Ryder System (NYSE:R – Free Report) had its price objective lifted by Citigroup from $280.00 to $283.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the transportation company’s stock.
Other analysts also recently issued research reports about the stock. Morgan Stanley raised their price objective on shares of Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Wells Fargo & Company boosted their target price on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Friday. Susquehanna increased 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. Barclays raised their price target on shares of Ryder System from $250.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. Finally, Zacks Research downgraded shares of Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and an average target price of $279.88.
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Ryder System Stock Performance
Ryder System (NYSE:R – Get Free Report) last released its earnings results on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, topping the consensus estimate of $3.69 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $3.32 earnings per share. 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. As a group, equities research analysts expect that Ryder System will post 14.73 earnings per share for the current year.
Ryder System Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be paid a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a yield of 1.5%. This is a boost 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 29.62%.
Insider Buying and Selling
In other news, Director Luis P. Nieto, Jr. sold 720 shares of the business’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 completion of the sale, the director owned 29,974 shares in the company, valued at $7,067,569.46. The trade was a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Sanford J. Hodes sold 595 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total value of $149,910.25. Following the transaction, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.90% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of R. Calamos Wealth Management LLC acquired a new stake in shares of Ryder System in the 4th quarter worth about $1,408,000. Oak Thistle LLC acquired a new position in Ryder System during the 4th quarter valued at about $903,000. AE Wealth Management LLC boosted its stake in Ryder System by 27.2% during the 4th quarter. AE Wealth Management LLC now owns 179,184 shares of the transportation company’s stock valued at $34,294,000 after purchasing an additional 38,286 shares during the last quarter. NewEdge Wealth LLC increased its holdings in Ryder System by 2.9% during the 4th quarter. NewEdge Wealth LLC now owns 250,334 shares of the transportation company’s stock worth $47,911,000 after purchasing an additional 6,952 shares in the last quarter. Finally, Braun Stacey Associates Inc. bought a new stake in Ryder System during the 1st quarter worth approximately $12,189,000. Institutional investors and hedge funds own 87.47% of the company’s stock.
More Ryder System News
Here are the key news stories impacting Ryder System this week:
- Positive Sentiment: Ryder beat Q2 expectations, reporting adjusted EPS of $3.73 versus estimates and posting 5% revenue growth year over year, with stronger Fleet Management Solutions performance and share repurchases helping results. Ryder Reports Second Quarter 2026 Results
- Positive Sentiment: The company also raised its 2026 earnings outlook, which suggests management sees continued momentum after the quarter. Ryder System Raises 2026 Earnings Outlook on Strong Q2
- Positive Sentiment: Several analysts raised price targets after the earnings release, including Susquehanna to $310, Wells Fargo to $300, JPMorgan to $296, and Citigroup to $283, signaling improved sentiment around the stock. Analyst updates via Benzinga
- Neutral Sentiment: Despite the upgrades, most firms kept a neutral or similar stance, suggesting analysts see upside but not a major change in the overall investment case. Tickerreport.com coverage
- Negative Sentiment: Revenue came in below the headline analyst estimate cited in some reports, and Ryder’s Q3 and FY2026 EPS guidance was slightly below consensus, which may temper some of the post-earnings enthusiasm. Zacks earnings analysis
Ryder System Company 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.
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