Virtu Financial LLC Takes Position in Ryder System, Inc. $R

Virtu Financial LLC bought a new stake in Ryder System, Inc. (NYSE:R) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 8,477 shares of the transportation company’s stock, valued at approximately $1,622,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Ryder System in the fourth quarter valued at $111,168,000. JPMorgan Chase & Co. boosted its stake in Ryder System by 326.8% in the fourth quarter. JPMorgan Chase & Co. now owns 705,037 shares of the transportation company’s stock valued at $134,937,000 after acquiring an additional 539,854 shares in the last quarter. Orbis Allan Gray Ltd grew its holdings in shares of Ryder System by 107.3% during the fourth quarter. Orbis Allan Gray Ltd now owns 974,620 shares of the transportation company’s stock worth $186,533,000 after purchasing an additional 504,404 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Ryder System by 53.3% during the third quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock worth $134,855,000 after purchasing an additional 250,432 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Ryder System by 369.4% during the third quarter. BNP Paribas Financial Markets now owns 196,968 shares of the transportation company’s stock worth $37,156,000 after purchasing an additional 155,007 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on R. Citigroup boosted their target price on Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a report on Friday, April 24th. Barclays raised their price target on Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Wall Street Zen raised Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Wells Fargo & Company boosted their price objective on Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ryder System has a consensus rating of “Moderate Buy” and a consensus target price of $245.00.

Insiders Place Their Bets

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the transaction, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. This represents a 2.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s 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 completion of the sale, the director owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This trade represents a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 4.90% of the company’s stock.

Ryder System Stock Performance

Shares of R stock opened at $263.74 on Friday. The stock’s 50-day moving average price is $245.65 and its 200 day moving average price is $215.56. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. The stock has a market capitalization of $10.20 billion, a PE ratio of 21.92 and a beta of 1.01. Ryder System, Inc. has a 52-week low of $149.45 and a 52-week high of $284.25.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period last year, the firm earned $2.46 EPS. The firm’s revenue for the quarter 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, equities research analysts forecast 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 was paid on Friday, June 19th. Investors of record on Monday, May 18th were issued a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $3.64 annualized dividend and a dividend yield of 1.4%. Ryder System’s dividend payout ratio (DPR) 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.