Cynosure Group LLC Takes $494,000 Position in Ryder System, Inc. $R

Cynosure Group LLC acquired a new stake in shares of Ryder System, Inc. (NYSE:R) during the 4th quarter, Holdings Channel reports. The firm acquired 2,580 shares of the transportation company’s stock, valued at approximately $494,000.

Several other institutional investors have also recently made changes to their positions in R. Los Angeles Capital Management LLC acquired a new position in shares of Ryder System during the fourth quarter valued at about $31,000. Assetmark Inc. raised its holdings in shares of Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 135 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Ryder System during the fourth quarter valued at about $34,000. Optima Capital LLC acquired a new position in shares of Ryder System during the fourth quarter valued at about $39,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.

Insider Transactions at Ryder System

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the company’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 represents a 2.53% decrease in their position. The sale 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 the company’s stock in a transaction dated 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 directly owned 29,974 shares of the company’s stock, valued at $7,067,569.46. The trade was a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.90% of the company’s stock.

Ryder System Trading Down 0.8%

R opened at $274.93 on Wednesday. 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 fifty-two week low of $148.05 and a fifty-two week high of $284.25. The firm has a market capitalization of $10.64 billion, a PE ratio of 22.85 and a beta of 1.01. The company’s 50-day moving average is $242.45 and its 200 day moving average is $213.92.

Ryder System (NYSE:R) last posted its earnings results 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 net margin of 3.91% and a return on equity of 17.75%. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the prior year, the business posted $2.46 EPS. The firm’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. As a group, research analysts predict that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio is presently 30.26%.

Wall Street Analyst Weigh In

R has been the topic of several research reports. Barclays upped their price objective on shares of Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Zacks Research upgraded shares of Ryder System from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Robert W. Baird upped their target price on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company upped their target price 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. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $240.89.

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.