC grew its stake in shares of Ryder System, Inc. (NYSE:R) by 281.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,345 shares of the transportation company’s stock after buying an additional 17,961 shares during the period. SG Americas Securities LLC’s holdings in Ryder System were worth $4,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada grew its stake in Ryder System by 52.8% during the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after acquiring an additional 5,448 shares in the last quarter. Focus Partners Wealth increased its holdings 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 acquiring an additional 135 shares during the last quarter. Geneos Wealth Management Inc. lifted 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 worth $41,000 after purchasing an additional 109 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Ryder System by 10.2% during 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 during the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of Ryder System by 10.9% during 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 during the last quarter. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Performance

Shares of NYSE:R opened at $265.51 on Tuesday. The firm has a fifty day simple moving average of $251.02 and a two-hundred day simple moving average of $219.35. Ryder System, Inc. has a 52 week low of $157.67 and a 52 week high of $284.25. 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 stock has a market capitalization of $10.27 billion, a P/E ratio of 22.07 and a beta of 1.01.

Ryder System (NYSE:R) last announced its earnings results 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. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same period in the prior year, the company earned $2.46 EPS. The business’s revenue was down .2% compared to the same quarter last year. 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. On average, analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

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

Insider Buying and Selling

In other news, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This trade represents a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the transaction, the director 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. The SEC filing for this sale provides additional information. Corporate insiders own 4.90% of the company’s stock.

Analysts Set New Price Targets

R has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. 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. Citigroup raised their price target on Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, Robert W. Baird upped their price objective on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Seven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.44.

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.