VIRGINIA RETIREMENT SYSTEMS ET Al Boosts Stake in Ryder System, Inc. $R

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in Ryder System, Inc. (NYSE:R) by 14.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,885 shares of the transportation company’s stock after buying an additional 2,350 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Ryder System were worth $3,614,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of R. Root Financial Partners LLC purchased a new position in shares of Ryder System in the third quarter worth about $28,000. Assetmark Inc. increased its position in Ryder System by 421.9% during the third quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after purchasing an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Ryder System during the fourth quarter worth about $34,000. Optima Capital LLC acquired a new stake in Ryder System during the fourth quarter worth about $39,000. Finally, Geneos Wealth Management Inc. increased its position in Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after purchasing an additional 109 shares during the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ryder System

In other Ryder System news, insider Thomas M. Havens sold 12,571 shares of Ryder System stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the completion of the sale, the insider directly owned 33,074 shares in the company, valued at $7,330,852.10. This trade represents a 27.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $235.79, for a total transaction of $169,768.80. Following the sale, the director 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 77,925 shares of company stock valued at $17,235,427. 4.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on R. JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $203.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Robert W. Baird raised their price objective on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Barclays raised their price objective on shares of Ryder System from $220.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a research report on Thursday, January 22nd. Finally, Susquehanna raised their price objective on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. One investment 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $234.89.

Ryder System Price Performance

Shares of R opened at $230.80 on Friday. Ryder System, Inc. has a 1-year low of $143.34 and a 1-year high of $259.00. The stock has a market cap of $8.93 billion, a PE ratio of 19.19 and a beta of 1.04. The firm has a 50-day simple moving average of $216.42 and a two-hundred day simple moving average of $199.81. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68.

Ryder System (NYSE:R) last announced its quarterly earnings results 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 net margin of 3.91% and a return on equity of 17.75%. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period last year, the business earned $2.46 earnings per share. The business’s revenue for the quarter was down .2% on a year-over-year basis. 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, analysts forecast that Ryder System, Inc. will post 14.82 EPS for the current year.

Ryder System Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given a dividend of $0.91 per share. The ex-dividend date is Monday, May 18th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.6%. Ryder System’s dividend payout ratio (DPR) is currently 30.26%.

Ryder System 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.