2,088 Shares in Ryder System, Inc. $R Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. acquired a new position in Ryder System, Inc. (NYSE:R) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,088 shares of the transportation company’s stock, valued at approximately $551,000.

A number of other institutional investors have also recently bought and sold shares of R. BlackRock Inc. bought a new stake in shares of Ryder System during the 2nd quarter worth $1,060,749,000. Norges Bank bought a new position in Ryder System during the fourth quarter valued at about $111,168,000. JPMorgan Chase & Co. increased its holdings 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 buying an additional 539,854 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Ryder System in the second quarter valued at about $136,320,000. Finally, Orbis Allan Gray Ltd boosted its stake in Ryder System by 107.3% in the fourth quarter. Orbis Allan Gray Ltd now owns 974,620 shares of the transportation company’s stock valued at $186,533,000 after acquiring an additional 504,404 shares during the last quarter. Institutional investors own 87.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company raised their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Susquehanna increased their price objective on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a report on Friday, July 24th. JPMorgan Chase & Co. raised their target price on Ryder System from $259.00 to $296.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Zacks Research lowered Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. 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 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’s stock. Based on data from MarketBeat, Ryder System currently has an average rating of “Moderate Buy” and a consensus target price of $294.14.

Ryder System Stock Performance

Shares of R stock opened at $249.96 on Thursday. The stock has a market capitalization of $9.59 billion, a P/E ratio of 20.34 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 firm’s 50 day moving average is $262.87 and its 200 day moving average is $239.73. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month high of $284.25.

Ryder System (NYSE:R) last released its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 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 the consensus estimate of $3.29 billion. During the same period last year, the firm earned $3.32 EPS. Ryder System’s revenue for the quarter 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, sell-side analysts anticipate that Ryder System, Inc. will post 14.74 earnings per share for the current 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. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. This is a boost 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 presently 32.87%.

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.