Ryder System (NYSE:R) Price Target Raised to $300.00 at Wells Fargo & Company

Ryder System (NYSE:R) had its target price upped by Wells Fargo & Company from $290.00 to $300.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the transportation company’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 11.27% from the company’s previous close.

Several other analysts also recently weighed in on R. Barclays boosted their price objective on Ryder System from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Citigroup cut shares of Ryder System from a “neutral” rating to a “hold” rating in a report on Wednesday, July 15th. Susquehanna lifted their target price on shares of Ryder System from $290.00 to $310.00 and gave the stock a “positive” rating in a research note on Friday. Robert W. Baird upped their price target on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a report on Wednesday, June 17th. Finally, Morgan Stanley increased their price target on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and an average price target of $273.75.

Ryder System Trading Up 0.6%

Shares of R traded up $1.70 during trading hours on Friday, hitting $269.61. The company had a trading volume of 108,779 shares, compared to its average volume of 390,221. The firm has a market cap of $10.43 billion, a P/E ratio of 22.43 and a beta of 1.01. The stock’s 50 day moving average price is $261.59 and its 200 day moving average price is $228.73. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System has a 52-week low of $157.67 and a 52-week high of $284.25.

Ryder System (NYSE:R) last released its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating analysts’ consensus estimates of $3.69 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.Ryder System’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.32 EPS. Ryder System has set its FY 2026 guidance at 14.400-14.800 EPS and its Q3 2026 guidance at 4.000-4.200 EPS. On average, research analysts predict that Ryder System will post 14.73 EPS for the current year.

Insider Buying and Selling at Ryder System

In other news, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total transaction of $169,768.80. Following the sale, the director directly owned 29,974 shares in the company, valued at $7,067,569.46. The trade was a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in R. State Street Corp lifted its stake in shares of Ryder System by 0.4% in the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock valued at $317,251,000 after purchasing an additional 7,447 shares during the period. Dimensional Fund Advisors LP lifted its position in Ryder System by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company’s stock valued at $331,996,000 after buying an additional 6,652 shares during the period. First Trust Advisors LP boosted its holdings in shares of Ryder System by 81.5% during the 1st quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock valued at $206,822,000 after buying an additional 453,697 shares in the last quarter. Orbis Allan Gray Ltd boosted its holdings in shares of Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock valued at $159,856,000 after buying an additional 134,423 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of 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 buying an additional 62,313 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System News Roundup

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Ryder reported Q2 2026 adjusted EPS of $3.73, topping estimates, while revenue grew 5% year over year, signaling solid operating performance despite softer-than-expected top-line results. Ryder Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 EPS guidance to $14.40-$14.80, which suggests management is confident in the earnings outlook and supports the stock’s upward trend. Ryder System Q2 2026 Earnings Call: Complete Transcript
• Positive Sentiment: Susquehanna raised its price target on Ryder System to $310 from $290 and reiterated a positive rating, implying about 15% upside from the latest trading level. Benzinga
• Neutral Sentiment: Analyst call summaries and transcript coverage are keeping attention on Ryder’s margins, fleet/transportation demand trends, and management commentary, but these items are mainly informational rather than a separate catalyst. Ryder System, Inc. Q2 2026 Earnings Call Summary
• Negative Sentiment: Ryder’s Q2 revenue came in below Wall Street expectations, and its Q3 EPS guidance of $4.00-$4.20 is slightly below consensus, which may temper enthusiasm even after the earnings beat. Ryder (R) Reports Q2 Earnings: What Key Metrics Have to Say

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.