Vise Technologies Inc. Makes New Investment in Ryder System, Inc. $R

Vise Technologies Inc. bought a new position in shares of Ryder System, Inc. (NYSE:R) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,693 shares of the transportation company’s stock, valued at approximately $1,502,000.

A number of other large investors have also recently made changes to their positions in R. Cedar Mountain Advisors LLC increased its stake in Ryder System by 522.7% in the 1st quarter. Cedar Mountain Advisors LLC now owns 137 shares of the transportation company’s stock worth $28,000 after buying an additional 115 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Ryder System during the 2nd quarter valued at about $30,000. Los Angeles Capital Management LLC purchased a new stake in Ryder System in the 4th quarter valued at about $31,000. Geneos Wealth Management Inc. boosted its position in Ryder System by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock valued at $41,000 after buying an additional 109 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Ryder System by 36.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 160 shares of the transportation company’s stock worth $42,000 after acquiring an additional 43 shares in the last quarter. 87.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on R. Morgan Stanley raised their target price 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. JPMorgan Chase & Co. boosted their price target on Ryder System from $259.00 to $296.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Citizens Jmp assumed coverage on Ryder System in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Barclays raised their price objective on Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Stephens raised Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $294.14.

Ryder System Trading Up 0.6%

Shares of NYSE R opened at $249.44 on Friday. Ryder System, Inc. has a 1-year low of $157.67 and a 1-year high of $284.25. The business has a fifty day moving average price of $264.42 and a 200 day moving average price of $238.70. The stock has a market capitalization of $9.57 billion, a P/E ratio of 20.30 and a beta of 1.02. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.65 and a quick ratio of 0.65.

Ryder System (NYSE:R) last posted 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. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $3.29 billion. Ryder System had a return on equity of 18.28% and a net margin of 3.88%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.32 earnings per share. 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. Equities research analysts expect that Ryder System, Inc. will post 14.74 EPS 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. Investors of record on Monday, August 24th will be paid a dividend of $1.01 per share. This is a boost from Ryder System’s previous quarterly dividend of $0.91. The ex-dividend date is Monday, August 24th. This represents a $4.04 annualized dividend and a dividend yield of 1.6%. Ryder System’s dividend payout ratio (DPR) is presently 29.62%.

Insider Buying and Selling

In related news, SVP Sanford J. Hodes sold 595 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total transaction of $149,910.25. Following the completion of the sale, the senior vice president owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 4.90% of the stock is owned by insiders.

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.