Brokerages Set Ryder System, Inc. (NYSE:R) PT at $234.89

Ryder System, Inc. (NYSE:R) has earned an average recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $234.8889.

A number of equities research analysts have recently commented on the company. Susquehanna raised their price target on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. Citigroup raised their price target on Ryder System from $239.00 to $276.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company raised their price target on Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. lifted their target price on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Zacks Research raised Ryder System from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th.

Insider Activity at Ryder System

In related news, CEO Robert E. Sanchez sold 41,779 shares of Ryder System 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 owned 40,828 shares of the company’s stock, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Luis P. Nieto, Jr. sold 720 shares of Ryder System stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the sale, the director directly owned 29,974 shares in the company, valued at approximately $7,067,569.46. This represents a 2.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 52,131 shares of company stock valued at $11,639,250. 4.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Ryder System

Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in shares of Ryder System during the 3rd quarter worth approximately $28,000. Cedar Mountain Advisors LLC boosted its stake in shares of Ryder System by 522.7% during the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after acquiring an additional 115 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of Ryder System during the 4th quarter worth approximately $31,000. Assetmark Inc. boosted its stake in shares of Ryder System by 421.9% during the 3rd quarter. Assetmark Inc. now owns 167 shares of the transportation company’s stock worth $32,000 after acquiring an additional 135 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Ryder System during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

Ryder System Trading Up 2.3%

NYSE R opened at $243.92 on Monday. The firm has a market cap of $9.44 billion, a P/E ratio of 20.28 and a beta of 1.04. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.68 and a quick ratio of 0.68. The stock’s 50-day moving average is $220.13 and its 200-day moving average is $202.34. Ryder System has a one year low of $143.34 and a one year high of $259.00.

Ryder System (NYSE:R) last released its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The company had revenue of $2.57 billion for 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%.Ryder System’s revenue was down .2% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Sell-side analysts anticipate that Ryder System will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors 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 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%.

About Ryder System

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.