Ryder System, Inc. (R) to Issue Quarterly Dividend of $0.91 on June 19th

Ryder System, Inc. (NYSE:R) declared a quarterly dividend on Friday, May 1st. Investors of record on Monday, May 18th will be given a dividend of 0.91 per share by the transportation company on Friday, June 19th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, May 18th.

Ryder System has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 20 consecutive years. Ryder System has a dividend payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ryder System to earn $17.42 per share next year, which means the company should continue to be able to cover its $3.64 annual dividend with an expected future payout ratio of 20.9%.

Ryder System Stock Performance

Shares of NYSE R opened at $231.04 on Friday. Ryder System has a 1 year low of $143.34 and a 1 year high of $259.00. The firm has a market cap of $8.94 billion, a P/E ratio of 19.21 and a beta of 1.04. The stock has a fifty day moving average price of $216.75 and a two-hundred day moving average price of $200.03. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68.

Ryder System (NYSE:R) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter last year, the business posted $2.46 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. 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. Research analysts forecast that Ryder System will post 14.82 EPS for the current fiscal year.

Insider Buying and Selling at Ryder System

In other Ryder System news, insider Thomas M. Havens sold 12,571 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $221.65, for a total transaction of $2,786,362.15. Following the completion of the sale, the insider directly owned 33,074 shares in the company, valued at approximately $7,330,852.10. This trade represents a 27.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Robert E. Sanchez sold 41,779 shares of Ryder System stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $223.30, for a total value of $9,329,250.70. Following the transaction, the chief executive officer directly owned 40,828 shares in the company, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,925 shares of company stock valued at $17,235,427 in the last ninety days. Company insiders own 4.90% of the company’s stock.

Institutional Trading of Ryder System

Hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new position in Ryder System during the fourth quarter valued at approximately $111,168,000. JPMorgan Chase & Co. lifted its position in Ryder System by 326.8% in the 4th quarter. JPMorgan Chase & Co. now owns 705,037 shares of the transportation company’s stock worth $134,937,000 after buying an additional 539,854 shares in the last quarter. Orbis Allan Gray Ltd boosted its stake in shares of Ryder System by 107.3% during the 4th 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 during the period. First Trust Advisors LP grew its holdings in shares of Ryder System by 81.5% during the 1st quarter. First Trust Advisors LP now owns 1,010,320 shares of the transportation company’s stock valued at $206,822,000 after acquiring an additional 453,697 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Ryder System by 53.3% during the 3rd quarter. AQR Capital Management LLC now owns 720,108 shares of the transportation company’s stock valued at $134,855,000 after acquiring an additional 250,432 shares in the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

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.