Mutual of America Capital Management 13F: Cuts RYN Stake by $2M

Mutual of America Capital Management reduced its holdings in Rayonier Inc. (NYSE:RYN) by 52.3% during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The fund sold 110,747 shares during the period, leaving it with 101,080 shares worth about $1.86 million.

RYN Rayonier Inc.

$18.65 ▼ -10.38% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America Capital Management's Rayonier Position

The institutional investor held 211,827 shares of the real estate investment trust prior to the filing period. Cutting the position by 52.3% left Mutual of America Capital Management with 101,080 shares. The remaining stake held a total value of $1,855,829 at the end of the reporting period.

Other Institutional Activity in Rayonier

Other major investors also adjusted their stakes in the timberland company. Cohen & Steers Inc. grew its holdings by 245,108 shares, ending with 21,936,120 shares worth about $409,108,629. Legal & General Group PLC added 284,748 shares to finish with 10,036,382 shares valued at roughly $187,178,520. Southeastern Asset Management Inc/TN/ cut its position by 1,271,038 shares, leaving it with 9,491,347 shares worth about $177,013,617. Fuller & Thaler Asset Management Inc. lifted its stake by 11,148 shares to hold 9,301,140 shares valued at approximately $173,466,257.

Rayonier Inc. Stock Up 1.4%

Shares recently traded around $18.65, sitting 5.7% below their 50-day moving average of $19.78 and 11.5% below their 200-day moving average of $21.07. The stock sits 24.9% under its 52-week high of $24.82 and 5.3% above its 52-week low of $17.71. The company has a market capitalization of roughly $5.63 billion and an analyst consensus recommendation of buy with a mean price target of $23.67.

Recent Earnings

Rayonier posted trailing twelve-month revenue of $968.29 million and earnings of $0.46 per share. The timber specialist generated a net profit margin of 7.8% and a return on equity of 2.0%. The company is scheduled to release its next financial results on November 4, 2026.

Dividend

The company pays an annual dividend of $1.04 per share, translating to a dividend yield of 5.56% with a payout ratio of 231.5%.

Insider Buying and Selling at Rayonier Inc.

Chief Financial Officer Wayne Wasechek sold 2,920 shares on April 20, 2026, at an average price of $21.17 for a total of $61,816. General Counsel Mark R Bridwell disposed of 5,318 shares on September 10, 2026, at an average price of $20.19, totaling $107,370. Officer Ryan M. Daniels sold 887 shares on September 30, 2026, at $18.56 per share for $16,463, followed by a sale of 14 shares on October 2, 2026, at $18.22 for $255.

Analysts Set New Price Targets

Truist Securities maintained a hold rating on July 15, 2026, while lowering its price target from $25.00 to $24.00. Citigroup kept a neutral rating on August 10, 2026, raising its target from $22.00 to $23.00, before adjusting its target down to $19.00 on October 5, 2026. Truist Securities reiterated its hold rating on October 12, 2026, trimming its target from $24.00 to $22.00. RBC Capital maintained a sector perform rating on October 16, 2026, while reducing its target from $24.00 to $20.00.

About Rayonier

Rayonier Inc. is a land resources real estate investment trust operating over four million acres of timberland in the U.S. South and U.S. Northwest. The firm focuses on sustainable timber management, sawmills, industrial plywood production, rural land sales, and real estate development projects.

Bottom Line

Investors are keeping a close eye on Rayonier ahead of its upcoming earnings report on November 4, 2026. The stock continues to trade below key moving averages as institutional portfolios adjust their holdings.