Amundi Raises Stock Holdings in Ryder System, Inc. $R

Key Points

• Amundi increased its Ryder System stake by 764.3% in the second quarter, bringing its holdings to 100,099 shares valued at approximately $26.4 million. Institutional investors collectively own 87.47% of the company.
• Ryder reported quarterly earnings of $3.73 per share, slightly exceeding estimates, while revenue rose 5% year over year to $2.69 billion. The company projects fiscal 2026 EPS of $14.40–$14.80.
• Ryder raised its quarterly dividend to $1.01 per share, or $4.04 annually, representing a 1.7% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $294.14.

Amundi raised its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 764.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,099 shares of the transportation company's stock after purchasing an additional 88,517 shares during the quarter. Amundi owned 0.26% of Ryder System worth $26,403,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Keating Financial Advisory Services Inc. acquired a new position in shares of Ryder System in the 2nd quarter worth approximately $26,000. Cedar Mountain Advisors LLC boosted its holdings in Ryder System by 522.7% in the first quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company's stock worth $28,000 after purchasing an additional 115 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Ryder System during the second quarter valued at $30,000. Los Angeles Capital Management LLC bought a new stake in Ryder System during the fourth quarter valued at $31,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company's stock worth $41,000 after purchasing an additional 109 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Stock Performance

NYSE:R opened at $243.67 on Friday. The company has a 50-day moving average of $258.51 and a 200-day moving average of $241.99. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of 19.83 and a beta of 1.01. 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 twelve month low of $157.67 and a twelve month high of $284.25.

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

Ryder System Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be paid a dividend of $1.01 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.04 annualized dividend and a dividend yield of 1.7%. This is a boost from Ryder System's previous quarterly dividend of $0.91. Ryder System's dividend payout ratio is 32.87%.

Analyst Ratings Changes

A number of research analysts recently commented on R shares. JPMorgan Chase & Co. upped their price objective on Ryder System from $259.00 to $296.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Wall Street Zen downgraded shares of Ryder System from a "strong-buy" rating to a "buy" rating in a report on Saturday. Barclays upped their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Citigroup lifted their price objective on shares of Ryder System from $280.00 to $283.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, Zacks Research lowered shares of Ryder System from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 22nd. One investment 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's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $294.14.

Ryder System Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. The company serves commercial customers across industries, helping them manage the movement, storage and delivery of goods through integrated transportation and logistics solutions.

Ryder's fleet management offerings include commercial truck leasing, rental, maintenance and related support services. It also sells used vehicles and provides technology designed to help customers monitor fleets, improve utilization and manage transportation operations.

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