Ryder System (NYSE:R) Sets New 12-Month High – Here’s What Happened

Ryder System, Inc. (NYSE:R)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $279.99 and last traded at $270.8480, with a volume of 442949 shares changing hands. The stock had previously closed at $276.95.

Analysts Set New Price Targets

Several research firms have recently issued reports on R. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Wells Fargo & Company lifted their price objective on shares of Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Barclays lifted their price objective on shares of Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One research 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 company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $240.89.

Ryder System Price Performance

The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market cap of $10.87 billion, a P/E ratio of 23.35 and a beta of 1.01. The stock’s 50-day simple moving average is $239.66 and its two-hundred day simple moving average is $212.17.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the previous year, the business posted $2.46 earnings per share. 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. Equities research analysts forecast that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given a dividend of $0.91 per share. The ex-dividend date is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a yield of 1.3%. Ryder System’s payout ratio is 30.26%.

Insiders Place Their Bets

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 completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is currently owned by insiders.

Institutional Trading of Ryder System

A number of large investors have recently made changes to their positions in R. Cedar Mountain Advisors LLC boosted its stake in shares of Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 115 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System during the fourth quarter valued at $31,000. Assetmark Inc. boosted its stake in shares of Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 135 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Ryder System during the fourth quarter valued at $34,000. Finally, Optima Capital LLC purchased a new stake in shares of Ryder System during the fourth quarter valued at $39,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Company 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.