Ryder System (NYSE:R) Given New $305.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo raised Ryder System’s price target from $300 to $305 and maintained an “overweight” rating, implying 17.36% potential upside from the cited $259.89 share price. The broader analyst consensus is “Moderate Buy,” with an average target of $288.67.
• Ryder’s third-quarter EPS of $4.33 exceeded estimates of $4.15, while revenue rose 8.3% year over year to $2.76 billion, though it fell short of the cited revenue consensus. Management raised its 2026 EPS outlook to $14.85–$15.05.
• Institutional investors own 87.47% of Ryder’s shares. The stock has traded between $160.08 and $284.25 over the past year and closed at $259.89 after falling $5.64 in Friday’s session.

Ryder System (NYSE:R - Get Free Report) had its target price lifted by investment analysts at Wells Fargo & Company from $300.00 to $305.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an "overweight" rating on the transportation company's stock. Wells Fargo & Company's target price points to a potential upside of 17.36% from the stock's current price.

A number of other equities research analysts have also weighed in on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Ryder System in a report on Monday, August 24th. Citigroup restated a "market perform" rating on shares of Ryder System in a research note on Friday. Citizens Jmp assumed coverage on Ryder System in a research report on Wednesday, July 15th. They set a "market perform" rating for the company. Stephens boosted their price target on Ryder System from $280.00 to $305.00 and gave the company an "overweight" rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised Ryder System from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $296.00 to $298.00 in a report on Monday, October 5th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $288.67.

Ryder System Stock Performance

R stock traded down $5.64 during trading on Friday, reaching $259.89. The company had a trading volume of 98,205 shares, compared to its average volume of 359,037. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 21.08 and a beta of 1.05. Ryder System has a twelve month low of $160.08 and a twelve month high of $284.25. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a 50-day simple moving average of $242.32 and a 200-day simple moving average of $249.09.

Ryder System (NYSE:R - Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The transportation company reported $4.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.15 by $0.18. The business had revenue of $2.76 billion for the quarter, compared to analyst estimates of $3.38 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. Ryder System's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.57 EPS. As a group, sell-side analysts expect that Ryder System will post 14.74 earnings per share for the current year.

Hedge Funds Weigh In On Ryder System

Large investors have recently made changes to their positions in the company. Keating Financial Advisory Services Inc. purchased a new stake in shares of Ryder System during the 2nd quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Ryder System during the 2nd quarter valued at about $30,000. Cedar Mountain Advisors LLC increased its stake in shares of Ryder System by 522.7% in the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company's stock valued at $28,000 after purchasing an additional 115 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of Ryder System by 36.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company's stock valued at $42,000 after purchasing an additional 43 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new position in Ryder System in the 2nd quarter worth about $54,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System News Summary

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Ryder reported third-quarter comparable EPS of $4.33, up from $3.57 a year earlier and above the approximately $4.15–$4.17 analyst consensus. Comparable earnings before taxes rose to $234 million from $200 million, marking the company’s eighth consecutive quarter of comparable EPS growth. Ryder Reports Third Quarter 2026 Results
• Positive Sentiment: Management raised its fiscal 2026 EPS outlook to $14.85–$15.05, above the $14.68 consensus estimate. The stronger outlook suggests continued earnings momentum despite an uneven transportation environment.
• Positive Sentiment: Stephens raised its price target from $280 to $305 and maintained an “overweight” rating, implying approximately 14.7% upside from the referenced share price. Stephens Ryder price target update
• Neutral Sentiment: Fourth-quarter EPS guidance of $4.25–$4.45 brackets the $4.27 consensus estimate, indicating expectations are broadly in line for the next quarter.
• Negative Sentiment: Reported revenue of $2.76 billion increased 8.3% year over year but was below the cited $3.38 billion consensus estimate. Ryder’s $10.7 billion full-year revenue guidance is also below the referenced $13.3 billion consensus, potentially raising concerns about revenue comparisons or softer volume growth even as profitability improves.

About Ryder System

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. Founded in 1933 by James Ryder and headquartered in Miami, Florida, the company serves businesses that rely on commercial vehicles, transportation networks and logistics infrastructure.

Through its Fleet Management Solutions business, Ryder offers full-service leasing, commercial vehicle rental, maintenance, fleet support and related services for trucks, tractors, trailers and other vehicles.

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