Redwood Investment Management LLC Makes New $1.18 Million Investment in Ryder System, Inc. $R

Redwood Investment Management LLC acquired a new stake in Ryder System, Inc. (NYSE:R) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 4,456 shares of the transportation company’s stock, valued at approximately $1,175,000.

Other institutional investors have also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership boosted its stake in Ryder System by 9.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 194,632 shares of the transportation company’s stock valued at $39,843,000 after buying an additional 16,070 shares in the last quarter. Braun Stacey Associates Inc. acquired a new position in Ryder System during the first quarter worth about $12,189,000. California State Teachers Retirement System lifted its holdings in shares of Ryder System by 23.6% in the first quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock worth $9,832,000 after acquiring an additional 9,179 shares during the last quarter. NewEdge Wealth LLC lifted its holdings in shares of Ryder System by 2.9% in the fourth quarter. NewEdge Wealth LLC now owns 250,334 shares of the transportation company’s stock worth $47,911,000 after acquiring an additional 6,952 shares during the last quarter. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of Ryder System in the 4th quarter valued at approximately $841,000. 87.47% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on R. JPMorgan Chase & Co. lifted their price target 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. Susquehanna increased their price objective on shares of Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a research note on Friday, July 24th. 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 research report on Wednesday, June 17th. Zacks Research cut shares of Ryder System from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, Morgan Stanley upped 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and an average price target of $294.14.

Ryder System Stock Performance

R stock opened at $249.96 on Thursday. Ryder System, Inc. has a 1-year low of $157.67 and a 1-year high of $284.25. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. The stock has a 50-day moving average price of $262.87 and a 200-day moving average price of $239.73. The firm has a market cap of $9.59 billion, a PE ratio of 20.34 and a beta of 1.02.

Ryder System (NYSE:R) last posted its quarterly earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $3.29 billion. During the same period in the prior year, the business earned $3.32 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. 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 earnings per share for the current year.

Ryder System Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued a $1.01 dividend. The ex-dividend date 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 yield of 1.6%. Ryder System’s dividend payout ratio is currently 32.87%.

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.