Raymond James Financial (RJF)

• Market cap: $31.1B
• 1 day: -2.28%
• 5 days: -5.52%
• 1 month: -10.70%
• 3 months: -7.47%
• 6 months: 30.87%
• Year to date: -2.23%
• 1 year: 29.71%
• 5 years: 132.89%
• 10 years: 302.28%
• Sector: Financials
• Industry: Security Brokers, Dealers & Flotation Companies

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 $1.5 trillion of assets under administration as of September 2024. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.

Employees: 8,787

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

214% more call options, than puts

Call options by funds: $176M | Put options by funds: $56.1M

156% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 50

60% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 16 (+6) [Q4]

23% more capital invested

Capital invested by funds: $19.4B [Q3] → $23.8B (+$4.38B) [Q4]

6% more funds holding

Funds holding: 752 [Q3] → 796 (+44) [Q4]

8% less repeat investments, than reductions

Existing positions increased: 264 | Existing positions reduced: 286

1.4% less ownership

Funds ownership: 76.35% [Q3] → 74.95% (-1.4%) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $170 12% upside
• Avg. target: $182 20% upside
• High target: $201 33% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

B of A Securities Mark McLaughlin 67% 1-year accuracy 2 / 3 met price target	33% upside $201	Buy Maintained	30 Jan 2025
JP Morgan Michael Cho 75% 1-year accuracy 3 / 4 met price target	14% upside $172	Neutral Maintained	30 Jan 2025
Keefe, Bruyette & Woods Kyle Voigt 71% 1-year accuracy 22 / 31 met price target	17% upside $177	Market Perform Maintained	30 Jan 2025
JMP Securities Devin Ryan 87% 1-year accuracy 59 / 68 met price target	25% upside $190	Market Outperform Maintained	30 Jan 2025
Wells Fargo Michael Brown 52% 1-year accuracy 31 / 60 met price target	16% upside $176	Equal-Weight Maintained	30 Jan 2025