Jupiter Topco LLC Takes $46.68 Million Position in Ryder System, Inc. $R

Key Points

• Jupiter Topco LLC acquired 176,906 Ryder System shares worth approximately $46.68 million, representing a 0.46% stake. Several other institutional investors also initiated positions, and institutions now own 87.47% of the stock.
• Ryder reported quarterly EPS of $3.73, topping 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 increased its quarterly dividend to $1.01 per share from $0.91, giving it a 1.6% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $294.14.

Jupiter Topco LLC bought a new position in shares of Ryder System, Inc. (NYSE:R - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 176,906 shares of the transportation company's stock, valued at approximately $46,680,000. Jupiter Topco LLC owned 0.46% of Ryder System as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of R. J. Goldman & Co LP purchased a new position in Ryder System during the second quarter valued at approximately $9,176,000. Hsbc Holdings PLC purchased a new stake in Ryder System in the 2nd quarter worth approximately $14,773,000. Canada Pension Plan Investment Board purchased a new stake in Ryder System in the 2nd quarter worth approximately $16,697,000. Legal & General Group Plc acquired a new stake in shares of Ryder System during the 2nd quarter worth approximately $16,608,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Ryder System during the 2nd quarter valued at approximately $7,221,000. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Stock Down 0.7%

Ryder System stock opened at $247.99 on Friday. The stock has a market capitalization of $9.51 billion, a PE ratio of 20.18 and a beta of 1.02. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month high of $284.25. The business has a 50 day simple moving average of $262.56 and a 200-day simple moving average of $239.94. 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 announced its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. During the same quarter last year, the firm posted $3.32 EPS. The business's revenue was up 5.0% on a year-over-year basis. 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. On average, analysts anticipate that Ryder System, Inc. will post 14.74 EPS 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. Shareholders 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 is a positive change from Ryder System's previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a yield of 1.6%. Ryder System's payout ratio is 32.87%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a research note on Friday, July 24th. Citizens Jmp assumed coverage on shares of Ryder System in a research report on Wednesday, July 15th. They set a "market perform" rating on the stock. Zacks Research cut shares of Ryder System from a "strong-buy" rating to a "hold" rating in a report on Monday, June 22nd. Morgan Stanley upped their price objective on shares of Ryder System from $263.00 to $280.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. Finally, Stephens raised shares of Ryder System to a "strong-buy" rating in a research note on Wednesday, July 8th. One investment 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.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $294.14.

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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