JSF Financial LLC Makes New $1.24 Million Investment in Raymond James Financial, Inc. $RJF

JSF Financial LLC purchased a new position in shares of Raymond James Financial, Inc. (NYSE:RJF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,179 shares of the financial services provider’s stock, valued at approximately $1,239,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in RJF. Empowered Funds LLC lifted its position in Raymond James Financial by 8.2% during the first quarter. Empowered Funds LLC now owns 4,142 shares of the financial services provider’s stock worth $573,000 after buying an additional 314 shares during the period. Woodline Partners LP lifted its holdings in shares of Raymond James Financial by 41.8% during the 1st quarter. Woodline Partners LP now owns 15,580 shares of the financial services provider’s stock worth $2,164,000 after acquiring an additional 4,592 shares during the period. Perigon Wealth Management LLC acquired a new stake in shares of Raymond James Financial in the second quarter worth approximately $222,000. GC Wealth Management RIA LLC purchased a new stake in Raymond James Financial in the second quarter valued at approximately $281,000. Finally, Capital Investment Advisors LLC increased its position in Raymond James Financial by 0.9% during the second quarter. Capital Investment Advisors LLC now owns 7,629 shares of the financial services provider’s stock worth $1,170,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 83.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Morgan Stanley reiterated a “positive” rating on shares of Raymond James Financial in a report on Monday, December 22nd. BMO Capital Markets lifted their target price on Raymond James Financial from $180.00 to $182.00 and gave the company a “market perform” rating in a report on Thursday, October 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Raymond James Financial in a research report on Thursday, January 22nd. Barclays assumed coverage on Raymond James Financial in a report on Wednesday. They issued an “overweight” rating and a $191.00 price objective on the stock. Finally, JMP Securities boosted their target price on Raymond James Financial from $185.00 to $190.00 and gave the stock a “market outperform” rating in a report on Thursday, October 23rd. Four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Raymond James Financial has a consensus rating of “Hold” and an average price target of $182.17.

Insider Transactions at Raymond James Financial

In other Raymond James Financial news, insider Paul C. Reilly sold 130,687 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $163.15, for a total value of $21,321,584.05. Following the transaction, the insider owned 260,546 shares in the company, valued at $42,508,079.90. The trade was a 33.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.58% of the stock is owned by company insiders.

Raymond James Financial Price Performance

RJF stock opened at $168.58 on Thursday. The firm has a market cap of $33.29 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 1.32 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.07. Raymond James Financial, Inc. has a 1 year low of $117.57 and a 1 year high of $177.66. The stock has a 50-day simple moving average of $163.96 and a 200-day simple moving average of $164.61.

Raymond James Financial (NYSE:RJF) last released its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.83 by $0.03. Raymond James Financial had a return on equity of 18.19% and a net margin of 13.42%.The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.83 billion. During the same period in the previous year, the company posted $2.93 EPS. Raymond James Financial’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, equities analysts predict that Raymond James Financial, Inc. will post 11.17 earnings per share for the current fiscal year.

Raymond James Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, January 2nd. This is a positive change from Raymond James Financial’s previous quarterly dividend of $0.50. Raymond James Financial’s dividend payout ratio (DPR) is 20.99%.

Trending Headlines about Raymond James Financial

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

• Positive Sentiment: Record client assets and revenue strength — RJF reported record client assets under administration of $1.77 trillion and record quarterly net revenues of $3.74B, driven by asset management inflows and bank loan growth, supporting long?term fee revenue expansion. GlobeNewswire Release
• Positive Sentiment: Shareholder returns increased — Board raised the quarterly dividend 8% to $0.54 and authorized a $2B repurchase program; the company repurchased $400M in the quarter, supporting EPS and signaling capital-deployment confidence. GlobeNewswire Release
• Positive Sentiment: Analyst coverage uplift — Barclays initiated coverage with an “overweight” rating and a $191 price target, which may provide buying interest and a near-term valuation catalyst.
• Positive Sentiment: Productivity/efficiency investment — RJF launched a proprietary AI operations agent (“Rai”) aimed at improving operational efficiency and advisor support, a potentially positive long?term margin and service improvement. AI Agent Release
• Neutral Sentiment: Earnings vs. estimates were mixed — EPS came in at $2.86 (beat some estimates by $0.01) while other reports note adjusted EPS $2.86 vs. higher consensus; revenue was roughly flat to slightly below certain analyst forecasts, making the headline takeaway mixed. Zacks Report
• Neutral Sentiment: Segment strength is uneven — Asset management and the bank showed sequential and year-over-year gains, while Private Client fee-based growth is strong but interest?sensitive revenues are influenced by rates—mixed implications for near-term margins. GlobeNewswire Release
• Negative Sentiment: Capital markets weakness — Investment banking revenues declined significantly (reported down ~37% YoY), and capital markets segment revenue weakened sequentially, pressuring overall profitability and contributing to the cautious market reaction. GlobeNewswire Release
• Negative Sentiment: Net income and EPS down YoY / some misses — Net income available to common shareholders was down ~6–7% YoY and one provider noted reported EPS of $2.79 missed some consensus estimates, raising near?term growth concerns. Quiver Quant
• Negative Sentiment: Insider selling noted — Filings show insider sales (executive chair sold ~130k shares over the last 6 months), which can be perceived negatively by some investors. Quiver Quant Insider Note

Raymond James Financial Company Profile

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.