Raymond James Financial
About: Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.
Employees: 8,761
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
311% more call options, than puts
Call options by funds: $71.5M | Put options by funds: $17.4M
38% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 56
12% more repeat investments, than reductions
Existing positions increased: 275 | Existing positions reduced: 245
3% more funds holding
Funds holding: 712 [Q1] → 733 (+21) [Q2]
0.74% less ownership
Funds ownership: 74.98% [Q1] → 74.24% (-0.74%) [Q2]
6% less capital invested
Capital invested by funds: $20.1B [Q1] → $18.9B (-$1.11B) [Q2]
13% less funds holding in top 10
Funds holding in top 10: 16 [Q1] → 14 (-2) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Michael Brown 79% 1-year accuracy 19 / 24 met price target | 1%upside $140 | Overweight Maintained | 9 Oct 2024 |
JMP Securities Devin Ryan 81% 1-year accuracy 50 / 62 met price target | 6%upside $146 | Market Outperform Upgraded | 9 Oct 2024 |
Jefferies Gerald O'Hara 0% 1-year accuracy 0 / 2 met price target | 9%downside $126 | Hold Maintained | 4 Oct 2024 |
Goldman Sachs Alexander Blostein 81% 1-year accuracy 29 / 36 met price target | 10%downside $125 | Neutral Maintained | 26 Sept 2024 |
Wells Fargo Michael Brown 79% 1-year accuracy 19 / 24 met price target | 0%downside $138 | Overweight Initiated | 12 Sept 2024 |
Financial journalist opinion
Based on 4 articles about RJF published over the past 30 days