JPMorgan Chase & Co. Increases Ryder System (NYSE:R) Price Target to $296.00

Ryder System (NYSE:R) had its price target lifted by research analysts at JPMorgan Chase & Co. from $259.00 to $296.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 9.77% from the company’s previous close.

R has been the subject of several other reports. Citigroup cut shares of Ryder System from a “neutral” rating to a “hold” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded shares of Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Citizens Jmp began coverage on shares of Ryder System in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. Barclays lifted their price objective on shares of Ryder System from $250.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Finally, Wells Fargo & Company boosted their target price on shares of Ryder System from $290.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $279.50.

Ryder System Price Performance

Shares of NYSE:R traded up $1.75 during trading on Friday, reaching $269.66. The company had a trading volume of 184,501 shares, compared to its average volume of 390,804. The firm’s fifty day moving average is $261.59 and its 200 day moving average is $228.73. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market capitalization of $10.43 billion, a PE ratio of 22.42 and a beta of 1.01. Ryder System has a twelve month low of $157.67 and a twelve month high of $284.25.

Ryder System (NYSE:R) last released its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.04. The firm 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 17.75% and a net margin of 3.91%.Ryder System’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities analysts forecast that Ryder System will post 14.73 EPS for the current year.

Insiders Place Their Bets

In other Ryder System news, Director Luis P. Nieto, Jr. sold 720 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $235.79, for a total transaction of $169,768.80. Following the transaction, the director directly owned 29,974 shares of the company’s stock, valued at $7,067,569.46. This represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the transaction, the senior vice president owned 22,948 shares in the company, valued at approximately $5,781,748.60. This trade represents a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of Ryder System by 52.8% during the first quarter. Royal Bank of Canada now owns 15,765 shares of the transportation company’s stock valued at $2,267,000 after buying an additional 5,448 shares during the last quarter. Focus Partners Wealth increased its stake in Ryder System by 7.9% during the first quarter. Focus Partners Wealth now owns 1,851 shares of the transportation company’s stock valued at $266,000 after acquiring an additional 135 shares during the period. Geneos Wealth Management Inc. raised its holdings 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 acquiring an additional 109 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Ryder System by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,191 shares of the transportation company’s stock worth $189,000 after acquiring an additional 110 shares during the period. Finally, M&T Bank Corp grew its holdings in shares of Ryder System by 10.9% during the 2nd quarter. M&T Bank Corp now owns 2,153 shares of the transportation company’s stock worth $343,000 after purchasing an additional 212 shares in the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System News Roundup

Here are the key news stories impacting Ryder System this week:

• Positive Sentiment: Ryder beat Q2 earnings expectations, reporting adjusted EPS of $3.73 versus the consensus near $3.69, and revenue grew 5% year over year, signaling solid operating performance. Ryder Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 earnings outlook, which typically boosts confidence that management sees continued profitability ahead. Ryder System Raises 2026 Earnings Outlook on Strong Q2
• Positive Sentiment: Analysts turned more constructive: Wells Fargo raised its price target to $300 from $290 and kept an overweight rating, while Susquehanna lifted its target to $310 from $290 with a positive rating, both implying upside from recent trading levels. Benzinga analyst update
• Neutral Sentiment: Revenue came in below some expectations despite the EPS beat, suggesting the quarter was mixed rather than uniformly strong. Ryder Reports Q2 Earnings: What Key Metrics Have to Say
• Neutral Sentiment: Ryder’s updated Q3 and full-year guidance was slightly below some analyst estimates, which may temper some of the post-earnings enthusiasm. Ryder System Q2 2026 Earnings Call: Complete Transcript

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.