Ryder System (NYSE:R) Hits New 1-Year High After Dividend Announcement

Key Points

• Ryder shares hit a new 52-week high after the company announced a dividend of $0.91 per share payable June 19 (record/ex-dividend date May 18), which annualizes to $3.64 and implies a ~1.5% yield with a payout ratio near 30.3%.
• Several analysts raised targets and ratings (Barclays and Susquehanna to $250; Zacks to "strong-buy"), and MarketBeat shows an average analyst stance of Moderate Buy with a mean price target of $234.89.
• Ryder beat Q1 EPS estimates ($2.54 vs. $2.29) and set FY2026 guidance of $14.05–$14.80 EPS, but insiders have recently sold material stock positions (about 130,673 shares worth roughly $28.2M over the last 90 days).

Ryder System, Inc. (NYSE:R - Get Free Report) shares reached a new 52-week high on Monday after the company announced a dividend. The stock traded as high as $259.00 and last traded at $243.8750, with a volume of 355462 shares trading hands. The stock had previously closed at $249.99.The newly announced dividend which will be paid on Friday, June 19th. Shareholders of record on Monday, May 18th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System's dividend payout ratio (DPR) is currently 30.26%.

Analysts Set New Price Targets

A number of research firms have weighed in on R. Barclays lifted their price objective on Ryder System from $220.00 to $250.00 and gave the company an "overweight" rating in a research note on Friday, April 24th. Zacks Research raised Ryder System from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 29th. Weiss Ratings reiterated a "buy (b)" rating on shares of Ryder System in a research report on Thursday, January 22nd. Susquehanna upped their price objective on Ryder System from $235.00 to $250.00 and gave the stock a "positive" rating in a research report on Friday, February 13th. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of Ryder System in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Ryder System presently has an average rating of "Moderate Buy" and an average price target of $234.89.

Ryder System Price Performance

The firm has a market capitalization of $9.33 billion, a price-to-earnings ratio of 20.09 and a beta of 1.04. The stock's 50-day moving average price is $214.17 and its 200 day moving average price is $196.57. 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 quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.25. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior 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. Equities research analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Rajeev Ravindran sold 14,367 shares of the firm's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $211.73, for a total transaction of $3,041,924.91. Following the transaction, the executive vice president owned 20,832 shares of the company's stock, valued at $4,410,759.36. This trade represents a 40.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert E. Sanchez sold 41,779 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $223.30, for a total value of $9,329,250.70. Following the sale, the chief executive officer directly owned 40,828 shares of the company's stock, valued at $9,116,892.40. The trade was a 50.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 130,673 shares of company stock valued at $28,233,471 over the last ninety days. 4.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ryder System

A number of large investors have recently bought and sold shares of R. Royal Bank of Canada raised its holdings in Ryder System by 52.8% during the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company's stock worth $2,267,000 after purchasing an additional 5,448 shares in the last quarter. Focus Partners Wealth raised its position in Ryder System by 7.9% in the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company's stock worth $266,000 after acquiring an additional 135 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Ryder System by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company's stock worth $41,000 after purchasing an additional 109 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Ryder System by 10.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company's stock worth $189,000 after buying an additional 110 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of Ryder System by 10.9% in the second quarter. M&T Bank Corp now owns 2,153 shares of the transportation company's stock valued at $343,000 after purchasing an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 87.47% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.