Ryder System, Inc. (NYSE:R - Get Free Report) Director Luis Nieto, Jr. sold 720 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 29,974 shares of the company's stock, valued at $7,067,569.46. This trade represents a 2.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Ryder System Stock Up 3.1%
Shares of NYSE:R opened at $240.20 on Wednesday. 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, Inc. has a 52-week low of $139.77 and a 52-week high of $259.00. The company has a 50 day moving average of $214.49 and a two-hundred day moving average of $196.98. The company has a market capitalization of $9.29 billion, a price-to-earnings ratio of 19.97 and a beta of 1.04.
Ryder System (NYSE:R - Get Free Report) last issued 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. 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 the consensus estimate of $3.11 billion. During the same quarter last year, the company earned $2.46 earnings per share. Ryder System's revenue for the quarter was down .2% on a year-over-year basis. 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 forecast that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.
Ryder System Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System's dividend payout ratio is presently 30.26%.
Hedge Funds Weigh In On Ryder System
Several large investors have recently added to or reduced their stakes in the company. SteelPeak Wealth LLC bought a new position in Ryder System during the first quarter worth $210,000. Illinois Municipal Retirement Fund lifted its stake in Ryder System by 4.0% during the first quarter. Illinois Municipal Retirement Fund now owns 4,974 shares of the transportation company's stock worth $1,018,000 after purchasing an additional 193 shares during the last quarter. Three Seasons Wealth LLC bought a new position in Ryder System during the first quarter worth $232,000. Calamos Advisors LLC bought a new position in Ryder System during the first quarter worth $1,352,000. Finally, Principal Financial Group Inc. lifted its stake in Ryder System by 1.4% during the first quarter. Principal Financial Group Inc. now owns 88,034 shares of the transportation company's stock worth $18,021,000 after purchasing an additional 1,191 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
R has been the subject of a number of recent analyst reports. Wolfe Research reissued a "peer perform" rating on shares of Ryder System in a research report on Thursday, January 8th. JPMorgan Chase & Co. raised their price target 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. Barclays raised their price target 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. Wall Street Zen raised shares of Ryder System from a "hold" rating to a "buy" rating in a research report on Saturday, April 25th. Finally, Zacks Research raised shares of Ryder System from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Ryder System has a consensus rating of "Moderate Buy" and a consensus target price of $234.89.
Check Out Our Latest Analysis on Ryder System
Ryder System News Roundup
Here are the key news stories impacting Ryder System this week:
About Ryder System
(
Get Free Report)
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.
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