Edgestream Partners L.P. Has $9.16 Million Position in Ryder System, Inc. $R

Edgestream Partners L.P. lessened its holdings in Ryder System, Inc. (NYSE:R) by 31.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,761 shares of the transportation company’s stock after selling 20,339 shares during the quarter. Edgestream Partners L.P.’s holdings in Ryder System were worth $9,163,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Quantum Portfolio Management LLC boosted its holdings in Ryder System by 2.1% in the 1st quarter. Quantum Portfolio Management LLC now owns 2,564 shares of the transportation company’s stock valued at $525,000 after purchasing an additional 52 shares during the period. Orion Porfolio Solutions LLC increased its holdings in shares of Ryder System by 2.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 2,262 shares of the transportation company’s stock worth $433,000 after purchasing an additional 52 shares during the period. Corient Private Wealth LLC raised its position in shares of Ryder System by 0.8% in the fourth quarter. Corient Private Wealth LLC now owns 7,337 shares of the transportation company’s stock valued at $1,404,000 after buying an additional 58 shares in the last quarter. Vectors Research Management LLC boosted its stake in shares of Ryder System by 0.3% in the fourth quarter. Vectors Research Management LLC now owns 18,512 shares of the transportation company’s stock valued at $3,543,000 after buying an additional 61 shares during the period. Finally, Burns Matteson Capital Management LLC boosted its stake in shares of Ryder System by 2.4% in the fourth quarter. Burns Matteson Capital Management LLC now owns 2,657 shares of the transportation company’s stock valued at $509,000 after buying an additional 63 shares during the period. 87.47% of the stock is currently owned by institutional investors and hedge funds.

Ryder System Stock Performance

Ryder System stock opened at $257.92 on Thursday. The business has a 50 day moving average of $264.18 and a 200-day moving average of $230.83. The company has a market capitalization of $9.89 billion, a P/E ratio of 20.99 and a beta of 1.01. Ryder System, Inc. has a 1 year low of $157.67 and a 1 year high of $284.25. 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 announced its earnings results on Thursday, July 23rd. The transportation company reported $3.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.69 by $0.04. The business had revenue of $2.69 billion during 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%.Ryder System’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $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, equities research analysts predict that Ryder System, Inc. will post 14.74 earnings per share 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 issued a $1.01 dividend. The ex-dividend date is Monday, August 24th. This is a positive change from Ryder System’s previous quarterly dividend of $0.91. This represents a $4.04 dividend on an annualized basis and a yield of 1.6%. Ryder System’s dividend payout ratio is 29.62%.

Insiders Place Their Bets

In other news, Director Luis P. Nieto, Jr. sold 720 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was 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 in the company, valued at $7,067,569.46. This trade represents a 2.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Sanford J. Hodes sold 595 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $251.95, for a total value of $149,910.25. Following the completion of the sale, the senior vice president directly owned 22,948 shares of the company’s stock, valued at $5,781,748.60. This trade represents a 2.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 4.90% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on R. Wall Street Zen upgraded Ryder System from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryder System in a research report on Wednesday, May 27th. Citizens Jmp assumed coverage on shares of Ryder System in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. Citigroup raised their target price on shares of Ryder System from $280.00 to $283.00 and gave the company a “neutral” rating in a report on Friday, July 24th. 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 report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $294.14.

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.