Virtu Financial LLC Makes New Investment in Ryder System, Inc. $R

Virtu Financial LLC bought a new stake in Ryder System, Inc. (NYSE:R) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,477 shares of the transportation company’s stock, valued at approximately $1,622,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new position in shares of Ryder System during the 4th quarter valued at about $111,168,000. JPMorgan Chase & Co. increased its position in Ryder System by 326.8% during the fourth quarter. JPMorgan Chase & Co. now owns 705,037 shares of the transportation company’s stock worth $134,937,000 after purchasing an additional 539,854 shares during the last quarter. Orbis Allan Gray Ltd increased its position in Ryder System by 107.3% during the fourth quarter. Orbis Allan Gray Ltd now owns 974,620 shares of the transportation company’s stock worth $186,533,000 after purchasing an additional 504,404 shares during the last quarter. AQR Capital Management LLC raised its stake in Ryder System by 53.3% during the third quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock worth $134,855,000 after purchasing an additional 250,432 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in Ryder System by 369.4% during the third quarter. BNP Paribas Financial Markets now owns 196,968 shares of the transportation company’s stock worth $37,156,000 after purchasing an additional 155,007 shares during the period. 87.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

R has been the subject of several analyst reports. Wells Fargo & Company increased their price target on shares of Ryder System from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. JPMorgan Chase & Co. lifted their price target on shares of Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Barclays increased their price target on Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Citigroup boosted their price objective on shares of Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and a consensus price target of $245.00.

Insiders Place Their Bets

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 directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 transaction, the director directly owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. This represents a 2.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.90% of the stock is owned by company insiders.

Ryder System Trading Up 0.1%

NYSE R opened at $263.74 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09. Ryder System, Inc. has a 52 week low of $149.45 and a 52 week high of $284.25. The stock has a market capitalization of $10.20 billion, a PE ratio of 21.92 and a beta of 1.01. The firm has a 50 day moving average of $245.65 and a two-hundred day moving average of $215.56.

Ryder System (NYSE:R) last announced its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company’s revenue was down .2% on a year-over-year basis. During the same period last year, the business earned $2.46 EPS. 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 expect that Ryder System, Inc. will post 14.82 EPS for the current fiscal year.

Ryder System Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, May 18th were issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, May 18th. Ryder System’s dividend payout ratio is 30.26%.

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.