Raymond James Financial (NYSE:RJF) Coverage Initiated by Analysts at Barclays

Barclays initiated coverage on shares of Raymond James Financial (NYSE:RJF) in a research report report published on Wednesday morning, MarketBeat.com reports. The firm issued an overweight rating and a $191.00 price objective on the financial services provider’s stock.

Several other brokerages have also recently issued reports on RJF. UBS Group set a $176.00 target price on Raymond James Financial and gave the company a “neutral” rating in a report on Thursday, December 11th. BMO Capital Markets upped their price objective on shares of Raymond James Financial from $180.00 to $182.00 and gave the company a “market perform” rating in a report on Thursday, October 23rd. Keefe, Bruyette & Woods raised their price objective on shares of Raymond James Financial from $174.00 to $181.00 and gave the stock a “market perform” rating in a research report on Thursday, October 23rd. Morgan Stanley reiterated a “positive” rating on shares of Raymond James Financial in a report on Monday, December 22nd. Finally, Citigroup reissued an “outperform” rating on shares of Raymond James Financial in a research note on Thursday, October 9th. Four research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Raymond James Financial has a consensus rating of “Hold” and an average price target of $182.17.

Raymond James Financial Stock Down 0.3%

Shares of NYSE RJF opened at $168.58 on Wednesday. The stock has a market cap of $33.29 billion, a PE ratio of 16.38, a P/E/G ratio of 1.32 and a beta of 0.99. The company has a current ratio of 1.07, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. Raymond James Financial has a 12-month low of $117.57 and a 12-month high of $177.66. The company has a 50-day moving average of $163.96 and a 200 day moving average of $164.61.

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

Raymond James Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were issued a $0.54 dividend. The ex-dividend date was Friday, January 2nd. This represents a $2.16 annualized dividend and a dividend yield of 1.3%. This is an increase from Raymond James Financial’s previous quarterly dividend of $0.50. Raymond James Financial’s dividend payout ratio (DPR) is currently 20.99%.

Insider Buying and Selling at Raymond James Financial

In related news, insider Paul C. Reilly sold 130,687 shares of Raymond James Financial stock in a transaction that occurred 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 completion of the sale, the insider owned 260,546 shares in the company, valued at approximately $42,508,079.90. This trade represents a 33.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.58% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of RJF. West Branch Capital LLC acquired a new position in Raymond James Financial during the 3rd quarter worth about $26,000. Salomon & Ludwin LLC purchased a new stake in Raymond James Financial during the third quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Raymond James Financial during the fourth quarter worth about $32,000. Quent Capital LLC purchased a new position in shares of Raymond James Financial in the third quarter valued at approximately $33,000. Finally, Anfield Capital Management LLC acquired a new position in shares of Raymond James Financial in the third quarter valued at approximately $33,000. 83.83% of the stock is currently owned by hedge funds and other institutional investors.

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.