Ryder System, Inc. $R Shares Sold by Amundi

Key Points

• Amundi cut its Ryder System stake by 66.8% in the first quarter, selling 23,294 shares and retaining 11,582 shares worth approximately $2.37 million. Institutional investors and hedge funds still own 87.47% of the company.
• Ryder reported quarterly EPS of $3.73, slightly above estimates, 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, equivalent to a $4.04 annualized payout and a 1.5% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $294.14.

Amundi decreased its position in Ryder System, Inc. (NYSE:R - Free Report) by 66.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,582 shares of the transportation company's stock after selling 23,294 shares during the quarter. Amundi's holdings in Ryder System were worth $2,371,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its stake in shares of Ryder System by 110.3% in the first quarter. EverSource Wealth Advisors LLC now owns 713 shares of the transportation company's stock valued at $146,000 after buying an additional 374 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Ryder System by 23.6% during the 1st quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company's stock valued at $9,832,000 after acquiring an additional 9,179 shares during the period. Royal Bank of Canada grew its position in Ryder System by 7.1% in the 1st quarter. Royal Bank of Canada now owns 23,666 shares of the transportation company's stock valued at $4,845,000 after acquiring an additional 1,569 shares in the last quarter. Quantinno Capital Management LP grew its position in Ryder System by 6.4% in the 1st quarter. Quantinno Capital Management LP now owns 62,472 shares of the transportation company's stock valued at $12,789,000 after acquiring an additional 3,762 shares in the last quarter. Finally, Lazard Asset Management LLC increased its stake in Ryder System by 7.9% during the first quarter. Lazard Asset Management LLC now owns 9,227 shares of the transportation company's stock worth $1,889,000 after purchasing an additional 677 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Trading Down 1.2%

NYSE R opened at $262.41 on Friday. The firm's fifty day moving average price is $266.18 and its 200 day moving average price is $233.82. Ryder System, Inc. has a 12 month low of $157.67 and a 12 month 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. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of 21.35 and a beta of 1.02.

Ryder System (NYSE:R - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. Ryder System's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.32 earnings per share. 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, sell-side analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Monday, August 24th will be issued a $1.01 dividend. 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. This represents a $4.04 annualized dividend and a dividend yield of 1.5%. Ryder System's dividend payout ratio is currently 29.62%.

Analyst Ratings Changes

Several research analysts have recently commented on R shares. Zacks Research lowered shares of Ryder System from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 22nd. Susquehanna upped their target price on shares of Ryder System from $290.00 to $310.00 and gave the stock a "positive" rating in a research note on Friday, July 24th. Barclays increased their price objective on Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Robert W. Baird raised their target price on shares of Ryder System from $253.00 to $290.00 and gave the company an "outperform" rating in a report on Wednesday, June 17th. Finally, Stephens raised shares of Ryder System to a "strong-buy" rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $294.14.

Insider Activity

In other news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the transaction, the senior vice president directly owned 22,948 shares of the company's stock, valued at $5,781,748.60. The trade was a 2.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 4.90% of the company's stock.

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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