7,889 Shares in Ryder System, Inc. $R Purchased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. acquired a new stake in Ryder System, Inc. (NYSE:R) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,889 shares of the transportation company’s stock, valued at approximately $2,081,000.

A number of other institutional investors also recently added to or reduced their stakes in R. Norges Bank purchased a new position in shares of Ryder System during the 4th quarter worth approximately $111,168,000. JPMorgan Chase & Co. lifted its holdings in shares of Ryder System by 326.8% in the 4th quarter. JPMorgan Chase & Co. now owns 705,037 shares of the transportation company’s stock valued at $134,937,000 after buying an additional 539,854 shares during the period. Orbis Allan Gray Ltd boosted its stake in shares of Ryder System by 107.3% in the fourth quarter. Orbis Allan Gray Ltd now owns 974,620 shares of the transportation company’s stock valued at $186,533,000 after buying an additional 504,404 shares in the last quarter. First Trust Advisors LP grew its holdings in Ryder System by 81.5% during the first quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock worth $206,822,000 after acquiring an additional 453,697 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Ryder System by 53.3% during the third quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock worth $134,855,000 after acquiring an additional 250,432 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

Insider Activity at Ryder System

In other news, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the sale, the senior vice president directly owned 22,948 shares in the company, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.90% of the stock is owned by corporate insiders.

Ryder System Trading Down 0.7%

NYSE:R opened at $260.38 on Tuesday. The company has a market capitalization of $9.99 billion, a PE ratio of 21.19 and a beta of 1.02. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.91. Ryder System, Inc. has a 52-week low of $157.67 and a 52-week high of $284.25. The stock has a fifty day simple moving average of $266.56 and a 200-day simple moving average of $234.84.

Ryder System (NYSE:R) last released its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, topping the consensus estimate of $3.69 by $0.04. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.32 EPS. 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. On average, equities research analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The firm 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. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. This is a boost from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s payout ratio is currently 29.62%.

Analyst Ratings Changes

A number of equities research analysts have commented on R shares. Morgan Stanley raised their target price on Ryder System from $263.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Wells Fargo & Company upped their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Robert W. Baird increased their price target on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a report on Wednesday, June 17th. 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 research note on Friday, July 24th. Finally, Wall Street Zen raised shares of Ryder System from a “buy” rating to a “strong-buy” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $294.14.

Ryder System 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.