18,535 Shares in Ryder System, Inc. $R Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new stake in shares of Ryder System, Inc. (NYSE:R) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 18,535 shares of the transportation company’s stock, valued at approximately $4,889,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Engineers Gate Manager LP grew its position in shares of Ryder System by 11.2% in the second quarter. Engineers Gate Manager LP now owns 23,413 shares of the transportation company’s stock valued at $6,176,000 after purchasing an additional 2,351 shares during the last quarter. Cidel Asset Management Inc. acquired a new position in shares of Ryder System during the 2nd quarter worth approximately $241,000. Integrated Wealth Concepts LLC purchased a new stake in Ryder System in the 2nd quarter valued at approximately $111,000. NewEdge Advisors LLC lifted its stake in Ryder System by 1.5% in the 2nd quarter. NewEdge Advisors LLC now owns 27,438 shares of the transportation company’s stock valued at $7,237,000 after buying an additional 399 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in Ryder System by 0.7% during the 2nd quarter. Baird Financial Group Inc. now owns 9,441 shares of the transportation company’s stock valued at $2,490,000 after buying an additional 61 shares during the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Susquehanna boosted their price target on Ryder System from $290.00 to $310.00 and gave the stock a “positive” rating in a report on Friday, July 24th. Barclays increased their price objective on Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Robert W. Baird boosted their target price on shares of Ryder System from $253.00 to $290.00 and gave the company an “outperform” rating in a research note on Wednesday, June 17th. Citizens Jmp assumed coverage on shares of Ryder System in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, Wall Street Zen raised shares of Ryder System from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Ryder System presently has a consensus rating of “Moderate Buy” and an average target price of $294.14.

Ryder System Stock Down 1.3%

Shares of NYSE:R opened at $241.66 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.91. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 19.66 and a beta of 1.01. The stock’s 50-day moving average price is $258.87 and its two-hundred day moving average price is $241.98. Ryder System, Inc. has a 12-month low of $157.67 and a 12-month high of $284.25.

Ryder System (NYSE:R) last posted its quarterly earnings data on Thursday, July 23rd. The transportation company reported $3.73 EPS for the quarter, beating analysts’ consensus estimates of $3.69 by $0.04. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a net margin of 3.88% and a return on equity of 18.28%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.32 EPS. 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. On average, research analysts forecast that Ryder System, Inc. will post 14.74 EPS for the current year.

Ryder System Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be paid a dividend of $1.01 per share. This is an increase from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 24th. Ryder System’s payout ratio is 32.87%.

Ryder System Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. The company serves commercial customers across industries, helping them manage the movement, storage and delivery of goods through integrated transportation and logistics solutions.

Ryder’s fleet management offerings include commercial truck leasing, rental, maintenance and related support services. It also sells used vehicles and provides technology designed to help customers monitor fleets, improve utilization and manage transportation operations.