Envestnet Asset Management Inc. Sells 2,377 Shares of Ryder System, Inc. $R

Envestnet Asset Management Inc. trimmed its position in shares of Ryder System, Inc. (NYSE:R) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,076 shares of the transportation company’s stock after selling 2,377 shares during the period. Envestnet Asset Management Inc. owned 0.19% of Ryder System worth $14,540,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in Ryder System during the second quarter valued at about $103,814,000. First Trust Advisors LP raised its stake in Ryder System by 21.8% during the 2nd quarter. First Trust Advisors LP now owns 793,527 shares of the transportation company’s stock valued at $126,171,000 after purchasing an additional 141,872 shares during the period. Orbis Allan Gray Ltd raised its stake in Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock valued at $159,856,000 after purchasing an additional 134,423 shares during the period. Treasurer of the State of North Carolina lifted its holdings in Ryder System by 294.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 160,242 shares of the transportation company’s stock worth $25,478,000 after purchasing an additional 119,618 shares in the last quarter. Finally, Bahl & Gaynor Inc. grew its holdings in Ryder System by 149.0% during the 2nd quarter. Bahl & Gaynor Inc. now owns 145,700 shares of the transportation company’s stock valued at $23,166,000 after buying an additional 87,197 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Price Performance

R stock opened at $213.76 on Tuesday. Ryder System, Inc. has a 1 year low of $125.54 and a 1 year high of $230.38. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $8.43 billion, a PE ratio of 17.86 and a beta of 0.96. The business has a 50 day simple moving average of $196.49 and a 200-day simple moving average of $185.31.

Ryder System (NYSE:R) last released its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). Ryder System had a return on equity of 17.70% and a net margin of 3.95%.The company had revenue of $2.60 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same period last year, the firm posted $3.45 EPS. The business’s quarterly revenue was down .4% on a year-over-year basis. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. Equities research analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.64 annualized dividend and a dividend yield of 1.7%. Ryder System’s dividend payout ratio is 30.41%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Ryder System from $194.00 to $197.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Susquehanna lifted their price target on shares of Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a report on Friday. Citigroup boosted their price target on shares of Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday. Morgan Stanley raised their price objective on Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Finally, Wells Fargo & Company lifted their target price on Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $215.44.

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.