Algert Global LLC Boosts Position in Ryder System, Inc. $R

Algert Global LLC increased its position in Ryder System, Inc. (NYSE:R) by 79.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,715 shares of the transportation company’s stock after acquiring an additional 29,540 shares during the quarter. Algert Global LLC owned about 0.17% of Ryder System worth $12,585,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In related news, insider Thomas M. Havens sold 12,571 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the completion of the sale, the insider directly owned 33,074 shares in the company, valued at $7,330,852.10. This represents a 27.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Sanford J. Hodes sold 10,527 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $210.16, for a total value of $2,212,354.32. Following the transaction, the senior vice president owned 23,954 shares in the company, valued at approximately $5,034,172.64. The trade was a 30.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 130,673 shares of company stock valued at $28,233,471 over the last three months. 5.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on R. Citigroup upped their target price on Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Morgan Stanley lifted their price target on Ryder System from $190.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Wolfe Research restated a “peer perform” rating on shares of Ryder System in a research report on Thursday, January 8th. Finally, Susquehanna raised their target price on shares of Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research note on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $215.44.

Ryder System Trading Up 0.6%

NYSE R opened at $188.05 on Monday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.24. The stock’s 50-day simple moving average is $203.54 and its two-hundred day simple moving average is $189.55. Ryder System, Inc. has a twelve month low of $125.54 and a twelve month high of $230.38. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 15.71 and a beta of 0.93.

Ryder System (NYSE:R) last posted 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). The firm had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $3.21 billion. Ryder System had a return on equity of 17.70% and a net margin of 3.95%.Ryder System’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.45 earnings per share. 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. Research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, February 17th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, February 17th. Ryder System’s dividend payout ratio (DPR) is presently 30.41%.

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.