Ryder System, Inc. (NYSE:R – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $190.94 and traded as high as $206.96. Ryder System shares last traded at $205.8650, with a volume of 260,487 shares.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on R. Wolfe Research reiterated a “peer perform” rating on shares of Ryder System in a report on Thursday, January 8th. 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Citigroup increased their price objective on Ryder System from $218.00 to $245.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Wells Fargo & Company increased their price objective on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and a consensus price target of $215.44.
Read Our Latest Stock Report on Ryder System
Ryder System Stock Down 0.0%
Ryder System (NYSE:R – Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The transportation company reported $3.59 EPS for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07). The firm had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $3.21 billion. Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The business’s revenue was down .4% compared to the same quarter last year. During the same period last 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. As a group, research analysts forecast that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.
Ryder System Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, February 17th. Ryder System’s dividend payout ratio is 30.41%.
Insider Activity at Ryder System
In other news, SVP Sanford J. Hodes sold 10,527 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $210.16, for a total transaction of $2,212,354.32. Following the transaction, the senior vice president owned 23,954 shares of the company’s stock, valued at $5,034,172.64. This represents a 30.53% decrease in their position. The transaction 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 stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $211.73, for a total transaction of $3,041,924.91. Following the transaction, the executive vice president directly owned 20,832 shares in the company, valued at $4,410,759.36. This trade represents a 40.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 130,673 shares of company stock worth $28,233,471. 4.90% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Ryder System
A number of institutional investors and hedge funds have recently made changes to their positions in R. Royal Bank of Canada boosted its position in shares of Ryder System by 52.8% during the 1st quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock worth $2,267,000 after purchasing an additional 5,448 shares in the last quarter. Focus Partners Wealth lifted its position in Ryder System by 7.9% in the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after acquiring an additional 135 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 109 shares in the last quarter. XTX Topco Ltd bought a new position in Ryder System in the 2nd quarter valued at about $264,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Ryder System by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock valued at $189,000 after acquiring an additional 110 shares in the last quarter. Institutional investors own 87.47% of the company’s stock.
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.
Further Reading
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