Quantbot Technologies LP Acquires New Stake in Ryder System, Inc. $R

Quantbot Technologies LP acquired a new position in shares of Ryder System, Inc. (NYSE:R) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 18,891 shares of the transportation company’s stock, valued at approximately $4,983,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of R. Keating Financial Advisory Services Inc. purchased a new stake in Ryder System during the 2nd quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Ryder System in the 2nd quarter valued at about $30,000. Cedar Mountain Advisors LLC boosted its stake in shares of Ryder System by 522.7% in the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock valued at $28,000 after buying an additional 115 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in shares of Ryder System by 36.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after buying an additional 43 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Ryder System during the fourth quarter worth about $31,000. 87.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of Ryder System from $259.00 to $296.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Citizens Jmp started coverage on shares of Ryder System in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Stephens raised shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Susquehanna raised their price objective on shares of Ryder System from $290.00 to $310.00 and gave the company a “positive” rating in a report on Friday, July 24th. Finally, Morgan Stanley lifted their price objective on shares of Ryder System from $263.00 to $280.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.14.

Insider Activity at Ryder System

In other news, SVP Sanford J. Hodes sold 595 shares of Ryder System stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $251.95, for a total transaction of $149,910.25. Following the sale, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. The trade was 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 accessible through this link. Company insiders own 4.90% of the company’s stock.

Ryder System Stock Up 0.6%

R stock opened at $249.44 on Friday. The stock has a market cap of $9.57 billion, a P/E ratio of 20.30 and a beta of 1.02. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. Ryder System, Inc. has a twelve month low of $157.67 and a twelve month high of $284.25. The company’s 50 day moving average is $264.42 and its two-hundred day moving average is $238.70.

Ryder System (NYSE:R) last issued its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.04. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same quarter in the prior year, the business posted $3.32 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. 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. Research analysts expect that Ryder System, Inc. will post 14.74 earnings per share for the current fiscal year.

Ryder System Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be issued a dividend of $1.01 per share. The ex-dividend date of this dividend is Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. Ryder System’s dividend payout ratio is 29.62%.

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.