Dimensional Fund Advisors LP Has $332 Million Stock Position in Ryder System, Inc. $R

Dimensional Fund Advisors LP increased its holdings in Ryder System, Inc. (NYSE:R) by 0.4% in the 1st quarter, Holdings Channel reports. The fund owned 1,621,947 shares of the transportation company’s stock after purchasing an additional 6,652 shares during the period. Dimensional Fund Advisors LP’s holdings in Ryder System were worth $331,996,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in shares of Ryder System by 52.8% in the 1st quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after purchasing an additional 5,448 shares during the period. Focus Partners Wealth boosted its holdings in shares of Ryder System by 7.9% during the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock worth $266,000 after purchasing an additional 135 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Ryder System by 10.2% during the second 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 in the last quarter. Finally, M&T Bank Corp increased its stake in Ryder System by 10.9% in the 2nd quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock valued at $343,000 after buying an additional 212 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on R. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Wells Fargo & Company increased their price objective on Ryder System from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. Citizens Jmp began coverage on Ryder System in a research report on Wednesday, July 15th. They set a “market perform” rating for the company. Robert W. Baird lifted their price objective on Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Finally, Barclays boosted their target price on Ryder System from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $265.00.

Ryder System Price Performance

NYSE R opened at $274.83 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. The stock has a market capitalization of $10.63 billion, a PE ratio of 22.85 and a beta of 1.01. Ryder System, Inc. has a 12-month low of $157.67 and a 12-month high of $284.25. The company has a 50 day moving average price of $259.83 and a two-hundred day moving average price of $227.61.

Ryder System (NYSE:R) last announced its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. Ryder System’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.46 EPS. 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, equities analysts predict that Ryder System, Inc. will post 14.73 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be given a dividend of $1.01 per share. The ex-dividend date of this dividend is Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a yield of 1.5%. Ryder System’s dividend payout ratio (DPR) is currently 33.58%.

Insider Activity

In other Ryder System news, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was 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 in the company, valued at $7,067,569.46. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction dated 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 represents a 2.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is owned by company insiders.

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.