Allworth Financial LP Makes New Investment in Ryder System, Inc. $R

Key Points

• Allworth Financial LP bought 43,590 Ryder System shares worth approximately $11.5 million in the second quarter, while institutional investors collectively own 87.47% of the company.
• Ryder reported quarterly EPS of $3.73, narrowly beating estimates, as revenue rose 5% year over year to $2.69 billion. Management issued fiscal 2026 EPS guidance of $14.40–$14.80.
• The company increased its quarterly dividend from $0.91 to $1.01 per share, representing a $4.04 annualized payout and a 1.6% yield; analysts maintain a “Moderate Buy” consensus with a $294.14 price target.

Allworth Financial LP bought a new position in shares of Ryder System, Inc. (NYSE:R - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 43,590 shares of the transportation company's stock, valued at approximately $11,498,000. Allworth Financial LP owned approximately 0.11% of Ryder System as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the company. Advisors Preferred LLC purchased a new position in shares of Ryder System during the second quarter worth approximately $1,974,000. Vise Technologies Inc. purchased a new stake in Ryder System in the 2nd quarter valued at $1,502,000. Denali Advisors LLC acquired a new stake in Ryder System during the 2nd quarter worth $609,000. NewEdge Wealth LLC purchased a new position in Ryder System during the 2nd quarter worth $74,531,000. Finally, Great Lakes Advisors LLC purchased a new position in Ryder System during the 2nd quarter worth $4,310,000. 87.47% of the stock is owned by hedge funds and other institutional investors.

Ryder System Stock Performance

NYSE R opened at $247.94 on Friday. The business's 50 day moving average is $265.05 and its two-hundred day moving average is $238.62. Ryder System, Inc. has a 12-month low of $157.67 and a 12-month high of $284.25. The stock has a market capitalization of $9.51 billion, a price-to-earnings ratio of 20.17 and a beta of 1.02. 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 (NYSE:R - Get Free Report) last posted 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 company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm 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. Research analysts expect that Ryder System, Inc. will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be paid a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, August 24th. This is an increase from Ryder System's previous quarterly dividend of $0.91. Ryder System's dividend payout ratio is presently 32.87%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on R shares. Barclays upped their target price on shares of Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Weiss Ratings restated a "buy (b)" rating on shares of Ryder System in a research report on Wednesday, May 27th. Citizens Jmp assumed coverage on Ryder System in a research report on Wednesday, July 15th. They issued a "market perform" rating on the stock. Wall Street Zen raised Ryder System from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Finally, Stephens upgraded Ryder System to a "strong-buy" rating in a research note on Wednesday, July 8th. One equities 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.com, Ryder System presently has an average rating of "Moderate Buy" and a consensus price target of $294.14.

Insiders Place Their Bets

In other news, SVP Sanford J. Hodes sold 595 shares of Ryder System 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 sale, the senior vice president owned 22,948 shares of the company's stock, valued at $5,781,748.60. The trade was 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. 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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