Raymond James Financial, Inc. $RJF Stock Holdings Decreased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its stake in Raymond James Financial, Inc. (NYSE:RJF) by 33.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 63,657 shares of the financial services provider’s stock after selling 31,946 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Raymond James Financial were worth $9,128,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Raymond James Financial during the first quarter valued at $8,429,000. Bank of New York Mellon Corp increased its position in Raymond James Financial by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 1,240,769 shares of the financial services provider’s stock worth $179,651,000 after buying an additional 39,030 shares during the period. Checchi Capital Advisers LLC increased its position in Raymond James Financial by 18.2% in the first quarter. Checchi Capital Advisers LLC now owns 2,760 shares of the financial services provider’s stock worth $400,000 after buying an additional 424 shares during the period. Chicago Partners Investment Group LLC increased its holdings in shares of Raymond James Financial by 100.3% in the 1st quarter. Chicago Partners Investment Group LLC now owns 3,073 shares of the financial services provider’s stock worth $475,000 after acquiring an additional 1,539 shares during the period. Finally, Arbejdsmarkedets Tillaegspension increased its holdings in shares of Raymond James Financial by 23.6% in the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 174,290 shares of the financial services provider’s stock worth $25,235,000 after acquiring an additional 33,267 shares during the period. 83.83% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on RJF. Citizens Jmp boosted their price objective on Raymond James Financial from $190.00 to $200.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 9th. Jefferies Financial Group reduced their price objective on shares of Raymond James Financial from $165.00 to $145.00 and set a “hold” rating for the company in a report on Monday, April 6th. Citigroup reiterated an “outperform” rating on shares of Raymond James Financial in a research report on Thursday, July 9th. TD Cowen cut their price objective on Raymond James Financial from $159.00 to $155.00 and set a “hold” rating for the company in a report on Thursday, May 28th. Finally, Morgan Stanley boosted their price target on shares of Raymond James Financial from $172.00 to $174.00 and gave the stock an “equal weight” rating in a research report on Friday, July 10th. Four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $176.64.

Raymond James Financial Price Performance

NYSE RJF opened at $168.35 on Thursday. The stock has a market capitalization of $32.81 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 1.07 and a beta of 0.93. The company has a 50 day moving average price of $156.48 and a two-hundred day moving average price of $156.51. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 0.44. Raymond James Financial, Inc. has a 12-month low of $138.82 and a 12-month high of $177.66.

Raymond James Financial (NYSE:RJF) last issued its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $0.23. The firm had revenue of $3.93 billion during the quarter, compared to analysts’ expectations of $3.87 billion. Raymond James Financial had a net margin of 13.04% and a return on equity of 17.93%. Raymond James Financial’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.18 earnings per share. As a group, equities analysts predict that Raymond James Financial, Inc. will post 11.84 earnings per share for the current fiscal year.

Raymond James Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, July 1st. Raymond James Financial’s dividend payout ratio (DPR) is 20.42%.

Trending Headlines about Raymond James Financial

Here are the key news stories impacting Raymond James Financial this week:

• Positive Sentiment: Raymond James reported record quarterly net revenues of $3.93 billion, up 16% from a year ago, showing solid top-line growth across its businesses.
• Positive Sentiment: Adjusted earnings came in at $3.14 per share, above the $2.91 consensus estimate, while reported EPS of $3.01 also reflected strong year-over-year profit growth.
• Positive Sentiment: The company posted record client assets under administration of $1.92 trillion and strong net new assets of $21.7 billion in its Private Client Group, signaling healthy client inflows.
• Positive Sentiment: Capital markets revenue rose 25% year over year, helped by stronger M&A/advisory and underwriting activity, which added another growth driver.
• Positive Sentiment: Asset management and bank segment results were also strong, with record segment revenues and higher pre-tax income, while the company continued share repurchases and maintained ample capital.
• Neutral Sentiment: Management said the firm enters the next quarter with momentum, supported by recruiting, investment banking pipelines, and strong liquidity. Raymond James Financial Reports Fiscal Third Quarter of 2026 Results

About Raymond James Financial

Raymond James Financial is a diversified financial services firm headquartered in St. Petersburg, Florida. Founded in 1962, the company provides a range of services to individual investors, businesses and institutions through a combination of wealth management, capital markets, investment banking, asset management, banking and trust services. Its business model centers on a network of financial advisors and broker-dealer operations that deliver personalized financial planning, investment advisory services and brokerage solutions.

The firm’s core offerings include private client wealth management delivered by independent and employee advisors, equity and fixed-income research, institutional sales and trading, and investment banking services such as mergers and acquisitions advisory and capital raising.