Royce & Associates LP Boosts Stock Holdings in Ryder System, Inc. $R

Royce & Associates LP increased its position in Ryder System, Inc. (NYSE:R) by 131.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,790 shares of the transportation company’s stock after acquiring an additional 14,670 shares during the period. Royce & Associates LP owned about 0.06% of Ryder System worth $4,865,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new position in shares of Ryder System in the third quarter worth $28,000. Assetmark Inc. boosted its position in shares of Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after buying an additional 135 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Ryder System by 770.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 174 shares of the transportation company’s stock worth $28,000 after buying an additional 154 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Ryder System by 237.0% in the 2nd 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 during the last quarter. Finally, MAI Capital Management lifted its stake in Ryder System by 57.6% during the 2nd quarter. MAI Capital Management now owns 186 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 68 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Ryder System news, SVP Sanford J. Hodes sold 10,527 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $210.16, for a total value of $2,212,354.32. Following the completion of the transaction, the senior vice president directly owned 23,954 shares in the company, valued at $5,034,172.64. This represents a 30.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert E. Sanchez sold 41,779 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the completion of the sale, the chief executive officer directly owned 40,828 shares of the company’s stock, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 130,673 shares of company stock worth $28,233,471. 5.20% of the stock is currently owned by corporate insiders.

Ryder System Trading Up 0.8%

Shares of Ryder System stock opened at $214.62 on Thursday. The company’s fifty day simple moving average is $203.06 and its 200-day simple moving average is $188.79. The stock has a market capitalization of $8.46 billion, a PE ratio of 17.93 and a beta of 0.93. Ryder System, Inc. has a 1-year low of $125.54 and a 1-year high of $230.38. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.89 and a quick ratio of 0.89.

Ryder System (NYSE:R) last posted its quarterly earnings data on Wednesday, February 11th. The transportation company reported $3.59 EPS for the quarter, missing the consensus estimate of $3.66 by ($0.07). The company 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%.The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the company earned $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. As a group, equities analysts anticipate that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.64 annualized dividend and a dividend yield of 1.7%. Ryder System’s dividend payout ratio (DPR) is 30.41%.

Analysts Set New Price Targets

A number of brokerages have recently commented on R. Wolfe Research reiterated a “peer perform” rating on shares of Ryder System in a research note on Thursday, January 8th. Morgan Stanley raised their target price on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Susquehanna boosted 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. Wells Fargo & Company increased their price target on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $215.44.

Ryder System 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.