7,996 Shares in Ryder System, Inc. $R Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new stake in shares of Ryder System, Inc. (NYSE:R) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,996 shares of the transportation company’s stock, valued at approximately $2,109,000.

Several other hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Ryder System during the 2nd quarter worth about $1,060,749,000. State Street Corp lifted its holdings in shares of Ryder System by 0.4% in the 2nd quarter. State Street Corp now owns 1,995,292 shares of the transportation company’s stock valued at $317,251,000 after buying an additional 7,447 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Ryder System by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company’s stock worth $331,996,000 after buying an additional 6,652 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Ryder System by 81.5% in the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock worth $206,822,000 after buying an additional 453,697 shares during the last quarter. Finally, Orbis Allan Gray Ltd grew its holdings in Ryder System by 15.4% during the second 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 period. 87.47% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ryder System

In other news, SVP Sanford J. Hodes sold 595 shares of the business’s stock in a transaction dated 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.90% of the stock is owned by corporate insiders.

Ryder System Stock Up 0.6%

Ryder System stock opened at $249.44 on Friday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market capitalization of $9.57 billion, a PE ratio of 20.30 and a beta of 1.02. The business has a 50 day simple moving average of $264.42 and a 200-day simple moving average of $238.70. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month high of $284.25.

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

Ryder System Increases Dividend

The business also recently announced 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. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. Ryder System’s dividend payout ratio (DPR) is 29.62%.

Wall Street Analyst Weigh In

R has been the subject of a number of analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Citigroup raised their price objective on shares of Ryder System from $280.00 to $283.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Susquehanna boosted their target price on shares of Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Zacks Research downgraded shares of Ryder System from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Barclays raised their price target on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $294.14.

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.