Royal Bank of Canada Has $20.66 Million Position in Landstar System, Inc. $LSTR

Posted by George Bondi on Aug 6th, 2026

Royal Bank of Canada lessened its stake in shares of Landstar System, Inc. (NASDAQ:LSTR – Free Report) by 3.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 128,868 shares of the transportation company’s stock after selling 4,175 shares during the period. Royal Bank of Canada owned 0.38% of Landstar System worth $20,657,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. First Citizens Bank & Trust Co. lifted its stake in shares of Landstar System by 1.5% in the first quarter. First Citizens Bank & Trust Co. now owns 4,710 shares of the transportation company’s stock worth $755,000 after buying an additional 68 shares during the last quarter. Petros Family Wealth LLC grew its stake in Landstar System by 4.9% in the 1st quarter. Petros Family Wealth LLC now owns 1,548 shares of the transportation company’s stock valued at $248,000 after buying an additional 73 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in Landstar System by 29.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 342 shares of the transportation company’s stock worth $49,000 after acquiring an additional 78 shares during the period. SkyView Investment Advisors LLC raised its holdings in Landstar System by 1.4% in the 4th quarter. SkyView Investment Advisors LLC now owns 6,388 shares of the transportation company’s stock worth $918,000 after acquiring an additional 89 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its position in Landstar System by 1.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 6,987 shares of the transportation company’s stock worth $1,120,000 after acquiring an additional 91 shares during the last quarter. Institutional investors own 97.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on LSTR shares. Evercore set a $181.00 price target on Landstar System in a research report on Wednesday, April 29th. Morgan Stanley reissued an “underweight” rating and set a $145.00 price objective on shares of Landstar System in a research report on Monday, July 6th. Truist Financial increased their target price on Landstar System from $190.00 to $205.00 and gave the company a “hold” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group raised their target price on Landstar System from $147.00 to $168.00 and gave the company a “sell” rating in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. lifted their price target on Landstar System from $198.00 to $204.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Landstar System presently has a consensus rating of “Hold” and an average target price of $196.00.

View Our Latest Stock Report on Landstar System

Landstar System Stock Down 1.2%

LSTR stock opened at $179.35 on Thursday. Landstar System, Inc. has a twelve month low of $119.32 and a twelve month high of $228.46. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.05. The company has a market cap of $6.09 billion, a PE ratio of 46.46 and a beta of 0.90. The business’s 50-day simple moving average is $206.25 and its 200 day simple moving average is $178.76.

Landstar System (NASDAQ:LSTR – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.05). Landstar System had a net margin of 2.64% and a return on equity of 20.84%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the company earned $1.20 EPS. The company’s revenue was up 18.2% on a year-over-year basis. On average, research analysts anticipate that Landstar System, Inc. will post 5.8 earnings per share for the current year.

Landstar System Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Tuesday, August 18th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 1.0%. This is an increase from Landstar System’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, August 18th. Landstar System’s dividend payout ratio (DPR) is 41.45%.

Landstar System declared that its Board of Directors has approved a share repurchase program on Tuesday, April 28th that allows the company to buyback 1,115,195,000,000 shares. This buyback authorization allows the transportation company to buy up to 3.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Diana M. Murphy sold 11,246 shares of the stock in a transaction on Friday, June 5th. The shares were 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 owned 18,853 shares in the company, valued at approximately $4,171,791.84. This represents a 37.36% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO James P. Todd sold 1,200 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $218.17, for a total transaction of $261,804.00. Following the transaction, the chief financial officer directly owned 15,122 shares of the company’s stock, valued at $3,299,166.74. The trade was a 7.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is owned by insiders.

About Landstar System

(Free Report)

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.