Principle Wealth Partners LLC Invests $595,000 in Ryder System, Inc. $R

Principle Wealth Partners LLC bought a new stake in Ryder System, Inc. (NYSE:R) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,109 shares of the transportation company’s stock, valued at approximately $595,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kingdom Financial Group LLC. bought a new position in Ryder System in the 4th quarter valued at about $841,000. Meiji Yasuda Asset Management Co Ltd. grew its position in Ryder System by 2.9% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 32,103 shares of the transportation company’s stock valued at $6,144,000 after buying an additional 897 shares in the last quarter. Global Retirement Partners LLC grew its position in Ryder System by 3,050.0% in the 4th quarter. Global Retirement Partners LLC now owns 630 shares of the transportation company’s stock valued at $121,000 after buying an additional 610 shares in the last quarter. Mach 1 Financial Group LLC bought a new position in Ryder System in the 4th quarter valued at about $735,000. Finally, North Dakota State Investment Board bought a new position in Ryder System in the 4th quarter valued at about $269,000. Institutional investors own 87.47% of the company’s stock.

Insider Activity

In other news, COO John J. Diez sold 9,632 shares of the company’s stock in a transaction dated 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert E. Sanchez sold 41,779 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 40,828 shares in the company, valued at $9,116,892.40. This represents a 50.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,131 shares of company stock worth $11,639,250 in the last 90 days. Company insiders own 4.90% of the company’s stock.

Ryder System Price Performance

Shares of NYSE R opened at $243.92 on Friday. Ryder System, Inc. has a twelve month low of $143.34 and a twelve month high of $259.00. 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 company has a market capitalization of $9.44 billion, a price-to-earnings ratio of 20.28 and a beta of 1.04. The firm has a 50-day moving average of $220.13 and a two-hundred day moving average of $202.34.

Ryder System (NYSE:R) last issued its quarterly 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. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the prior year, the company earned $2.46 EPS. Ryder System’s revenue was down .2% on a year-over-year basis. 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. As a group, analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Robert W. Baird increased their target price on shares of Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their target price on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Citigroup upped their price target on shares of Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company upped their price target on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $234.89.

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.