LSV Asset Management Sells 62,109 Shares of Ryder System, Inc. $R

LSV Asset Management cut its position in shares of Ryder System, Inc. (NYSE:R) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,319,363 shares of the transportation company’s stock after selling 62,109 shares during the quarter. LSV Asset Management’s holdings in Ryder System were worth $252,513,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of R. Vectors Research Management LLC boosted its position in Ryder System by 0.3% during the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after purchasing an additional 61 shares during the last quarter. Burns Matteson Capital Management LLC boosted its position in Ryder System by 2.4% during the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock valued at $509,000 after purchasing an additional 63 shares during the last quarter. MAI Capital Management boosted its position in Ryder System by 43.5% during the third quarter. MAI Capital Management now owns 267 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 81 shares during the last quarter. Callan Family Office LLC boosted its position in Ryder System by 3.2% during the third quarter. Callan Family Office LLC now owns 2,694 shares of the transportation company’s stock valued at $508,000 after purchasing an additional 84 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Ryder System by 6.1% during the fourth quarter. GAMMA Investing LLC now owns 1,452 shares of the transportation company’s stock valued at $278,000 after purchasing an additional 84 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Robert E. Sanchez sold 41,779 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $235.79, for a total value of $169,768.80. Following the completion of the sale, the director directly owned 29,974 shares of the company’s stock, valued at approximately $7,067,569.46. The trade was a 2.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 52,131 shares of company stock valued at $11,639,250 over the last three months. Insiders own 4.90% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on Ryder System from $203.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Barclays increased their price target on Ryder System from $220.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Susquehanna increased their price target on Ryder System from $235.00 to $250.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Zacks Research raised Ryder System from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company increased their price target on Ryder System from $210.00 to $236.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $234.89.

Ryder System Stock Performance

R opened at $243.92 on Friday. Ryder System, Inc. has a 12-month low of $143.34 and a 12-month high of $259.00. The stock has a market cap of $9.44 billion, a price-to-earnings ratio of 20.28 and a beta of 1.04. The business has a 50 day moving average of $220.13 and a 200-day moving average of $202.34. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.09.

Ryder System (NYSE:R) last released its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. Ryder System had a return on equity of 17.75% and a net margin of 3.91%.The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period last year, the firm posted $2.46 earnings per share. The business’s 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. On average, equities research analysts expect that Ryder System, Inc. will post 14.82 earnings per share for the current year.

Ryder System Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, May 18th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, May 18th. Ryder System’s dividend payout ratio (DPR) is presently 30.26%.

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.