T. Rowe Price Investment Management Inc. Sells 185,520 Shares of Raymond James Financial, Inc. $RJF

Posted by Brian Himes on Jun 19th, 2026

T. Rowe Price Investment Management Inc. cut its holdings in Raymond James Financial, Inc. (NYSE:RJF – Free Report) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,457,716 shares of the financial services provider’s stock after selling 185,520 shares during the quarter. T. Rowe Price Investment Management Inc. owned 1.75% of Raymond James Financial worth $555,275,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. TMB Capital Partners LLC bought a new position in Raymond James Financial during the fourth quarter valued at $342,000. Invesco Ltd. grew its position in Raymond James Financial by 12.2% in the fourth quarter. Invesco Ltd. now owns 2,338,521 shares of the financial services provider’s stock worth $375,543,000 after acquiring an additional 254,773 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in Raymond James Financial in the fourth quarter worth about $391,000. Corient Private Wealth LLC increased its stake in Raymond James Financial by 84.9% during the fourth quarter. Corient Private Wealth LLC now owns 58,891 shares of the financial services provider’s stock worth $9,457,000 after acquiring an additional 27,044 shares during the last quarter. Finally, CrossGen Wealth LLC purchased a new stake in Raymond James Financial during the fourth quarter valued at approximately $204,000. Institutional investors own 83.83% of the company’s stock.

Raymond James Financial Price Performance

RJF opened at $156.18 on Friday. Raymond James Financial, Inc. has a 12-month low of $138.82 and a 12-month high of $177.66. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 0.44. The business’s fifty day simple moving average is $152.24 and its 200-day simple moving average is $156.59. The company has a market capitalization of $30.44 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 1.22 and a beta of 0.94.

Raymond James Financial (NYSE:RJF – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.07. Raymond James Financial had a return on equity of 17.93% and a net margin of 13.04%.The firm had revenue of $3.86 billion during the quarter, compared to the consensus estimate of $3.92 billion. During the same period in the previous year, the company posted $2.42 earnings per share. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. On average, equities research analysts anticipate that Raymond James Financial, Inc. will post 11.82 earnings per share for the current fiscal year.

Raymond James Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a $0.54 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $2.16 annualized dividend and a dividend yield of 1.4%. Raymond James Financial’s payout ratio is currently 20.42%.

Wall Street Analyst Weigh In

RJF has been the subject of several analyst reports. Morgan Stanley raised their price objective on Raymond James Financial from $171.00 to $172.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. BMO Capital Markets increased their price target on Raymond James Financial from $152.00 to $165.00 and gave the company a “market perform” rating in a report on Thursday, April 23rd. TD Cowen cut their price target on shares of Raymond James Financial from $159.00 to $155.00 and set a “hold” rating on the stock in a report on Thursday, May 28th. Jefferies Financial Group reduced their price objective on shares of Raymond James Financial from $165.00 to $145.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Raymond James Financial in a research note on Wednesday, May 20th. Four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Raymond James Financial has an average rating of “Hold” and a consensus price target of $172.92.

Check Out Our Latest Research Report on RJF

Raymond James Financial Profile

(Free Report)

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.