Mitsubishi UFJ Trust & Banking Corp Sells 6,000 Shares of Ryder System, Inc. $R

Key Points

• Mitsubishi UFJ Trust & Banking reduced its stake in Ryder System by 10%, selling 6,000 shares and holding 54,008 shares worth about $10.34 million (≈0.13% of the company) at quarter-end.
• Company insiders have been net sellers recently—including large sales by Thomas M. Havens and SVP Sanford J. Hodes—with a total of 130,673 shares sold (~$28.2 million) over the last 90 days, leaving insiders with 4.90% ownership.
• Analysts have generally raised targets and ratings on Ryder, with several firms lifting price targets to around $250 and the consensus rating at "Moderate Buy" (average target $234.89).

Mitsubishi UFJ Trust & Banking Corp lessened its position in Ryder System, Inc. (NYSE:R - Free Report) by 10.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,008 shares of the transportation company's stock after selling 6,000 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.13% of Ryder System worth $10,337,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of R. Root Financial Partners LLC bought a new position in Ryder System in the 3rd quarter worth $28,000. Assetmark Inc. raised its holdings in Ryder System by 421.9% in the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company's stock worth $32,000 after acquiring an additional 135 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Ryder System in the 4th quarter worth $34,000. Optima Capital LLC bought a new position in Ryder System in the 4th quarter worth $39,000. Finally, Geneos Wealth Management Inc. raised its holdings in Ryder System by 61.2% in the 1st 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. Institutional investors own 87.47% of the company's stock.

Analyst Upgrades and Downgrades

R has been the topic of several recent analyst reports. Robert W. Baird lifted their target price on shares of Ryder System from $202.00 to $253.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Susquehanna lifted their target price on shares of Ryder System from $235.00 to $250.00 and gave the stock a "positive" rating in a report on Friday, February 13th. JPMorgan Chase & Co. boosted their price objective on shares of Ryder System from $203.00 to $250.00 and gave the stock a "neutral" rating in a report on Friday, April 24th. Barclays boosted their price objective on shares of Ryder System from $220.00 to $250.00 and gave the stock an "overweight" rating in a report on Friday, April 24th. Finally, Wolfe Research restated a "peer perform" rating on shares of Ryder System in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Ryder System has an average rating of "Moderate Buy" and an average price target of $234.89.

Insiders Place Their Bets

In other Ryder System news, insider Thomas M. Havens sold 12,571 shares of the business's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $221.65, for a total value of $2,786,362.15. Following the transaction, the insider directly owned 33,074 shares in the company, valued at $7,330,852.10. The trade was a 27.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Sanford J. Hodes sold 10,527 shares of the business's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $210.16, for a total transaction of $2,212,354.32. Following the completion of the transaction, the senior vice president owned 23,954 shares in the company, valued at approximately $5,034,172.64. This trade represents a 30.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,673 shares of company stock valued at $28,233,471 over the last 90 days. Company insiders own 4.90% of the company's stock.

Ryder System Stock Performance

NYSE R opened at $250.11 on Friday. The stock has a market cap of $9.68 billion, a P/E ratio of 20.79 and a beta of 1.03. The company's 50-day simple moving average is $214.17 and its 200 day simple moving average is $196.35. Ryder System, Inc. has a twelve month low of $139.77 and a twelve month high of $259.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09.

Ryder System (NYSE:R - Get Free Report) last posted its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.25. The business had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.46 earnings per share. Ryder System has set its FY 2026 guidance at 14.050-14.80 EPS and its Q2 2026 guidance at 3.500-3.75 EPS. As a group, research analysts forecast that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, February 17th were paid a $0.91 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $3.64 dividend on an annualized basis and a yield of 1.5%. Ryder System's payout ratio is presently 30.26%.

Ryder System 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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