Intech Investment Management LLC Has $6.60 Million Stake in Ryder System, Inc. $R

Intech Investment Management LLC grew its stake in Ryder System, Inc. (NYSE:R) by 175.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,457 shares of the transportation company’s stock after purchasing an additional 21,935 shares during the period. Intech Investment Management LLC’s holdings in Ryder System were worth $6,595,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Allianz Asset Management GmbH boosted its stake in shares of Ryder System by 254.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 34,835 shares of the transportation company’s stock valued at $6,571,000 after purchasing an additional 24,996 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Ryder System by 76.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 66,941 shares of the transportation company’s stock valued at $12,628,000 after purchasing an additional 29,029 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Ryder System by 1.1% in the 3rd quarter. American Century Companies Inc. now owns 867,658 shares of the transportation company’s stock valued at $163,675,000 after purchasing an additional 9,404 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in shares of Ryder System in the 4th quarter valued at approximately $1,408,000. Finally, New York State Common Retirement Fund boosted its stake in shares of Ryder System by 9.7% in the 3rd quarter. New York State Common Retirement Fund now owns 31,763 shares of the transportation company’s stock valued at $5,992,000 after purchasing an additional 2,800 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Up 0.6%

NYSE:R opened at $250.41 on Friday. The firm’s 50 day simple moving average is $225.93 and its 200 day simple moving average is $205.15. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. Ryder System, Inc. has a one year low of $143.34 and a one year high of $259.00. The company has a market cap of $9.69 billion, a PE ratio of 20.82 and a beta of 1.04.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $3.11 billion. During the same quarter last year, the business earned $2.46 EPS. The company’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. On average, research analysts anticipate that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.91 per share. The ex-dividend date is Monday, May 18th. This represents a $3.64 annualized dividend and a yield of 1.5%. Ryder System’s dividend payout ratio (DPR) is presently 30.26%.

Insider Activity at Ryder System

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction that occurred 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 trade represents a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction that occurred 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 transaction, the director owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. The trade was 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 company insiders.

Analysts Set New Price Targets

R has been the topic of a number of research analyst reports. Citigroup raised their price target on shares of Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Susquehanna lifted their target price on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their target price on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Robert W. Baird lifted their target price on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Zacks Research upgraded shares of Ryder System from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One investment 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.89.

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.