Empowered Funds LLC Has $663,000 Holdings in Ryder System, Inc. $R

Key Points

• Empowered Funds LLC cut its Ryder System stake by 93.6% in the first quarter, selling 47,667 shares and retaining 3,239 shares valued at $663,000. Institutional investors and hedge funds collectively own 87.47% of the company.
• Ryder reported quarterly EPS of $3.73, slightly above analysts’ expectations, while revenue rose 5% year over year to $2.69 billion. The company issued fiscal 2026 EPS guidance of $14.40–$14.80.
• Ryder increased its quarterly dividend to $1.01 per share, implying an annualized dividend of $4.04 and a 1.6% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $294.14.

Empowered Funds LLC cut its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 93.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,239 shares of the transportation company's stock after selling 47,667 shares during the period. Empowered Funds LLC's holdings in Ryder System were worth $663,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Quantum Portfolio Management LLC increased its holdings in 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 buying an additional 52 shares during the period. Orion Porfolio Solutions LLC raised its stake in shares of Ryder System by 2.4% in the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company's stock valued at $433,000 after buying an additional 52 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Ryder System by 0.8% during the 4th quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company's stock worth $1,404,000 after acquiring an additional 58 shares during the period. Vectors Research Management LLC boosted its position in shares of Ryder System by 0.3% during the 4th quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company's stock valued at $3,543,000 after acquiring an additional 61 shares in the last quarter. Finally, Inspire Investing LLC boosted its position in shares of Ryder System by 4.0% during the 4th quarter. Inspire Investing LLC now owns 1,709 shares of the transportation company's stock valued at $327,000 after acquiring an additional 65 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Trading Down 0.7%

Shares of Ryder System stock opened at $260.38 on Tuesday. 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 $9.99 billion, a P/E ratio of 21.19 and a beta of 1.02. The company has a 50-day simple moving average of $266.56 and a 200 day simple moving average of $234.84. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.91.

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

Ryder System Increases Dividend

The firm 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. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.04 dividend on an annualized basis and a yield of 1.6%. This is a positive change from Ryder System's previous quarterly dividend of $0.91. Ryder System's payout ratio is 29.62%.

Insider Transactions at Ryder System

In other Ryder System 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 transaction, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on R shares. Weiss Ratings reissued a "buy (b)" rating on shares of Ryder System in a research report on Wednesday, May 27th. Robert W. Baird lifted their price objective on Ryder System from $253.00 to $290.00 and gave the company an "outperform" rating in a report on Wednesday, June 17th. Wall Street Zen upgraded Ryder System from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Stephens raised Ryder System to a "strong-buy" rating in a report on Wednesday, July 8th. Finally, Morgan Stanley raised their target price on Ryder System from $263.00 to $280.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, Ryder System currently has a consensus rating of "Moderate Buy" and an average target price of $294.14.

About Ryder System

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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