3,838 Shares in Ryder System, Inc. $R Bought by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC bought a new position in Ryder System, Inc. (NYSE:R) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 3,838 shares of the transportation company’s stock, valued at approximately $735,000.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp increased its stake in Ryder System by 0.4% in the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after purchasing an additional 7,447 shares during the period. Orbis Allan Gray Ltd increased its stake in Ryder System by 15.4% in the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after purchasing an additional 134,423 shares during the period. Bank of America Corp DE increased its stake in Ryder System by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company’s stock worth $157,111,000 after purchasing an additional 62,313 shares during the period. Sei Investments Co. increased its stake in Ryder System by 3.5% in the 3rd quarter. Sei Investments Co. now owns 883,338 shares of the transportation company’s stock worth $166,633,000 after purchasing an additional 30,144 shares during the period. Finally, American Century Companies Inc. increased its stake in Ryder System by 1.1% in the 3rd quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock worth $163,675,000 after purchasing an additional 9,404 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Susquehanna lifted their price target on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Citigroup boosted their price objective on shares of Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company boosted their price objective on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. upped their price objective on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ryder System currently has an average rating of “Moderate Buy” and an average price target of $234.89.

Insider Activity at Ryder System

In related news, CEO Robert E. Sanchez sold 41,779 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the transaction, the chief executive officer owned 40,828 shares in the company, valued at $9,116,892.40. The trade was a 50.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO John J. Diez sold 9,632 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $222.20, for a total transaction of $2,140,230.40. Following the transaction, the chief operating officer owned 183,810 shares in the company, valued at $40,842,582. This represents a 4.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 52,131 shares of company stock worth $11,639,250 over the last 90 days. 4.90% of the stock is owned by company insiders.

Ryder System Price Performance

R opened at $238.90 on Friday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. Ryder System, Inc. has a 52-week low of $143.34 and a 52-week high of $259.00. The stock has a market capitalization of $9.24 billion, a PE ratio of 19.86 and a beta of 1.04. The stock’s 50 day moving average price is $219.14 and its 200-day moving average price is $202.04.

Ryder System (NYSE:R) last posted its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same period in the previous year, the firm earned $2.46 earnings per share. The business’s revenue was down .2% compared to the same quarter last year. 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. On average, equities research analysts predict that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Monday, May 18th will be given a dividend of $0.91 per share. The ex-dividend date is Monday, May 18th. This represents a $3.64 annualized dividend and a dividend yield of 1.5%. Ryder System’s payout ratio is currently 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.