SEB Asset Management AB Takes Position in Raymond James Financial, Inc. $RJF

SEB Asset Management AB purchased a new position in Raymond James Financial, Inc. (NYSE:RJF) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 38,083 shares of the financial services provider’s stock, valued at approximately $5,514,000.

A number of other institutional investors have also made changes to their positions in the stock. Empowered Funds LLC boosted its holdings 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 last quarter. Woodline Partners LP increased its stake in shares of Raymond James Financial by 41.8% in the 1st quarter. Woodline Partners LP now owns 15,580 shares of the financial services provider’s stock valued at $2,164,000 after acquiring an additional 4,592 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Raymond James Financial by 137.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,184 shares of the financial services provider’s stock valued at $182,000 after acquiring an additional 685 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Raymond James Financial by 15.1% in the 2nd quarter. Brown Advisory Inc. now owns 2,268 shares of the financial services provider’s stock valued at $348,000 after acquiring an additional 298 shares during the period. Finally, Cresset Asset Management LLC bought a new position in Raymond James Financial during the 2nd quarter worth approximately $363,000. 83.83% of the stock is owned by institutional investors and hedge funds.

More Raymond James Financial News

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Barclays boosted their price objective on shares of Raymond James Financial from $182.00 to $192.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. BMO Capital Markets increased their target price on shares of Raymond James Financial from $152.00 to $165.00 and gave the stock a “market perform” rating in a report on Thursday, April 23rd. UBS Group reissued a “neutral” rating and set a $175.00 price target (up from $166.00) on shares of Raymond James Financial in a research report on Wednesday, July 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Raymond James Financial in a report on Wednesday, May 20th. Finally, Citigroup restated an “outperform” rating on shares of Raymond James Financial in a research report on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $176.64.

Raymond James Financial Price Performance

NYSE RJF opened at $168.35 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.05 and a current ratio of 1.07. The stock has a market cap of $32.81 billion, a price-to-earnings ratio of 15.91, a PEG ratio of 1.07 and a beta of 0.93. The business has a 50 day simple moving average of $156.48 and a 200 day simple moving average of $156.51. Raymond James Financial, Inc. has a 52-week low of $138.82 and a 52-week high of $177.66.

Raymond James Financial (NYSE:RJF) last announced its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $3.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.23. Raymond James Financial had a net margin of 13.04% and a return on equity of 17.93%. The firm had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same quarter in the previous year, the firm posted $2.18 earnings per share. The business’s revenue was up 15.6% on a year-over-year basis. Analysts anticipate 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 disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, July 1st. Raymond James Financial’s payout ratio is currently 20.42%.

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.