First Trust Advisors Reduces Stake in Ryder System

Institutional investor cuts position in transportation company by 26%

Published on Mar. 9, 2026

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First Trust Advisors LP, an institutional investor, reduced its stake in Ryder System, Inc. (NYSE:R) by 26.0% during the third quarter. The firm now owns 587,509 shares of the transportation company's stock, valued at $110,828,000, after selling 206,018 shares.

Why it matters

Ryder System is a major player in the transportation and logistics industry, and changes in institutional ownership can signal shifts in market sentiment and investment trends around the company.

The details

According to a disclosure with the Securities & Exchange Commission, First Trust Advisors LP sold 206,018 shares of Ryder System stock during the third quarter. The firm now owns a 1.46% stake in the company, down from its previous 1.97% ownership.

  • The share sale occurred during the third quarter of the company's fiscal year.

The players

First Trust Advisors LP

An institutional investment firm that manages a variety of equity and fixed-income funds.

Ryder System, Inc.

A leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries.

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The takeaway

The reduction in First Trust Advisors' stake in Ryder System could indicate a shift in market sentiment around the transportation company, though further analysis would be needed to determine the broader implications for the stock and the industry.