Ryder System, Inc. $R Holdings Lifted by SummerHaven Investment Management LLC

SummerHaven Investment Management LLC raised its position in Ryder System, Inc. (NYSE:R) by 50.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 6,444 shares of the transportation company’s stock after acquiring an additional 2,162 shares during the quarter. Ryder System accounts for about 1.0% of SummerHaven Investment Management LLC’s investment portfolio, making the stock its 22nd biggest position. SummerHaven Investment Management LLC’s holdings in Ryder System were worth $1,468,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in R. Hsbc Holdings PLC lifted its holdings in Ryder System by 104.2% in the second quarter. Hsbc Holdings PLC now owns 56,403 shares of the transportation company’s stock worth $14,773,000 after purchasing an additional 28,775 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Ryder System by 9.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 194,632 shares of the transportation company’s stock valued at $39,843,000 after buying an additional 16,070 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Ryder System in the 2nd quarter valued at about $4,587,000. California State Teachers Retirement System increased its stake in Ryder System by 23.6% during the 1st quarter. California State Teachers Retirement System now owns 48,030 shares of the transportation company’s stock valued at $9,832,000 after buying an additional 9,179 shares during the period. Finally, Braun Stacey Associates Inc. acquired a new position in Ryder System during the 1st quarter valued at about $12,189,000. Institutional investors own 87.47% of the company’s stock.

Ryder System Stock Down 0.9%

R opened at $237.97 on Friday. Ryder System, Inc. has a one year low of $157.67 and a one year high of $284.25. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.65. The stock’s fifty day moving average is $243.65 and its 200-day moving average is $247.64. The company has a market capitalization of $9.13 billion, a PE ratio of 19.36 and a beta of 1.05.

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

Ryder System Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Monday, November 23rd will be given a $1.01 dividend. The ex-dividend date is Monday, November 23rd. This represents a $4.04 annualized dividend and a yield of 1.7%. Ryder System’s payout ratio is 32.87%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Stephens upgraded shares of Ryder System to a “strong-buy” rating in a research report on Wednesday, July 8th. Barclays upped their price target on shares of Ryder System from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ryder System in a report on Monday, August 24th. Janney Montgomery Scott set a $285.00 price objective on shares of Ryder System in a report on Thursday, October 8th. Finally, Citizens Jmp began coverage on shares of Ryder System in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $284.12.

Ryder System Company Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain, and dedicated transportation solutions. Its services include commercial vehicle leasing and rental, fleet maintenance, transportation management, warehousing, distribution, and delivery services.

The company serves businesses across industries through operations in the United States, Canada, and Mexico. Ryder also supports e-commerce and retail customers with last-mile delivery, fulfillment, and related logistics services, and sells used commercial vehicles through its network of vehicle sales centers and online channels.

Founded in 1933 by James Ryder, the company is headquartered in Miami, Florida.