Raymond James Financial (RJF) has recently seen a flurry of activity in its stock, fueled by various investment firms adjusting their positions. Entities like Ameriprise Financial Inc., Jump Financial LLC and AlphaQuest LLC have increased their stakes, while others such as Rafferty Asset Management LLC, Ceredex Value Advisors LLC and Gulf International Bank UK Ltd have scaled down their positions. The mixed sentiment is further evidenced by an array of analyst reports offering contrasting outlooks on RJF.
As for the firm's internal developments, RJF reported a 10% YoY growth in client's assets under administration and recently welcomed a 50-year industry veteran to its team. The company also declared a steady dividend, underscoring the resilience of their capital allocation strategy. However, RJF's Q3 earnings missed the mark, leading to both an EPS disappointment and a slight dip in their stock since the last earnings report.
In response to the negative stock trend, the firm has been praised for its ability to navigate market volatility and maintain technical neutrality. Meanwhile, the recruitment of new advisors and strategic expansion of wealth management offerings signal RJF's commitment to long-term growth.
Raymond James Financial RJF News Analytics from Wed, 05 Mar 2025 08:00:00 GMT to Sat, 30 Aug 2025 09:32:38 GMT -
Rating -3
- Innovation 5
- Information 6
- Rumor -1
