Robert W. Baird Forecasts Strong Price Appreciation for Ryder System (NYSE:R) Stock

Ryder System (NYSE:R) had its target price hoisted by equities researchers at Robert W. Baird from $202.00 to $253.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the transportation company’s stock. Robert W. Baird’s price target would suggest a potential downside of 0.01% from the stock’s previous close.

R has been the topic of several other reports. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. Susquehanna lifted their target price on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. 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. Finally, Citigroup dropped their price objective on Ryder System from $245.00 to $239.00 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.89.

Ryder System Stock Up 4.3%

Shares of R opened at $253.02 on Friday. The company has a market capitalization of $9.97 billion, a PE ratio of 21.03 and a beta of 0.93. Ryder System has a 12 month low of $133.73 and a 12 month high of $254.16. The stock’s 50-day moving average price is $211.70 and its two-hundred day moving average price is $194.60. The company has a current ratio of 1.27, a quick ratio of 0.89 and a debt-to-equity ratio of 2.69.

Ryder System (NYSE:R) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate 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 period in the previous year, the business earned $2.46 EPS. 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 anticipate that Ryder System will post 14.23 EPS for the current year.

Insider Buying and Selling

In other news, Director E Follin Smith sold 32,230 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $207.61, for a total value of $6,691,270.30. Following the transaction, the director directly owned 1,549 shares of the company’s stock, valued at $321,587.89. The trade was a 95.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Rajeev Ravindran sold 14,367 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $211.73, for a total value of $3,041,924.91. Following the completion of the transaction, the executive vice president directly owned 20,832 shares in the company, valued at $4,410,759.36. This represents a 40.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 130,673 shares of company stock worth $28,233,471 over the last three months. Insiders own 4.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Allianz Asset Management GmbH increased its position in Ryder System by 254.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock valued at $6,571,000 after buying an additional 24,996 shares in the last quarter. Thrivent Financial for Lutherans increased its position in Ryder System by 76.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock valued at $12,628,000 after buying an additional 29,029 shares in the last quarter. Asset Management One Co. Ltd. bought a new stake in Ryder System in the 3rd quarter valued at about $3,495,000. American Century Companies Inc. increased its position in Ryder System by 1.1% in the 3rd quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock valued at $163,675,000 after buying an additional 9,404 shares in the last quarter. Finally, New York State Common Retirement Fund increased its position in Ryder System by 9.7% in the 3rd quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock valued at $5,992,000 after buying an additional 2,800 shares in the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Ryder System News Summary

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Citigroup raised its price target to $276 and maintained a Buy rating — the largest analyst upside and a clear vote of confidence supporting the rally. Citigroup PT Raise
• Positive Sentiment: Ryder reported Q1 EPS of $2.54, beating estimates, and management raised its FY 2026 adjusted EPS outlook — a core catalyst for the bullish move. Zacks Q1 Earnings Beat
• Positive Sentiment: Earnings call highlights pointed to strong used-vehicle sales and favorable port-to-door logistics performance, helping margins and cash generation — positive operational signs for future free cash flow. Yahoo Earnings Call Highlights
• Positive Sentiment: Company press release and slide deck confirm the beat and the raised FY guidance (EPS range 14.05–14.80), which supports upward revisions to valuation models. BusinessWire Q1 Results
• Neutral Sentiment: Multiple brokerages updated targets after the print — Barclays to $250 (Overweight), JPMorgan to $250 (Neutral) and Robert W. Baird to $253 (Outperform) — these lifts signal analyst support but some targets still sit near or below the current market price. Analyst PT Raises
• Neutral Sentiment: Extensive coverage (earnings call transcript, presentation, and analyst notes) provides detail for investors to re-evaluate models; implications depend on how traders weigh EPS beats vs revenue softness. Earnings Call Transcript
• Negative Sentiment: Total revenue missed consensus (reported ~$2.57B vs. ~$3.11B est.), which tempers the headline beat and is a reason some analysts remain cautious. MarketBeat Revenue Details

About Ryder System

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.