Decker Wealth Management LLC acquired a new stake in Ryder System, Inc. (NYSE:R – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,759 shares of the transportation company’s stock, valued at approximately $5,683,000. Decker Wealth Management LLC owned about 0.07% of Ryder System at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Quantum Portfolio Management LLC increased its position in Ryder System by 2.1% in the first quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock worth $525,000 after buying an additional 52 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of Ryder System by 2.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock valued at $433,000 after buying an additional 52 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Ryder System by 0.8% during the 4th quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock worth $1,404,000 after acquiring an additional 58 shares during the period. Vectors Research Management LLC grew its stake in shares of Ryder System by 0.3% during the 4th quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock worth $3,543,000 after acquiring an additional 61 shares during the period. Finally, Burns Matteson Capital Management LLC increased its holdings in Ryder System by 2.4% in the 4th quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock worth $509,000 after acquiring an additional 63 shares during the last quarter. 87.47% of the stock is owned by institutional investors.
Insider Buying and Selling at Ryder System
In related news, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the transaction, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the sale, the director directly owned 29,974 shares in the company, valued at approximately $7,067,569.46. The trade was a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Read Our Latest Research Report on Ryder System
Ryder System Stock Performance
Ryder System stock opened at $272.40 on Monday. The firm’s 50 day simple moving average is $258.17 and its 200 day simple moving average is $226.49. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09. The firm has a market capitalization of $10.54 billion, a PE ratio of 22.64 and a beta of 1.01. Ryder System, Inc. has a 1-year low of $157.67 and a 1-year high of $284.25.
Ryder System (NYSE:R – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.29 by $0.25. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the firm 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. As a group, analysts expect that Ryder System, Inc. will post 14.73 earnings per share for the current fiscal year.
Ryder System Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be paid a dividend of $1.01 per share. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s dividend payout ratio is 30.26%.
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.
Recommended Stories
- Five stocks we like better than Ryder System
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Want to see what other hedge funds are holding R? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryder System, Inc. (NYSE:R – Free Report).
Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.com's FREE daily email newsletter.
