Ryder System (NYSE:R) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Ryder System (NYSE:R) had its price objective boosted by research analysts at Morgan Stanley from $263.00 to $280.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an “overweight” rating on the transportation company’s stock. Morgan Stanley’s target price suggests a potential upside of 5.57% from the stock’s current price.

A number of other research analysts also recently weighed in on the stock. Barclays increased their target price on shares of Ryder System from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Wells Fargo & Company upped their price target on shares of Ryder System from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Citigroup increased their price target 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. Finally, Robert W. Baird raised their price target on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. Seven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and a consensus price target of $264.50.

Ryder System Trading Up 1.7%

R stock traded up $4.52 during trading on Monday, hitting $265.24. The company had a trading volume of 49,656 shares, compared to its average volume of 394,793. Ryder System has a one year low of $157.67 and a one year high of $284.25. The business has a 50-day moving average of $253.73 and a 200-day moving average of $221.32. The stock has a market cap of $10.26 billion, a PE ratio of 22.06 and a beta of 1.01. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.09.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.25. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the firm posted $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. Research analysts predict that Ryder System will post 14.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Sanford J. Hodes sold 595 shares of the firm’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 directly owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. This trade represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $235.79, for a total transaction of $169,768.80. Following the transaction, 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 SEC filing for this sale provides additional information. 4.90% of the stock is currently owned by insiders.

Institutional Trading of Ryder System

Hedge funds have recently bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB raised its stake in shares of Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after acquiring an additional 43 shares in the last quarter. Quantum Portfolio Management LLC raised its stake in shares of Ryder System by 2.1% in the first quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock worth $525,000 after purchasing an additional 52 shares during the last quarter. Orion Porfolio Solutions LLC lifted its stake in Ryder System by 2.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock valued at $433,000 after acquiring an additional 52 shares during the period. Corient Private Wealth LLC boosted its holdings in Ryder System by 0.8% in the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after purchasing an additional 58 shares during the last quarter. Finally, Vectors Research Management LLC raised its position in Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after acquiring an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

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.