First Trust Advisors LP Sells 206,018 Shares of Ryder System, Inc. $R

First Trust Advisors LP cut its position in shares of Ryder System, Inc. (NYSE:R) by 26.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 587,509 shares of the transportation company’s stock after selling 206,018 shares during the quarter. First Trust Advisors LP owned 1.46% of Ryder System worth $110,828,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in shares of Ryder System in the 3rd quarter worth approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Ryder System by 237.0% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 182 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 128 shares during the period. MAI Capital Management increased its position in shares of Ryder System by 57.6% during the second quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 68 shares during the period. Assetmark Inc. raised its stake in shares of Ryder System by 421.9% in the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 135 shares in the last quarter. Finally, Employees Retirement System of Texas bought a new position in Ryder System in the second quarter worth $35,000. 87.47% of the stock is currently owned by institutional investors.

Insider Transactions at Ryder System

In other Ryder System news, insider Thomas M. Havens sold 12,571 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the sale, the insider directly owned 33,074 shares of the company’s stock, valued at approximately $7,330,852.10. This represents a 27.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert E. Sanchez sold 41,779 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the sale, the chief executive officer directly owned 40,828 shares of the company’s stock, valued at approximately $9,116,892.40. The trade was a 50.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 130,673 shares of company stock valued at $28,233,471. 5.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

R has been the topic of a number of recent research reports. Susquehanna lifted their price target on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Citigroup increased their price objective on shares of Ryder System from $218.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company increased their price target 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 equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Ryder System currently has an average rating of “Moderate Buy” and an average price target of $215.44.

Ryder System Stock Performance

Shares of NYSE:R opened at $198.79 on Monday. 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 business’s fifty day moving average price is $203.36 and its two-hundred day moving average price is $189.21. Ryder System, Inc. has a fifty-two week low of $125.54 and a fifty-two week high of $230.38. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 16.61 and a beta of 0.93.

Ryder System (NYSE:R) last issued its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $3.21 billion. During the same period in the previous year, the business posted $3.45 earnings per share. The firm’s revenue was down .4% compared to the same quarter last year. 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. As a group, analysts predict that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, February 17th will be given a $0.91 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a yield of 1.8%. Ryder System’s payout ratio is 30.41%.

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.