Entropy Technologies LP Sells 2,377 Shares of Ryder System, Inc. $R

Entropy Technologies LP cut its stake in Ryder System, Inc. (NYSE:R) by 36.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,199 shares of the transportation company’s stock after selling 2,377 shares during the quarter. Entropy Technologies LP’s holdings in Ryder System were worth $860,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Quantum Portfolio Management LLC grew its holdings in Ryder System by 2.1% during the 1st quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock valued at $525,000 after buying an additional 52 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of Ryder System by 2.4% in the fourth quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock worth $433,000 after buying an additional 52 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Ryder System by 0.8% in the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after acquiring an additional 58 shares during the period. Vectors Research Management LLC boosted its position in shares of Ryder System by 0.3% in the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after acquiring an additional 61 shares during the period. Finally, Burns Matteson Capital Management LLC grew its stake in Ryder System by 2.4% during the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock valued at $509,000 after acquiring an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on R. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Zacks Research downgraded shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Wells Fargo & Company upped their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Barclays lifted their price objective on Ryder System from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. Finally, Morgan Stanley boosted their target price on Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $292.71.

Ryder System Price Performance

R stock opened at $260.53 on Wednesday. The firm has a 50 day simple moving average of $263.72 and a two-hundred day simple moving average of $230.35. The stock has a market cap of $9.99 billion, a PE ratio of 21.20 and a beta of 1.01. Ryder System, Inc. has a one year low of $157.67 and a one year high of $284.25. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter last year, the company posted $3.32 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. 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, analysts predict that Ryder System, Inc. will post 14.74 EPS for the current fiscal year.

Ryder System Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be given a dividend of $1.01 per share. The ex-dividend date is Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 dividend on an annualized basis and a yield of 1.6%. Ryder System’s dividend payout ratio (DPR) is 29.62%.

Insider Transactions at Ryder System

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the sale, the senior vice president owned 22,948 shares of the company’s stock, valued at $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 value of $169,768.80. Following the completion of the transaction, the director 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. The SEC filing for this sale provides additional information. Company insiders own 4.90% of the company’s stock.

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.