Ryder System (NYSE:R) SVP Sanford Hodes Sells 595 Shares

Ryder System, Inc. (NYSE:R) SVP Sanford Hodes sold 595 shares of the company’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 owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Ryder System Stock Performance

Shares of R opened at $250.41 on Friday. 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 business has a 50-day simple moving average of $225.93 and a two-hundred day simple moving average of $205.15. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of 20.82 and a beta of 1.04. Ryder System, Inc. has a 52 week low of $143.34 and a 52 week high of $259.00.

Ryder System (NYSE:R) last released its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.46 earnings per share. 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 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 paid a $0.91 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.5%. Ryder System’s dividend payout ratio is 30.26%.

Analyst Ratings Changes

R has been the subject of a number of recent analyst reports. Robert W. Baird upped their price objective on Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Susquehanna upped their price objective on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Wells Fargo & Company upped their price objective on Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. upped 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, Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Ryder System presently has a consensus rating of “Moderate Buy” and an average price target of $234.89.

Hedge Funds Weigh In On Ryder System

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in R. Orion Porfolio Solutions LLC grew its position in Ryder System by 2.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock valued at $433,000 after buying an additional 52 shares during the period. Quantum Portfolio Management LLC grew its position in Ryder System by 2.1% during the first quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock valued at $525,000 after buying an additional 52 shares during the period. Corient Private Wealth LLC grew its position in Ryder System by 0.8% during the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after buying an additional 58 shares during the period. Vectors Research Management LLC grew its position in Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after buying an additional 61 shares during the period. Finally, Burns Matteson Capital Management LLC grew its position in Ryder System by 2.4% during the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock valued at $509,000 after buying an additional 63 shares during the period. 87.47% of the stock is owned by 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.