Citigroup Issues Positive Forecast for Ryder System (NYSE:R) Stock Price

Ryder System (NYSE:R) had its price target boosted by Citigroup from $280.00 to $283.00 in a report issued on Friday,Benzinga reports. Citigroup currently has a neutral rating on the transportation company’s stock.

Several other equities analysts have also weighed in on R. JPMorgan Chase & Co. lifted their target price on shares of Ryder System from $259.00 to $296.00 and gave the company a “neutral” rating in a report on Friday. Robert W. Baird raised their price target on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Zacks Research cut shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Stephens upgraded shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Citizens Jmp began coverage on shares of Ryder System in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five 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 a consensus target price of $279.88.

Ryder System Stock Performance

NYSE R opened at $267.72 on Friday. The stock has a 50-day simple moving average of $262.32 and a two-hundred day simple moving average of $229.01. The firm has a market capitalization of $10.36 billion, a P/E ratio of 21.78 and a beta of 1.01. Ryder System has a fifty-two week low of $157.67 and a fifty-two week high of $284.25. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.68 and a current ratio of 1.29.

Ryder System (NYSE:R) last issued its earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.32 earnings per share. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. On average, equities analysts forecast that Ryder System will post 14.73 earnings per share for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be issued a $1.01 dividend. This is a boost from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s payout ratio is 32.87%.

Insider Buying and Selling at Ryder System

In other news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the sale, the director directly owned 29,974 shares in the company, valued at $7,067,569.46. This represents a 2.35% decrease in their position. The SEC filing for this sale provides additional information. 4.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Ryder System

Hedge funds have recently made changes to their positions in the company. Cedar Mountain Advisors LLC increased its stake in Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 115 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System in the fourth quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Ryder System during the fourth quarter worth $34,000. Optima Capital LLC acquired a new position in shares of Ryder System during the 4th quarter worth $39,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after buying an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System News Roundup

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

• Positive Sentiment: Ryder beat Q2 expectations, reporting adjusted EPS of $3.73 versus estimates and posting 5% revenue growth year over year, with stronger Fleet Management Solutions performance and share repurchases helping results. Ryder Reports Second Quarter 2026 Results
• Positive Sentiment: The company also raised its 2026 earnings outlook, which suggests management sees continued momentum after the quarter. Ryder System Raises 2026 Earnings Outlook on Strong Q2
• Positive Sentiment: Several analysts raised price targets after the earnings release, including Susquehanna to $310, Wells Fargo to $300, JPMorgan to $296, and Citigroup to $283, signaling improved sentiment around the stock. Analyst updates via Benzinga
• Neutral Sentiment: Despite the upgrades, most firms kept a neutral or similar stance, suggesting analysts see upside but not a major change in the overall investment case. Tickerreport.com coverage
• Negative Sentiment: Revenue came in below the headline analyst estimate cited in some reports, and Ryder’s Q3 and FY2026 EPS guidance was slightly below consensus, which may temper some of the post-earnings enthusiasm. Zacks earnings analysis

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.