Ryder System (NYSE:R) Given New $300.00 Price Target at Wells Fargo & Company

Ryder System (NYSE:R) had its price target upped by Wells Fargo & Company from $290.00 to $300.00 in a research note released on Friday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the transportation company’s stock.

A number of other analysts have also recently issued reports on the company. Citigroup cut Ryder System from a “neutral” rating to a “hold” rating in a report on Wednesday, July 15th. Susquehanna lifted their price target on shares of Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research report on Friday. Robert W. Baird boosted their price objective on shares of Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Finally, Citizens Jmp started coverage on shares of Ryder System in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $279.88.

Ryder System Stock Down 0.1%

Shares of NYSE R opened at $267.72 on Friday. The company has a quick ratio of 0.68, a current ratio of 1.29 and a debt-to-equity ratio of 2.59. The stock has a market capitalization of $10.36 billion, a PE ratio of 21.78 and a beta of 1.01. The firm has a fifty day moving average of $262.32 and a 200-day moving average of $229.01. Ryder System has a 52-week low of $157.67 and a 52-week high of $284.25.

Ryder System (NYSE:R) last issued its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating analysts’ consensus estimates of $3.69 by $0.04. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm 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, analysts anticipate that Ryder System will post 14.73 EPS for the current year.

Ryder System Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s dividend payout ratio is currently 32.87%.

Insider Transactions at Ryder System

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

Institutional Trading of Ryder System

A number of institutional investors and hedge funds have recently made changes to their positions in R. Cedar Mountain Advisors LLC boosted its position in Ryder System by 522.7% during the 1st 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. MassMutual Private Wealth & Trust FSB grew its stake in Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after buying an additional 43 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Ryder System in the fourth quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Ryder System in the fourth quarter worth $34,000. Finally, Optima Capital LLC bought a new stake in Ryder System in the fourth quarter valued at $39,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Ryder System

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

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.