Baird Reiterates Buy Rating on Ryder System, Inc.
Baird maintains its buy rating for Ryder System, Inc. with a new price target of $290.
Key Points
- Baird reiterated its buy rating on Ryder System, Inc. (NYSE:R) with a price target of $290 on June 17, 2026.
- Ryder shares are trading at $277.23, with a market cap of $10.63 billion and a P/E ratio of 22.83.
- Insiders and institutions have been active, with insiders selling shares and BlackRock adding to its stake.
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On June 17, 2026, Baird reiterated its buy rating on Ryder System, Inc. (NYSE:R), setting a new price target of $290. The analyst Dan Moore confirmed the firm's positive outlook on the company's stock, which recently traded at $277.23.
Other Institutional Activity in Ryder System, Inc.
Institutional investors have been active in Ryder System, Inc. BlackRock, Inc. increased its holdings by 74,827 shares, now holding a total of 4,039,513 shares valued at approximately $826.93 million. Vanguard Portfolio Management LLC acquired 2,745,717 shares, bringing its total to the same amount, worth about $562.08 million. Meanwhile, Wellington Management Group LLP reduced its position by 495,729 shares, ending with 1,738,825 shares valued at $355.95 million.
Ryder System, Inc. Stock Down 1.0%
Shares of Ryder System, Inc. (NYSE:R) traded near $277.23. The company has a market cap of $10.63 billion and a P/E ratio of 22.83, with a forward P/E of 15.65. Its beta is 1.018, indicating moderate volatility. The stock has a 52-week low of $149.45 and a high of $284.25, with a 50-day moving average of $243.08 and a 200-day moving average of $203.59.
Recent Earnings
Ryder System, Inc. reported revenue of $12.66 billion with a slight revenue decline of 0.2%. Its net margin stands at 3.9%, and the return on equity is 16.93%. The company is set to announce its next earnings on July 23, 2026.
Dividend
Ryder System, Inc. offers a dividend rate of $3.64 per share, yielding 1.33%. The dividend payout ratio is 29.4%, reflecting a commitment to returning value to shareholders.
Insider Buying and Selling at Ryder System, Inc.
Recent insider activity at Ryder System, Inc. includes several sales. On May 29, 2026, Robert Fatovic, EVP, CLO & Corp. Secretary, sold 5,000 shares at an average price of $249.85. Sanford Hodes, SVP, C Procur Of, Corp Dev Of, sold 595 shares on May 28, 2026, at $251.95. Luis Nieto Jr. sold 720 shares on May 4, 2026, at $235.79. Conversely, insiders David Nord and Charles Swoboda each bought shares on May 1, 2026.
Analysts Set New Price Targets
On June 17, 2026, Baird maintained its buy rating for Ryder System, Inc. with a price target of $290. Wells Fargo also maintained a buy rating with the same target on June 5, 2026. Citigroup and Barclays have buy ratings with targets of $276 and $250, respectively.
About Ryder System, Inc.
Ryder System, Inc. is a logistics and transportation company based in Coral Gables, Florida. It operates globally through its Fleet Management Solutions, Supply Chain Solutions, and Dedicated Transportation Solutions segments. The company offers services such as full-service leasing, commercial vehicle rentals, and supply chain management. Ryder employs approximately 51,600 people and is led by CEO John J. Diez.
Bottom Line
Baird's reiterated buy rating and $290 price target for Ryder System, Inc. reflect continued confidence in the company's prospects. With a solid market presence and active institutional interest, Ryder remains a stock to watch. As a reminder, 13F filings and analyst reports offer a backward-looking view, and current positions may differ.
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