Ryder System, Inc. (NYSE:R – Get 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:R – Get 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
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.
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
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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