Kingdom Financial Group LLC. Invests $841,000 in Ryder System, Inc. $R

Kingdom Financial Group LLC. purchased a new position in Ryder System, Inc. (NYSE:R) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,394 shares of the transportation company’s stock, valued at approximately $841,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Vectors Research Management LLC boosted its position in shares of Ryder System by 0.3% in the 4th quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock worth $3,543,000 after purchasing an additional 61 shares in the last quarter. Burns Matteson Capital Management LLC boosted its position in shares of 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 purchasing an additional 63 shares in the last quarter. MAI Capital Management boosted its position in shares of Ryder System by 43.5% in the 3rd quarter. MAI Capital Management now owns 267 shares of the transportation company’s stock worth $50,000 after purchasing an additional 81 shares in the last quarter. Callan Family Office LLC raised its holdings in Ryder System by 3.2% in the 3rd quarter. Callan Family Office LLC now owns 2,694 shares of the transportation company’s stock worth $508,000 after acquiring an additional 84 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Ryder System by 6.1% in the 4th quarter. GAMMA Investing LLC now owns 1,452 shares of the transportation company’s stock worth $278,000 after acquiring an additional 84 shares during the last quarter. 87.47% of the stock is owned by institutional investors.

Ryder System Price Performance

Shares of R opened at $238.90 on Friday. The firm has a market cap of $9.24 billion, a PE ratio of 19.86 and a beta of 1.04. 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 fifty day simple moving average of $219.14 and a two-hundred day simple moving average of $202.04. Ryder System, Inc. has a 1-year low of $143.34 and a 1-year high of $259.00.

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

Ryder System Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.91 per share. The ex-dividend date is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a yield of 1.5%. Ryder System’s payout ratio is currently 30.26%.

Analyst Ratings Changes

R has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Ryder System from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company boosted their price objective on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Citigroup boosted their price objective on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Barclays boosted their price objective on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. One investment 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 stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $234.89.

Insider Buying and Selling at Ryder System

In other news, CEO Robert E. Sanchez sold 41,779 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total value of $9,329,250.70. Following the completion of the sale, the chief executive officer directly owned 40,828 shares in the company, valued at $9,116,892.40. This represents a 50.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO John J. Diez sold 9,632 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $222.20, for a total value of $2,140,230.40. Following the completion of the sale, the chief operating officer owned 183,810 shares of the company’s stock, valued at $40,842,582. This trade represents a 4.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 52,131 shares of company stock worth $11,639,250. Insiders own 4.90% of the company’s stock.

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.