Danske Bank A S purchased a new stake in shares of Ryder System, Inc. (NYSE:R - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,813 shares of the transportation company's stock, valued at approximately $12,875,000. Danske Bank A S owned 0.13% of Ryder System as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised its holdings in Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company's stock worth $42,000 after purchasing an additional 43 shares during the last quarter. Quantum Portfolio Management LLC boosted its stake in shares of Ryder System by 2.1% in the 1st quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company's stock valued at $525,000 after purchasing an additional 52 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in shares of Ryder System by 2.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company's stock worth $433,000 after buying an additional 52 shares during the period. Corient Private Wealth LLC raised its stake in shares of Ryder System by 0.8% during the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company's stock worth $1,404,000 after buying an additional 58 shares during the last quarter. Finally, Vectors Research Management LLC lifted its holdings in Ryder System by 0.3% in the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company's stock valued at $3,543,000 after buying an additional 61 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.
Ryder System Price Performance
NYSE R opened at $247.94 on Friday. 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 stock has a market cap of $9.51 billion, a price-to-earnings ratio of 20.17 and a beta of 1.02. The business has a 50 day simple moving average of $265.05 and a 200 day simple moving average of $238.62. Ryder System, Inc. has a 52-week low of $157.67 and a 52-week high of $284.25.
Ryder System (NYSE:R - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. 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 prior year, the company earned $3.32 earnings per share. The business's quarterly revenue was up 5.0% compared to the same quarter last year. 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 anticipate that Ryder System, Inc. will post 14.74 earnings per share for the current fiscal year.
Ryder System Increases Dividend
The company also recently declared 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. 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%. This is a positive change from Ryder System's previous quarterly dividend of $0.91. Ryder System's dividend payout ratio (DPR) is 32.87%.
Insider Activity
In other news, SVP Sanford J. Hodes sold 595 shares of the business's stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total value of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares in the company, 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 SEC, which is available at the SEC website. 4.90% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several analysts have commented on R shares. Morgan Stanley upped their target price on shares of Ryder System from $263.00 to $280.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ryder System in a research note on Wednesday, May 27th. Citigroup increased their target price on Ryder System from $280.00 to $283.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Wall Street Zen upgraded Ryder System from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Finally, Citizens Jmp began coverage on shares of Ryder System in a research report on Wednesday, July 15th. They issued a "market perform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $294.14.
Read Our Latest Analysis on Ryder System
Ryder System Company Profile
(
Free Report)
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.
Recommended Stories
Want to see what other hedge funds are holding R? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryder System, Inc. (NYSE:R - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Ryder System, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ryder System wasn't on the list.
While Ryder System currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
