Northwestern Mutual Wealth Management Co. Invests $551,000 in Ryder System, Inc. $R

Northwestern Mutual Wealth Management Co. acquired a new stake in Ryder System, Inc. (NYSE:R) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,088 shares of the transportation company’s stock, valued at approximately $551,000.

Other hedge funds also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. bought a new position in Ryder System in the 2nd quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Ryder System in the second quarter worth $30,000. Cedar Mountain Advisors LLC increased its holdings in shares of Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after purchasing an additional 115 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Ryder System by 36.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after buying an additional 43 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Ryder System in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Ryder System Trading Up 1.5%

NYSE R opened at $249.96 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.91. The stock’s 50-day simple moving average is $262.87 and its two-hundred day simple moving average is $239.73. Ryder System, Inc. has a twelve month low of $157.67 and a twelve month high of $284.25. The company has a market capitalization of $9.59 billion, a price-to-earnings ratio of 20.34 and a beta of 1.02.

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, topping analysts’ consensus estimates of $3.69 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.Ryder System’s quarterly revenue was up 5.0% compared to the same quarter last year. 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. Research analysts forecast that Ryder System, Inc. will post 14.74 EPS for the current fiscal year.

Ryder System Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be paid a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s payout ratio is 32.87%.

Wall Street Analyst Weigh In

R has been the subject of several recent analyst reports. Susquehanna boosted their target price on Ryder System from $290.00 to $310.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Citigroup lifted their price target on Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Wall Street Zen raised Ryder System from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. upped their price objective on shares of Ryder System from $259.00 to $296.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Barclays raised their target price on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $294.14.

Ryder System 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.