7,571 Shares in Ryder System, Inc. $R Acquired by Advisors Preferred LLC

Key Points

• Advisors Preferred LLC acquired 7,571 Ryder System shares worth approximately $1.97 million in the second quarter. Institutional investors and hedge funds collectively own 87.47% of the company.
• Analysts maintain a favorable outlook, with Ryder receiving a “Moderate Buy” consensus rating and an average price target of $294.14, above its $247.94 opening price.
• Ryder reported quarterly EPS of $3.73, exceeding estimates, while revenue rose 5% year over year. The company also increased its quarterly dividend to $1.01 per share, representing a 1.6% annual yield.

Advisors Preferred LLC purchased a new stake in Ryder System, Inc. (NYSE:R - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,571 shares of the transportation company's stock, valued at approximately $1,974,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC boosted its holdings in 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 during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Ryder System during the second quarter worth approximately $30,000. Los Angeles Capital Management LLC acquired a new stake in shares of Ryder System in the fourth quarter valued at approximately $31,000. Geneos Wealth Management Inc. raised its position in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company's stock valued at $41,000 after buying an additional 109 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of 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. 87.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on R shares. Wall Street Zen upgraded Ryder System from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Susquehanna increased their target price on Ryder System from $290.00 to $310.00 and gave the stock a "positive" rating in a report on Friday, July 24th. JPMorgan Chase & Co. raised their price target on Ryder System from $259.00 to $296.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Barclays boosted their price target on Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Finally, Stephens raised shares of Ryder System to a "strong-buy" rating in a research report on Wednesday, July 8th. One 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $294.14.

Ryder System Stock Down 1.0%

NYSE R opened at $247.94 on Friday. The business has a fifty day moving average price of $265.05 and a two-hundred day moving average price of $238.62. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65. Ryder System, Inc. has a fifty-two week low of $157.67 and a fifty-two week high of $284.25. The stock has a market capitalization of $9.51 billion, a PE ratio of 20.17 and a beta of 1.02.

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

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be issued a dividend of $1.01 per share. 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. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. Ryder System's payout ratio is presently 32.87%.

Insider Activity

In related news, SVP Sanford J. Hodes sold 595 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. This represents a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company 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.

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