Raymond James Financial (RJF) has been in the news for varied reasons, witnessing the inflows and outflows of major stakes by banking and asset management firms including Aptus Capital Advisors, BNP Paribas Financial Markets, Freestone Grove Partners, AQR Capital Management, and Bokf Na. However, concerns remain as RJF showed an 11.1% dip since the last earnings report, raising questions about its value as an asset. As insiders sold US$20m in RJF stock, potential weaknesses were hinted at. Meanwhile, some believe that RJF is poised for a turnaround after losing -11.99% in 4 weeks. RJF's Q2 2025 earnings call highlighted strong revenue growth, but estimates were missed and the share price fell by 5.1%. Q1 2025 witnessed record revenues and estimates were topped. However, some recently trimmed their stake in RJF including Bank of America, Comerica Bank, and Tower Research Capital. Despite all, RJF continued to be a popular choice among institutional investors with 76% ownership and saw stake purchases by Northern Trust Corp, Lord Abbett & CO., Aquatic Capital Management, and DRW Securities among others. Concerns over growth saw RJF downgraded to 'Neutral' by Bank of America and TD Cowen, amidst an anticipated slower growth.
Raymond James Financial RJF News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Sat, 10 May 2025 08:48:02 GMT -
Rating -1
- Innovation 0
- Information 8
- Rumor -6
