Insider Selling: Ryder System (NYSE:R) SVP Sells 595 Shares of Stock

Key Points

• Ryder System SVP Sanford Hodes sold 595 shares on May 28 at an average price of $251.95, totaling about $149,910. After the sale, he still held 22,948 shares valued at roughly $5.78 million.
• The stock has been trading near its 52-week high, recently rising to $250.41 and sitting just below the $259.00 high, with a market capitalization of about $9.69 billion.
• Ryder reported mixed quarterly results: EPS of $2.54 beat estimates, but revenue of $2.57 billion came in below expectations. The company also maintained dividend support with a $0.91 quarterly payout and an annualized yield of 1.5%.

Ryder System, Inc. (NYSE:R - Get Free Report) SVP Sanford Hodes sold 595 shares of Ryder System stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the sale, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. This trade represents a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Ryder System Price Performance

Shares of NYSE R traded up $1.60 during trading on Friday, hitting $250.41. The company had a trading volume of 421,585 shares, compared to its average volume of 390,815. The stock has a fifty day simple moving average of $224.79 and a two-hundred day simple moving average of $204.83. Ryder System, Inc. has a fifty-two week low of $143.34 and a fifty-two week high of $259.00. The firm has a market capitalization of $9.69 billion, a price-to-earnings ratio of 20.82 and a beta of 1.04. 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 issued its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.29 by $0.25. The firm had revenue of $2.57 billion during the quarter, compared to analysts' expectations of $3.11 billion. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, research analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, May 18th. Ryder System's dividend payout ratio is 30.26%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in R. Orion Porfolio Solutions LLC boosted its stake in shares of Ryder System by 2.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company's stock worth $433,000 after purchasing an additional 52 shares during the last quarter. Quantum Portfolio Management LLC boosted its stake in shares of Ryder System by 2.1% during the 1st quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company's stock worth $525,000 after purchasing an additional 52 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of Ryder System by 0.8% during the 4th quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company's stock worth $1,404,000 after purchasing an additional 58 shares during the last quarter. Vectors Research Management LLC boosted its stake in shares of Ryder System by 0.3% during the 4th quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company's stock worth $3,543,000 after purchasing an additional 61 shares during the last quarter. Finally, Burns Matteson Capital Management LLC boosted its stake in shares of Ryder System by 2.4% during the 4th quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company's stock worth $509,000 after purchasing an additional 63 shares during the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on R shares. Zacks Research raised shares of Ryder System from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 29th. Weiss Ratings restated a "buy (b)" rating on shares of Ryder System in a report on Wednesday. Robert W. Baird upped their price target on Ryder System from $202.00 to $253.00 and gave the company an "outperform" rating in a research report on Friday, April 24th. Wells Fargo & Company upped their price target on Ryder System from $210.00 to $236.00 and gave the company an "overweight" rating in a research report on Thursday, February 12th. Finally, Barclays boosted their price objective on Ryder System from $220.00 to $250.00 and gave the stock an "overweight" rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $234.89.

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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