Robert Sanchez Sells 41,779 Shares of Ryder System (NYSE:R) Stock

Ryder System, Inc. (NYSE:RGet Free Report) CEO Robert Sanchez sold 41,779 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $223.30, for a total value of $9,329,250.70. Following the transaction, the chief executive officer directly owned 40,828 shares in the company, valued at approximately $9,116,892.40. This represents a 50.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Ryder System Stock Down 0.9%

NYSE R opened at $221.18 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.24. Ryder System, Inc. has a 52 week low of $125.54 and a 52 week high of $230.38. The firm has a market capitalization of $8.72 billion, a price-to-earnings ratio of 18.48 and a beta of 0.96. The company has a fifty day moving average of $201.88 and a two-hundred day moving average of $188.01.

Ryder System (NYSE:RGet Free Report) last announced its earnings results on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing the consensus estimate of $3.66 by ($0.07). The firm had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $3.21 billion. Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The company’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.45 EPS. 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. On average, analysts predict that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, February 17th. Ryder System’s dividend payout ratio is presently 30.41%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Thursday, January 22nd. Susquehanna upped their price target on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Wolfe Research reiterated a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Citigroup boosted their price objective on shares of Ryder System from $218.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Wells Fargo & Company raised their target price on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $215.44.

View Our Latest Analysis on R

Institutional Investors Weigh In On Ryder System

Several hedge funds have recently modified their holdings of R. Virtu Financial LLC bought a new position in shares of Ryder System during the fourth quarter valued at approximately $1,622,000. Invesco Ltd. lifted its holdings in Ryder System by 3.9% during the fourth quarter. Invesco Ltd. now owns 413,493 shares of the transportation company’s stock worth $79,138,000 after buying an additional 15,404 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Ryder System by 1.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 31,867 shares of the transportation company’s stock worth $6,099,000 after buying an additional 480 shares during the period. Mackenzie Financial Corp boosted its position in Ryder System by 115.9% during the 4th quarter. Mackenzie Financial Corp now owns 36,958 shares of the transportation company’s stock valued at $7,116,000 after acquiring an additional 19,843 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of Ryder System by 17.2% in the 4th quarter. Empowered Funds LLC now owns 50,906 shares of the transportation company’s stock valued at $9,743,000 after acquiring an additional 7,485 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Company Profile

(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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