Total Wealth Planning & Management Inc. Invests $508,000 in Ryder System, Inc. $R

Total Wealth Planning & Management Inc. bought a new position in shares of Ryder System, Inc. (NYSE:R) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,654 shares of the transportation company’s stock, valued at approximately $508,000.

Other institutional investors have also made changes to their positions in the company. Assetmark Inc. lifted its position in shares of 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 in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Ryder System during the fourth quarter worth $34,000. Optima Capital LLC acquired a new position in shares of Ryder System during the fourth quarter worth $39,000. Geneos Wealth Management Inc. lifted its position in shares of 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 in the last quarter. Finally, MAI Capital Management raised its holdings in Ryder System by 43.5% in the third quarter. MAI Capital Management now owns 267 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 81 shares in the last quarter. 87.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

R has been the topic of several recent analyst reports. Robert W. Baird upped their price target on shares of Ryder System from $202.00 to $253.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Wells Fargo & Company upped their price target on shares of Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Wall Street Zen raised shares of Ryder System from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Zacks Research raised shares of Ryder System from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $234.89.

Insiders Place Their Bets

In other Ryder System news, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at approximately $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $235.79, for a total transaction of $169,768.80. Following the sale, the director directly owned 29,974 shares in the company, valued at $7,067,569.46. This trade 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 currently owned by corporate insiders.

Ryder System Trading Up 1.9%

R opened at $265.26 on Friday. The stock has a market capitalization of $10.26 billion, a PE ratio of 22.05 and a beta of 1.01. Ryder System, Inc. has a 12-month low of $146.74 and a 12-month high of $265.59. The firm’s fifty day moving average price is $230.94 and its 200 day moving average price is $207.91. 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 issued its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm’s revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.46 earnings per share. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is 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.