Ryder System, Inc. $R Shares Sold by Wellington Management Group LLP

Key Points

• Wellington Management cut its Ryder System stake by 50.1% in the second quarter, selling 871,479 shares and retaining 867,346 shares valued at approximately $228.8 million. Institutional investors and hedge funds collectively own 87.47% of Ryder.
• Ryder reported quarterly EPS of $3.73, exceeding the $3.69 consensus estimate, while revenue rose 5% year over year to $2.69 billion. The company provided fiscal 2026 EPS guidance of $14.40–$14.80.
• Ryder increased its quarterly dividend to $1.01 per share from $0.91, equivalent to a $4.04 annualized dividend and a 1.6% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $294.14.

Wellington Management Group LLP lowered its stake in shares of Ryder System, Inc. (NYSE:R - Free Report) by 50.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 867,346 shares of the transportation company's stock after selling 871,479 shares during the quarter. Wellington Management Group LLP owned 2.26% of Ryder System worth $228,780,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its stake in Ryder System by 36.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company's stock worth $42,000 after purchasing an additional 43 shares in the last quarter. Quantum Portfolio Management LLC raised its position in Ryder System by 2.1% in the 1st quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company's stock valued at $525,000 after purchasing an additional 52 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in Ryder System by 2.4% in the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company's stock valued at $433,000 after purchasing an additional 52 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of Ryder System by 0.8% in the 4th quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company's stock valued at $1,404,000 after buying an additional 58 shares during the period. Finally, Vectors Research Management LLC grew its position in shares of Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company's stock worth $3,543,000 after buying an additional 61 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Trading Up 0.1%

R opened at $246.04 on Monday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. Ryder System, Inc. has a one year low of $157.67 and a one year high of $284.25. The company has a market cap of $9.44 billion, a P/E ratio of 20.02 and a beta of 1.02. The business's 50-day simple moving average is $262.20 and its 200-day simple moving average is $240.15.

Ryder System (NYSE:R - Get Free Report) last issued its earnings results 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. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business had revenue of $2.69 billion during the quarter, compared to analysts' expectations of $3.29 billion. During the same quarter in the prior year, the business posted $3.32 EPS. The company's revenue for the quarter 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. As a group, equities research analysts expect that Ryder System, Inc. will post 14.74 EPS for the current fiscal year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Monday, August 24th will be given a $1.01 dividend. This is a boost from Ryder System's previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. This represents a $4.04 annualized dividend and a yield of 1.6%. Ryder System's payout ratio is presently 32.87%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on R shares. 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. Morgan Stanley boosted their price target on shares of Ryder System from $263.00 to $280.00 and gave the stock an "overweight" rating in a report on Monday, July 6th. Citizens Jmp started coverage on shares of Ryder System in a research report on Wednesday, July 15th. They issued a "market perform" rating on the stock. Wells Fargo & Company increased their price objective on shares of Ryder System from $290.00 to $300.00 and gave the company an "overweight" rating in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Ryder System from $259.00 to $296.00 and gave the company a "neutral" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Ryder System currently has an average 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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