Ryder System (NYSE:R) CEO Robert Sanchez Sells 41,779 Shares

Ryder System, Inc. (NYSE:R) CEO Robert Sanchez sold 41,779 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 40,828 shares of the company’s stock, valued at $9,116,892.40. This trade represents a 50.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ryder System Stock Performance

R stock traded up $2.73 during mid-day trading on Thursday, hitting $223.65. The company had a trading volume of 575,577 shares, compared to its average volume of 389,995. Ryder System, Inc. has a 12 month low of $125.54 and a 12 month high of $230.38. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.89 and a current ratio of 0.89. The stock’s fifty day moving average price is $200.62 and its two-hundred day moving average price is $187.43. The firm has a market cap of $8.82 billion, a PE ratio of 18.68 and a beta of 0.96.

Ryder System (NYSE:R) last announced its quarterly earnings results on Wednesday, February 11th. The transportation company reported $3.59 earnings per share for the quarter, missing the consensus estimate of $3.66 by ($0.07). The company had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $3.21 billion. Ryder System had a net margin of 3.95% and a return on equity of 17.70%. Ryder System’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.45 earnings per share. Ryder System has set its FY 2026 guidance at 13.450-14.450 EPS and its Q1 2026 guidance at 2.100-2.350 EPS. On average, analysts forecast that Ryder System, Inc. will post 13.68 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.64 annualized dividend and a yield of 1.6%. Ryder System’s dividend payout ratio is presently 30.41%.

Institutional Trading of Ryder System

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada lifted its stake in shares of Ryder System by 52.8% in the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after purchasing an additional 5,448 shares during the period. Focus Partners Wealth grew its stake in Ryder System by 7.9% in the 1st quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock worth $266,000 after acquiring an additional 135 shares during the period. Geneos Wealth Management Inc. lifted its position in Ryder System by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after buying an additional 109 shares during the period. CWM LLC raised its stake in Ryder System by 46.5% during the second quarter. CWM LLC now owns 1,263 shares of the transportation company’s stock worth $201,000 after purchasing an additional 401 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its position in Ryder System by 3.4% during the second quarter. State of New Jersey Common Pension Fund D now owns 12,530 shares of the transportation company’s stock valued at $1,992,000 after acquiring an additional 417 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on R. Susquehanna boosted their target price on shares of Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Wolfe Research reaffirmed a “peer perform” rating on shares of Ryder System in a research report on Thursday, January 8th. Citigroup upped their target price on Ryder System from $218.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Wells Fargo & Company boosted their price objective on shares of Ryder System from $210.00 to $236.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a research note on Thursday, January 22nd. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Ryder System has an average rating of “Moderate Buy” and a consensus price target of $215.44.

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.