RBF Capital LLC Has $882,000 Holdings in Landstar System, Inc. $LSTR

RBF Capital LLC decreased its position in shares of Landstar System, Inc. (NASDAQ:LSTR) by 45.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,500 shares of the transportation company’s stock after selling 4,500 shares during the quarter. RBF Capital LLC’s holdings in Landstar System were worth $882,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Los Angeles Capital Management LLC bought a new position in Landstar System in the 4th quarter valued at about $25,000. Quarry LP bought a new stake in shares of Landstar System during the 3rd quarter worth approximately $25,000. Global Retirement Partners LLC boosted its position in shares of Landstar System by 320.0% during the 4th quarter. Global Retirement Partners LLC now owns 189 shares of the transportation company’s stock worth $27,000 after acquiring an additional 144 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Landstar System by 132.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the transportation company’s stock worth $37,000 after acquiring an additional 142 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its stake in Landstar System by 1,490.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 318 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 298 shares during the last quarter. 97.95% of the stock is currently owned by institutional investors and hedge funds.

Key Landstar System News

Here are the key news stories impacting Landstar System this week:

• Positive Sentiment: Landstar reported second-quarter revenue of $1.432 billion, up 18.2% year over year and above the $1.34 billion consensus estimate. Stronger truck rates, load growth and higher business capacity-owner utilization supported the results. Landstar System Reports Second Quarter Revenue and EPS
• Positive Sentiment: Management’s second-quarter call highlighted pricing power, suggesting Landstar has been able to maintain or improve freight rates despite industry conditions. Earnings of $1.44 per share also exceeded the $1.42 Zacks estimate and rose from $1.20 a year earlier. Landstar Q2 Call Shows Pricing Power
• Positive Sentiment: Landstar raised its quarterly dividend 10% to $0.44 per share, payable September 9 to shareholders of record August 18. The increase signals confidence in cash generation and shareholder returns. Landstar Posts Strong Q2 Results and Raises Dividend
• Neutral Sentiment: JPMorgan raised its price target from $198 to $204 but retained a neutral rating, while Robert W. Baird maintained an outperform rating despite lowering its target from $225 to $215. The revisions imply analysts see upside but remain cautious about valuation and execution.
• Negative Sentiment: Reported EPS of $1.44 was below the broader analyst consensus of $1.49, even though it beat the lower Zacks estimate. The earnings shortfall likely outweighed the revenue beat for some investors, particularly with the stock trading at a relatively elevated P/E ratio. Landstar Q2 Earnings and Revenue Results

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Weiss Ratings upgraded shares of Landstar System from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. Stifel Nicolaus raised their target price on Landstar System from $186.00 to $197.00 and gave the company a “hold” rating in a report on Wednesday. The Goldman Sachs Group lifted their price target on Landstar System from $147.00 to $168.00 and gave the company a “sell” rating in a research note on Thursday, July 16th. Barclays boosted their price target on Landstar System from $155.00 to $190.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. upped their price objective on Landstar System from $198.00 to $204.00 and gave the stock a “neutral” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Landstar System has an average rating of “Hold” and an average target price of $194.62.

Insiders Place Their Bets

In other Landstar System news, CFO James P. Todd sold 1,200 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $218.17, for a total value of $261,804.00. Following the completion of the transaction, the chief financial officer owned 15,122 shares of the company’s stock, valued at $3,299,166.74. This represents a 7.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Diana M. Murphy sold 11,246 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $221.28, for a total value of $2,488,514.88. Following the completion of the transaction, the director directly owned 18,853 shares of the company’s stock, valued at approximately $4,171,791.84. The trade was a 37.36% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is currently owned by corporate insiders.

Landstar System Price Performance

LSTR stock opened at $177.83 on Thursday. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 46.07 and a beta of 0.89. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.88 and a quick ratio of 1.88. The company has a 50 day simple moving average of $208.26 and a 200 day simple moving average of $178.01. Landstar System, Inc. has a 1 year low of $119.32 and a 1 year high of $228.46.

Landstar System (NASDAQ:LSTR) last issued its earnings results on Tuesday, July 28th. The transportation company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.05). Landstar System had a net margin of 2.64% and a return on equity of 20.90%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business earned $1.20 EPS. The business’s quarterly revenue was up 18.2% on a year-over-year basis. Research analysts anticipate that Landstar System, Inc. will post 5.73 EPS for the current fiscal year.

Landstar System Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 18th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, August 18th. This is a positive change from Landstar System’s previous quarterly dividend of $0.40. Landstar System’s dividend payout ratio is currently 44.20%.

Landstar System declared that its board has initiated a stock buyback plan on Tuesday, April 28th that permits the company to repurchase 1,115,195,000,000 shares. This repurchase authorization permits the transportation company to buy up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Landstar System Profile

Landstar System, Inc provides integrated transportation management solutions through a network of independent agents and third-party capacity providers. The company specializes in truckload brokerage, intermodal, air and ocean freight, expedited and heavy-haul services, along with value-added offerings such as cargo insurance, customs brokerage and supply chain management. Landstar’s proprietary technology platform enables real-time load matching, shipment tracking and data analytics to optimize fleet utilization and improve customer service.

Founded in 1968 and headquartered in Jacksonville, Florida, Landstar pioneered an asset-light brokerage model that has evolved into a global logistics operation.