Quantinno Capital Management LP Acquires 3,762 Shares of Ryder System, Inc. $R

Quantinno Capital Management LP increased its holdings in Ryder System, Inc. (NYSE:R) by 6.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 62,472 shares of the transportation company’s stock after purchasing an additional 3,762 shares during the period. Quantinno Capital Management LP’s holdings in Ryder System were worth $12,789,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in R. State Street Corp lifted its stake in Ryder System by 0.4% in the second quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock worth $317,251,000 after purchasing an additional 7,447 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Ryder System by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company’s stock valued at $331,996,000 after acquiring an additional 6,652 shares during the last quarter. First Trust Advisors LP boosted its holdings in Ryder System by 81.5% during the 1st quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock valued at $206,822,000 after acquiring an additional 453,697 shares during the period. Orbis Allan Gray Ltd grew its position in Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company’s stock worth $159,856,000 after acquiring an additional 134,423 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Ryder System by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 988,117 shares of the transportation company’s stock worth $157,111,000 after purchasing an additional 62,313 shares during the period. Institutional investors own 87.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on R shares. Barclays raised their target price on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on shares of Ryder System from $259.00 to $296.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Zacks Research lowered shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a research note on Wednesday, May 27th. Finally, Robert W. Baird upped their price target on Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. One 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $294.14.

Insiders Place Their Bets

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction on 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 transaction, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.90% of the stock is currently owned by company insiders.

Ryder System Stock Performance

Shares of Ryder System stock opened at $262.77 on Tuesday. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month high of $284.25. The firm has a market capitalization of $10.08 billion, a P/E ratio of 21.38 and a beta of 1.02. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. The business has a fifty day simple moving average of $265.20 and a two-hundred day simple moving average of $232.27.

Ryder System (NYSE:R) last issued its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.69 billion during the quarter, compared to analyst estimates of $3.29 billion. During the same period last year, the business earned $3.32 EPS. Ryder System’s quarterly revenue was up 5.0% compared to the same quarter last year. 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, equities analysts forecast that Ryder System, Inc. will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be given a $1.01 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Ryder System’s previous quarterly dividend of $0.91. Ryder System’s payout ratio is presently 29.62%.

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.