Cohen & Steers, Inc. filed Amendment No. 4 to its Schedule 13G with the SEC on November 13, 2026, disclosing beneficial ownership of 12,590,454 shares of Rayonier Inc. common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Cohen & Steers, Inc. reported beneficial ownership of 12,590,454 shares of Rayonier Inc. common stock, representing 4.23% of the class.
  • Sole voting power: Cohen & Steers, Inc. holds sole voting power over 11,897,615 shares, with 0 shares subject to shared voting power.
  • Sole dispositive power: Cohen & Steers, Inc. holds sole dispositive power over all 12,590,454 shares, with no shared dispositive power reported.
  • Subsidiary ownership: Cohen & Steers Capital Management, Inc. reported beneficial ownership of 12,493,011 shares (4.20% of the class), while Cohen & Steers UK Limited reported 97,443 shares (0.03%).
  • Event date: The filing event triggering this amendment is dated September 30, 2026.
  • Five percent threshold: The filing noted ownership of 5 percent or less of the class under Item 5.

Cohen & Steers Entities' Positions in Rayonier Common Stock

According to the filing, Cohen & Steers, Inc., a Delaware corporation headquartered at 1166 Avenue of the Americas, 30th Floor, New York, NY 10036, filed Amendment No. 4 to Schedule 13G reporting its beneficial ownership in Rayonier Inc. (CUSIP 754907103), whose principal executive offices are located at 1 Rayonier Way, Wildlight, FL 32097. The filing identifies Cohen & Steers, Inc. as a parent holding company (type HC, CO) with a 100% interest in each of its subsidiaries named in the filing.

The filing discloses that Cohen & Steers Capital Management, Inc., a New York corporation and investment adviser, holds sole voting power over 11,890,562 shares and sole dispositive power over 12,493,011 shares, representing 4.20% of the class. Cohen & Steers UK Limited, organized in the United Kingdom, reported sole voting power over 7,053 shares and sole dispositive power over 97,443 shares, representing 0.03% of the class. Cohen & Steers Asia Limited and Cohen & Steers Ireland Limited each reported 0 shares beneficially owned and 0.00% of the class.

The filing states that Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd., and Cohen & Steers Ireland Ltd. each hold the issuer's securities "for the benefit of their respective account holders," who retain the right to receive dividends or proceeds from the sale of those securities. The certification, signed by Nargis Hilal, SVP, Global Chief Compliance Officer and Associate General Counsel, affirms that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

Cohen & Steers, Inc. and four subsidiaries filed an amended Schedule 13G disclosing aggregate beneficial ownership of 12,590,454 Rayonier Inc. common shares, equal to 4.23% of the class, as of the September 30, 2026 event date.