M&T Bank Corp Boosts Holdings in Ryder System, Inc. $R

Key Points

• M&T Bank Corp boosted its stake in Ryder System by 1,022.8% in Q4, buying 16,437 shares to hold 18,044 shares valued at about $3.45 million.
• Multiple analysts raised targets recently (Wells Fargo, Baird, Citigroup, Susquehanna), leaving Ryder with a consensus rating of "Moderate Buy" and an average price target of roughly $234.89.
• Ryder reported $2.54 EPS for the quarter (beating estimates) while revenue missed at $2.57B, and it set FY2026 guidance of 14.05–14.80 EPS with analysts forecasting about 14.56 EPS.

M&T Bank Corp boosted its position in Ryder System, Inc. (NYSE:R - Free Report) by 1,022.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,044 shares of the transportation company's stock after buying an additional 16,437 shares during the period. M&T Bank Corp's holdings in Ryder System were worth $3,453,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Burns Matteson Capital Management LLC grew its position in Ryder System by 2.4% in the 4th quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company's stock valued at $509,000 after buying an additional 63 shares during the last quarter. CoreCap Advisors LLC grew its position in Ryder System by 26.4% in the 3rd quarter. CoreCap Advisors LLC now owns 354 shares of the transportation company's stock valued at $67,000 after buying an additional 74 shares during the last quarter. MAI Capital Management lifted its holdings in Ryder System by 43.5% in the third quarter. MAI Capital Management now owns 267 shares of the transportation company's stock valued at $50,000 after acquiring an additional 81 shares during the period. Callan Family Office LLC lifted its holdings in Ryder System by 3.2% in the third quarter. Callan Family Office LLC now owns 2,694 shares of the transportation company's stock valued at $508,000 after acquiring an additional 84 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Ryder System by 6.1% in the fourth quarter. GAMMA Investing LLC now owns 1,452 shares of the transportation company's stock valued at $278,000 after acquiring an additional 84 shares during the period. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

R has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their target price on Ryder System from $210.00 to $236.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. Robert W. Baird raised their target price on Ryder System from $202.00 to $253.00 and gave the company an "outperform" rating in a report on Friday. Weiss Ratings reissued a "buy (b)" rating on shares of Ryder System in a report on Thursday, January 22nd. Citigroup raised their target price on Ryder System from $239.00 to $276.00 and gave the company a "buy" rating in a report on Friday. Finally, Susquehanna raised their target price on Ryder System from $235.00 to $250.00 and gave the company a "positive" rating in a report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $234.89.

Ryder System Price Performance

Ryder System stock opened at $249.37 on Tuesday. Ryder System, Inc. has a one year low of $133.73 and a one year high of $256.57. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. The business has a fifty day moving average of $212.41 and a two-hundred day moving average of $195.10. The company has a market cap of $9.65 billion, a P/E ratio of 20.73 and a beta of 0.93.

Ryder System (NYSE:R - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.25. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business's revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.46 EPS. 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, analysts predict that Ryder System, Inc. will post 14.56 earnings per share for the current fiscal year.

Ryder System Announces Dividend

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

Insider Buying and Selling at Ryder System

In other news, Director E Follin Smith sold 32,230 shares of Ryder System stock in a transaction on Friday, February 13th. The stock was sold at an average price of $207.61, for a total transaction of $6,691,270.30. Following the completion of the transaction, the director owned 1,549 shares of the company's stock, valued at $321,587.89. The trade was a 95.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Sanford J. Hodes sold 10,527 shares of Ryder System stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $210.16, for a total value of $2,212,354.32. Following the transaction, the senior vice president directly owned 23,954 shares of the company's stock, valued at $5,034,172.64. This trade represents a 30.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 130,673 shares of company stock worth $28,233,471. Insiders own 4.90% of the company's stock.

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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