Thrivent Financial for Lutherans Boosts Stake in Ryder System, Inc. $R

Thrivent Financial for Lutherans lifted its stake in shares of Ryder System, Inc. (NYSE:R) by 23.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,681 shares of the transportation company’s stock after purchasing an additional 15,740 shares during the period. Thrivent Financial for Lutherans’ holdings in Ryder System were worth $15,824,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Ryder System in the 3rd quarter valued at about $28,000. Assetmark Inc. increased its holdings 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 buying an additional 135 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Ryder System during the 4th quarter worth approximately $34,000. Optima Capital LLC purchased a new stake in shares of Ryder System during the 4th quarter valued at approximately $39,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 109 shares during the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Ryder System Price Performance

R stock opened at $231.09 on Tuesday. The business’s 50-day moving average is $217.17 and its two-hundred day moving average is $200.69. 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 firm has a market capitalization of $8.94 billion, a P/E ratio of 19.21 and a beta of 1.04. Ryder System, Inc. has a 1 year low of $143.34 and a 1 year high of $259.00.

Ryder System (NYSE:R) last issued its 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 firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $3.11 billion. Ryder System had a net margin of 3.91% and a return on equity of 17.75%. The company’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous 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. Analysts anticipate that Ryder System, Inc. will post 14.82 earnings per share for the current fiscal year.

Ryder System Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s payout ratio is presently 30.26%.

Insider Transactions at Ryder System

In other news, EVP Rajeev Ravindran sold 2,696 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $221.61, for a total value of $597,460.56. Following the transaction, the executive vice president owned 18,136 shares of the company’s stock, valued at approximately $4,019,118.96. The trade was a 12.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert E. Sanchez sold 41,779 shares of Ryder System stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $223.30, for a total transaction of $9,329,250.70. Following the completion of the transaction, the chief executive officer owned 40,828 shares in the company, valued at approximately $9,116,892.40. This trade represents a 50.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 67,398 shares of company stock worth $15,023,073 over the last 90 days. Company insiders own 4.90% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Zacks Research raised Ryder System from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Weiss Ratings restated a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Citigroup upped their target price on shares of Ryder System from $239.00 to $276.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Robert W. Baird increased their target price on shares of Ryder System from $202.00 to $253.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Susquehanna lifted their price target on shares of Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $234.89.

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.