JPMorgan Chase & Co. Lowers Holdings in Ryder System, Inc. $R

Key Points

• JPMorgan Chase reduced its stake in Ryder by 11.1% in the third quarter, now owning 165,183 shares (about 0.41% of the company) valued at roughly $31.16 million.
• Ryder's latest quarter missed expectations—EPS $3.59 vs. $3.66 estimate and revenue $2.60B vs. $3.21B—but management issued FY2026 guidance of 13.45–14.45 EPS; analysts see a consensus of 13.68 EPS with an average target of $215.44 and a "Moderate Buy" rating.
• Company insiders have been net sellers (130,673 shares sold in the last 90 days, about $28.2M), Ryder pays a $0.91 quarterly dividend (1.9% yield), and roughly 87% of shares are held by institutional investors.

JPMorgan Chase & Co. lowered its position in Ryder System, Inc. (NYSE:R - Free Report) by 11.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,183 shares of the transportation company's stock after selling 20,669 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.41% of Ryder System worth $31,160,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of Ryder System in the 3rd quarter worth $28,000. MAI Capital Management increased its stake in shares of Ryder System by 57.6% during the second quarter. MAI Capital Management now owns 186 shares of the transportation company's stock valued at $30,000 after buying an additional 68 shares during the period. Assetmark Inc. raised its holdings in shares of Ryder System by 421.9% in the third quarter. Assetmark Inc. now owns 167 shares of the transportation company's stock valued at $32,000 after acquiring an additional 135 shares in the last quarter. Employees Retirement System of Texas bought a new stake in shares of Ryder System in the second quarter valued at about $35,000. Finally, Geneos Wealth Management Inc. lifted its stake in Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company's stock worth $41,000 after acquiring 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

Shares of Ryder System stock opened at $191.49 on Monday. The company has a market capitalization of $7.55 billion, a PE ratio of 16.00 and a beta of 0.93. The company has a 50-day simple moving average of $203.79 and a two-hundred day simple moving average of $189.73. Ryder System, Inc. has a one year low of $125.54 and a one year high of $230.38. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.89 and a current ratio of 0.89.

Ryder System (NYSE:R - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing analysts' consensus estimates of $3.66 by ($0.07). Ryder System had a net margin of 3.95% and a return on equity of 17.70%. The firm had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $3.21 billion. During the same quarter in the prior year, the business posted $3.45 earnings per share. The firm's quarterly revenue was down .4% on a year-over-year basis. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. Research analysts expect that Ryder System, Inc. will post 13.68 EPS for the current fiscal year.

Ryder System Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, February 17th were issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, February 17th. Ryder System's payout ratio is currently 30.41%.

Analyst Ratings Changes

A number of research analysts have commented on R shares. Wells Fargo & Company raised their target price on shares of Ryder System from $210.00 to $236.00 and gave the company an "overweight" rating in a research report on Thursday, February 12th. Citigroup upped their price target on shares of Ryder System from $218.00 to $245.00 and gave the stock a "buy" rating in a research report on Friday, February 13th. Weiss Ratings reiterated a "buy (b)" rating on shares of Ryder System in a research note on Thursday, January 22nd. Susquehanna lifted their price objective on shares of Ryder System from $235.00 to $250.00 and gave the company a "positive" rating in a report on Friday, February 13th. Finally, Wolfe Research reissued a "peer perform" rating on shares of Ryder System in a research note on Thursday, January 8th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $215.44.

Insiders Place Their Bets

In other news, EVP Rajeev Ravindran sold 14,367 shares of the company's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $211.73, for a total transaction of $3,041,924.91. Following the transaction, the executive vice president directly owned 20,832 shares of the company's stock, valued at approximately $4,410,759.36. This represents a 40.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Sanford J. Hodes sold 10,527 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $210.16, for a total value of $2,212,354.32. Following the sale, the senior vice president owned 23,954 shares of the company's stock, valued at approximately $5,034,172.64. This represents a 30.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 130,673 shares of company stock valued at $28,233,471. 4.90% of the stock is currently owned by company insiders.

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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