Ryder System (NYSE:R) Price Target Raised to $296.00 at JPMorgan Chase & Co.

Ryder System (NYSE:R) had its price target increased by JPMorgan Chase & Co. from $259.00 to $296.00 in a research note released on Friday morning,Benzinga reports. The firm currently has a neutral rating on the transportation company’s stock.

A number of other research analysts have also issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Stephens upgraded Ryder System to a “strong-buy” rating in a research note on Wednesday, July 8th. Citigroup lowered shares of Ryder System from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 15th. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Robert W. Baird lifted their price target 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. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ryder System presently has a consensus rating of “Moderate Buy” and an average target price of $279.88.

Ryder System Trading Down 0.1%

NYSE R opened at $267.72 on Friday. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.68 and a current ratio of 1.29. The firm has a market cap of $10.36 billion, a price-to-earnings ratio of 21.78 and a beta of 1.01. The firm has a 50 day simple moving average of $262.32 and a 200-day simple moving average of $229.01. Ryder System has a one year low of $157.67 and a one year high of $284.25.

Ryder System (NYSE:R) last released its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. During the same period in the prior year, the business earned $3.32 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. 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. Equities research analysts anticipate that Ryder System will post 14.73 EPS for the current fiscal year.

Ryder System Increases Dividend

The company also recently declared 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. The ex-dividend date is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a yield of 1.5%. This is a boost from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s dividend payout ratio (DPR) is 32.87%.

Insider Activity 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 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 of the company’s stock, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the sale, the director 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 disclosure for this sale is available in the SEC filing. Insiders own 4.90% of the company’s stock.

Institutional Investors Weigh In On Ryder System

Several hedge funds have recently made changes to their positions in R. Calamos Wealth Management LLC acquired a new position in shares of Ryder System in the fourth quarter valued at approximately $1,408,000. Oak Thistle LLC acquired a new position in Ryder System in the 4th quarter valued at $903,000. AE Wealth Management LLC raised its position in Ryder System by 27.2% during the 4th quarter. AE Wealth Management LLC now owns 179,184 shares of the transportation company’s stock worth $34,294,000 after buying an additional 38,286 shares during the last quarter. NewEdge Wealth LLC lifted its stake in shares of Ryder System by 2.9% in the 4th quarter. NewEdge Wealth LLC now owns 250,334 shares of the transportation company’s stock worth $47,911,000 after acquiring an additional 6,952 shares during the period. Finally, Braun Stacey Associates Inc. purchased a new stake in shares of Ryder System in the first quarter valued at about $12,189,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System News Summary

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.