10,931 Shares in Ryder System, Inc. $R Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new stake in Ryder System, Inc. (NYSE:R) during the first quarter, Holdings Channel.com reports. The fund bought 10,931 shares of the transportation company’s stock, valued at approximately $2,238,000.

Several other hedge funds have also bought and sold shares of the stock. Los Angeles Capital Management LLC purchased a new position in shares of Ryder System in the 4th quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Ryder System during the 4th quarter valued at about $34,000. Optima Capital LLC purchased a new position in shares of Ryder System during the 4th quarter valued at about $39,000. Geneos Wealth Management Inc. raised its holdings in shares of Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after buying an additional 109 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its position in Ryder System by 53.8% in the 4th quarter. Clearstead Advisors LLC now owns 260 shares of the transportation company’s stock worth $50,000 after buying an additional 91 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Morgan Stanley upped their price objective on shares of Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday. Robert W. Baird increased their target price on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a report on Wednesday, June 17th. Citigroup boosted their price target on shares of Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. upped 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. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $264.50.

Insider Transactions at Ryder System

In other news, SVP Sanford J. Hodes sold 595 shares of the 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 directly owned 22,948 shares in the company, valued at approximately $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’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 sale, the director directly 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 SEC filing for this sale provides additional information. 4.90% of the stock is currently owned by insiders.

Ryder System Stock Performance

Shares of R stock opened at $265.49 on Thursday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. Ryder System, Inc. has a fifty-two week low of $157.67 and a fifty-two week high of $284.25. The stock has a 50 day moving average price of $254.69 and a two-hundred day moving average price of $222.88. The company has a market capitalization of $10.27 billion, a P/E ratio of 22.07 and a beta of 1.01.

Ryder System (NYSE:R) last released 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. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the prior year, the firm posted $2.46 earnings per share. The business’s quarterly revenue was down .2% compared to the same quarter last year. 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. Analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Announces Dividend

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

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.