Marathon Asset Management 13F: Adds $2.7M to Rayonier (RYN) Stake

On October 26, 2026, Marathon Asset Management increased its stake in Rayonier Inc. (RYN) by 145,838 shares, bringing its total to 629,100 shares. This change was disclosed in the fund's latest Form 13F filing with the SEC.

Marathon's investment in Rayonier is now valued at about $11.6 million, which represents 0.92% of its total reported value of $1.26 billion. The increase of approximately 30.2% in shares reflects a notable expansion of its position in the company.

RYN Rayonier Inc.

$18.96 ▼ -8.89% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Rayonier Fits in Marathon Asset Management's Portfolio

Rayonier ranks 39th among the 76 holdings in Marathon's portfolio. The recent boost increases its stake's value significantly, contributing positively to the overall portfolio.

Other Institutional Activity in Rayonier

Mutual of America Capital Management reduced its holdings by 110,747 shares, ending with 101,080 shares valued at about $1.86 million. Cohen & Steers Inc. increased its stake by 245,108 shares, totaling 21,936,120 shares worth approximately $415.9 million. Legal & General Group PLC also added 284,748 shares, bringing its total to 10,036,382 shares valued at about $190.3 million.

Rayonier Inc. Stock Up 1.3%

Rayonier shares are currently trading around $18.96, which is above the closing price of $18.65 on October 23, 2026. This positioning suggests the stock is performing well, especially following the recent increase in shares held by Marathon Asset Management.

Recent Earnings

Rayonier reported trailing twelve-month revenue of approximately $968.3 million and an earnings per share (EPS) of $0.46. The company has shown a remarkable revenue growth of 272.1% year-over-year. Its next earnings report is scheduled for November 4, 2026.

Dividend

Rayonier pays an annual dividend of $1.04 per share. This dividend yield reflects the company's commitment to returning value to shareholders, although its payout ratio of 231.5% indicates it is paying out more than it earns.

Insider Buying and Selling at Rayonier Inc.

Recently, several insiders sold shares. Wayne Wasechek, the Chief Financial Officer, sold 2,920 shares at an average price of $21.17 on April 20, 2026. Mark R. Bridwell, General Counsel, sold 5,318 shares for $107,370 on September 10, 2026. Ryan M. Daniels also sold 887 shares on September 30 for $16,463 and 14 shares on October 2 for $255.

Analysts Set New Price Targets

On October 5, 2026, Citigroup maintained a Neutral rating on Rayonier with a price target of $19. This follows other recent ratings, including Truist Securities' Hold rating with a target of $22 on October 12, 2026. The consensus among analysts suggests a cautious outlook on the stock's performance.

About Rayonier

Rayonier Inc. is a real estate investment trust (REIT) focused on land resources, managing over four million acres in the U.S. South and Northwest. The company emphasizes sustainable management of its timberlands while maximizing the value of its land through various operations, including sawmills and real estate developments.

Bottom Line

Investors should keep an eye on Rayonier's upcoming earnings report on November 4, 2026, as it may provide further insights into the company's financial health. Additionally, the recent increase in Marathon Asset Management's stake could signal confidence in Rayonier's growth prospects.