Total Wealth Planning & Management Inc. Invests $508,000 in Ryder System, Inc. $R

Total Wealth Planning & Management Inc. purchased a new position in shares of Ryder System, Inc. (NYSE:R) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,654 shares of the transportation company’s stock, valued at approximately $508,000.

Several other hedge funds have also modified their holdings of R. Norges Bank acquired a new stake in shares of Ryder System in the fourth quarter worth approximately $111,168,000. AQR Capital Management LLC boosted its position in shares of Ryder System by 53.3% in the third quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock worth $134,855,000 after acquiring an additional 250,432 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Ryder System by 369.4% in the third quarter. BNP Paribas Financial Markets now owns 196,968 shares of the transportation company’s stock worth $37,156,000 after acquiring an additional 155,007 shares during the last quarter. Orbis Allan Gray Ltd boosted its position in shares of Ryder System by 15.4% in the second quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after acquiring an additional 134,423 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in shares of Ryder System by 294.5% in the second quarter. Treasurer of the State of North Carolina now owns 160,242 shares of the transportation company’s stock worth $25,478,000 after acquiring an additional 119,618 shares during the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ryder System

In other news, Director Luis P. Nieto, Jr. sold 720 shares of the business’s stock in a transaction on Monday, May 4th. The shares were 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. The trade was a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the transaction, the senior vice president directly owned 22,948 shares in the company, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.90% of the stock is owned by corporate insiders.

Ryder System Price Performance

Ryder System stock opened at $265.26 on Friday. Ryder System, Inc. has a 52-week low of $146.74 and a 52-week high of $265.59. The firm has a fifty day moving average of $230.94 and a 200-day moving average of $207.91. The firm has a market capitalization of $10.26 billion, a P/E ratio of 22.05 and a beta of 1.01. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09.

Ryder System (NYSE:R) last released 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. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the prior year, the business earned $2.46 earnings per share. The business’s quarterly 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. As a group, analysts predict that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Dividend Announcement

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

Analysts Set New Price Targets

R has been the topic of several research analyst reports. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Susquehanna raised their target price on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. Barclays raised their target price on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Ryder System currently has a consensus rating of “Moderate Buy” and an average price target of $234.89.

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.