Two Sigma Securities LLC Buys New Position in Ryder System, Inc. $R

Two Sigma Securities LLC bought a new stake in shares of Ryder System, Inc. (NYSE:R) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,522 shares of the transportation company’s stock, valued at approximately $665,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. bought a new stake in shares of Ryder System in the 2nd quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Ryder System during the second quarter worth $30,000. Cedar Mountain Advisors LLC raised its stake 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 during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Ryder System by 36.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock valued at $42,000 after buying an additional 43 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in Ryder System in the fourth quarter valued at $31,000. Institutional investors own 87.47% of the company’s stock.

Analysts Set New Price Targets

R has been the subject of a number of recent analyst reports. Wall Street Zen upgraded Ryder System from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. Susquehanna boosted their price objective on Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Citigroup raised their target price on Ryder System from $280.00 to $283.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Robert W. Baird lifted their target price on Ryder System from $253.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Finally, Zacks Research lowered Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Ryder System 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 $243.69 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month high of $284.25. The firm has a market capitalization of $9.34 billion, a PE ratio of 19.83 and a beta of 1.02. The firm has a fifty day simple moving average of $261.40 and a two-hundred day simple moving average of $240.56.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.69 by $0.04. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.32 EPS. 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. Analysts forecast that Ryder System, Inc. will post 14.74 EPS for the current fiscal year.

Ryder System Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be issued a $1.01 dividend. This is an increase from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, August 24th. Ryder System’s dividend payout ratio is currently 32.87%.

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.