Hsbc Holdings PLC Grows Holdings in Ryder System, Inc. $R

Key Points

• HSBC Holdings more than doubled its Ryder System stake in the second quarter, increasing ownership by 104.2% to 56,403 shares valued at approximately $14.8 million. Institutional investors collectively own 87.47% of Ryder’s stock.
• Ryder reported quarterly EPS of $3.73, slightly beating estimates of $3.69, while revenue rose 5% year over year to $2.69 billion. The company issued fiscal 2026 EPS guidance of $14.40–$14.80.
• Ryder raised its quarterly dividend from $0.91 to $1.01 per share, equating to a $4.04 annualized payout and a 1.6% yield. Analysts give the stock a consensus “Moderate Buy” rating with a $294.14 price target.

Hsbc Holdings PLC lifted its position in shares of Ryder System, Inc. (NYSE:R - Free Report) by 104.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,403 shares of the transportation company's stock after acquiring an additional 28,775 shares during the quarter. Hsbc Holdings PLC owned 0.15% of Ryder System worth $14,773,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of R. BlackRock Inc. acquired a new position in shares of Ryder System during the second quarter valued at approximately $1,060,749,000. State Street Corp lifted its position in shares of Ryder System by 0.4% during the second quarter. State Street Corp now owns 1,995,292 shares of the transportation company's stock worth $317,251,000 after purchasing an additional 7,447 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Ryder System by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,621,947 shares of the transportation company's stock valued at $331,996,000 after purchasing an additional 6,652 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Ryder System by 81.5% in the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company's stock valued at $206,822,000 after purchasing an additional 453,697 shares in the last quarter. Finally, Orbis Allan Gray Ltd lifted its holdings in Ryder System by 15.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 1,005,382 shares of the transportation company's stock worth $159,856,000 after buying an additional 134,423 shares in the last quarter. Hedge funds and other institutional investors own 87.47% of the company's stock.

Ryder System Stock Performance

NYSE R opened at $247.08 on Wednesday. The company has a fifty day moving average of $259.68 and a two-hundred day moving average of $241.67. The company has a market capitalization of $9.48 billion, a PE ratio of 20.10 and a beta of 1.01. Ryder System, Inc. has a 1 year low of $157.67 and a 1 year high of $284.25. 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 (NYSE:R - Get Free Report) last posted its 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. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business 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. As a group, analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current year.

Ryder System Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be given a dividend of $1.01 per share. 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 payout ratio is 32.87%.

Wall Street Analyst Weigh In

Several equities analysts have commented on R shares. Zacks Research downgraded shares of Ryder System from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 22nd. Citizens Jmp assumed coverage on Ryder System in a research report on Wednesday, July 15th. They set a "market perform" rating for the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ryder System in a report on Monday, August 24th. Stephens upgraded shares of Ryder System to a "strong-buy" rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of Ryder System from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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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