Calamos Advisors LLC Acquires Shares of 6,603 Ryder System, Inc. $R

Calamos Advisors LLC acquired a new position in Ryder System, Inc. (NYSE:R) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 6,603 shares of the transportation company’s stock, valued at approximately $1,352,000.

A number of other hedge funds have also modified their holdings of R. Cedar Mountain Advisors LLC lifted its position in Ryder System by 522.7% during the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Ryder System during the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Ryder System during the 4th quarter worth approximately $34,000. Optima Capital LLC purchased a new position in shares of Ryder System in the 4th quarter valued at about $39,000. Finally, Geneos Wealth Management Inc. grew its holdings in Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after acquiring an additional 109 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on R shares. Barclays upped their target price on Ryder System from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Stephens upgraded shares of Ryder System to a “strong-buy” rating in a report on Wednesday, July 8th. Robert W. Baird upped their target price on Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a report on Wednesday, June 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Wednesday, May 27th. Finally, JPMorgan Chase & Co. boosted their price target on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Ryder System Trading Up 3.3%

Shares of R opened at $273.24 on Friday. The company has a market capitalization of $10.57 billion, a P/E ratio of 22.71 and a beta of 1.01. 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 one year low of $157.67 and a one year high of $284.25. The stock has a 50-day moving average price of $257.50 and a 200 day moving average price of $225.94.

Ryder System (NYSE:R) last issued its earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the firm earned $2.46 EPS. The business’s revenue 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. Sell-side analysts forecast that Ryder System, Inc. will post 14.82 EPS for the current fiscal year.

Ryder System Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be issued a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s dividend payout ratio is presently 30.26%.

Insiders Place Their Bets

In other news, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the transaction, the senior vice president 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $235.79, for a total value of $169,768.80. Following the sale, the director directly owned 29,974 shares in the company, valued at approximately $7,067,569.46. The trade was a 2.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.90% of the company’s stock.

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.