Earnest Partners 13F: Cuts Ryder System (R) Stake by $11M

Earnest Partners Adjusts Position in Ryder System

Earnest Partners trimmed its investment in Ryder System, Inc. (NYSE:R) during the period ended May 15, 2026, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The firm remains a notable holder of the transportation and logistics provider despite the trim.

Inside the Portfolio Adjustment

The institutional investor lowered its stake by selling 41,660 shares during the period. That move translated to a 2.6% decrease from the previous quarter. Earnest Partners started the period holding 1,561,099 shares and wrapped up with 1,519,439 shares. The remaining block carried a reported value of roughly $397.09 million at the time of disclosure. This backward-looking filing reflects holdings as of the reporting period and may not represent the investor's current position.

Ryder System Shares and Market Standing

Shares of Ryder System trade near the middle of their 52-week range, which spans from a low of $157.67 to a high of $284.25. The company carries a price-to-earnings ratio of 19.26 alongside a forward price-to-earnings ratio of 13.38. With a market capitalization sitting above $9.09 billion, the company operates across fleet management, supply chain solutions, and dedicated transportation networks.

Recent Earnings and Financial Health

For the period, Ryder posted revenue of $12.82 billion alongside a revenue growth rate of 5.0%. The company reported earnings of $12.31 per share. Investors tracking the transport provider's calendar can look ahead to the next earnings report scheduled for October 22, 2026.

Dividend Profile

Ryder pays an annual dividend rate of $4.04 per share, translating to a dividend yield of 1.69%. The payout ratio sits at 29.59%, leaving room for capital allocation across its leasing and logistics operations.

Wall Street Analyst Updates

Several research firms have updated their views on the stock through recent months. On October 8, 2026, Citigroup upgraded the stock to a buy rating with a target of $285.00, raising it from a prior target of $283.00. On October 5, 2026, JP Morgan upgraded the stock to an overweight rating with a target of $298.00. Earlier on October 2, 2026, Susquehanna maintained its positive rating on the stock with a target of $280.00. On September 29, 2026, Baird downgraded the stock to a neutral rating with a target of $245.00. Across the broader community, the stock carries an average target of $299.56 from nine analyst opinions.

Understanding Ryder's Logistics Footprint

Founded in 1933 and headquartered in Coral Gables, Florida, Ryder System operates as a supply chain and fleet management provider worldwide. The company manages commercial vehicle rentals, dedicated transport services, and warehouse fulfillment networks. Institutional portfolio moves like the recent sale by Earnest Partners form part of normal asset allocation strategies for large asset managers.

What to Watch at Ryder System, Inc.

Future 13F filings will show whether Earnest Partners continues to pare its position or holds steady in upcoming quarters. Investors will also monitor upcoming earnings results on October 22, 2026, to gauge demand across the firm's fleet management and supply chain segments.