Swedbank AB Has $5.22 Million Stock Position in Raymond James Financial, Inc. $RJF

Posted by Brenda Bartman on Jul 11th, 2026

Swedbank AB lowered its position in Raymond James Financial, Inc. (NYSE:RJF – Free Report) by 13.0% in the first quarter, Holdings Channel.com reports. The fund owned 36,064 shares of the financial services provider’s stock after selling 5,372 shares during the period. Swedbank AB’s holdings in Raymond James Financial were worth $5,222,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RJF. Reflection Asset Management acquired a new position in shares of Raymond James Financial in the 4th quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Raymond James Financial in the fourth quarter valued at about $32,000. Harbor Investment Advisory LLC raised its position in Raymond James Financial by 452.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 210 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 172 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Raymond James Financial during the fourth quarter valued at approximately $35,000. Finally, Steigerwald Gordon & Koch Inc. grew its stake in shares of Raymond James Financial by 760.0% in the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 258 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 228 shares during the period. 83.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Raymond James Financial in a research note on Wednesday, May 20th. TD Cowen cut their price objective on Raymond James Financial from $159.00 to $155.00 and set a “hold” rating for the company in a report on Thursday, May 28th. Morgan Stanley upped their target price on shares of Raymond James Financial from $172.00 to $174.00 and gave the stock an “equal weight” rating in a report on Friday. BMO Capital Markets increased their target price on shares of Raymond James Financial from $152.00 to $165.00 and gave the stock a “market perform” rating in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group reduced their price target 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. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Raymond James Financial has an average rating of “Hold” and an average target price of $176.64.

Check Out Our Latest Stock Report on Raymond James Financial

Raymond James Financial Price Performance

RJF traded down $0.57 during trading on Friday, hitting $168.15. The company’s stock had a trading volume of 1,000,423 shares, compared to its average volume of 1,493,235. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $32.77 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 1.30 and a beta of 0.93. The firm’s 50 day moving average price is $154.40 and its two-hundred day moving average price is $156.32. Raymond James Financial, Inc. has a 12 month low of $138.82 and a 12 month high of $177.66.

Raymond James Financial (NYSE:RJF – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The financial services provider reported $2.83 EPS for the quarter, topping 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 company had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the prior year, the business earned $2.42 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. Sell-side analysts forecast that Raymond James Financial, Inc. will post 11.76 earnings per share for the current fiscal year.

Raymond James Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.16 dividend on an annualized basis and a yield of 1.3%. Raymond James Financial’s dividend payout ratio is currently 20.42%.

Key Headlines Impacting Raymond James Financial

Here are the key news stories impacting Raymond James Financial this week:

Positive Sentiment: Several analysts turned more constructive on Raymond James Financial after earnings, including Citizens JMP raising its price target to $200 and Barclays lifting its target to $192 with an overweight rating, signaling expectations for further upside. Raymond James Financial (NYSE:RJF) Given New $200.00 Price Target at Citizens Jmp
Positive Sentiment: Morgan Stanley also raised its target to $174, and a separate article suggested RJF could be about 3% undervalued after posting strong quarterly results, reinforcing the case that recent fundamentals may be better than the market is pricing in. Raymond James Financial (RJF) Could Be 3% Undervalued After Strong Quarterly Results
Neutral Sentiment: UBS kept a hold rating on Raymond James Financial, indicating some analysts still see limited near-term upside despite the recent positive momentum. UBS Sticks to Their Hold Rating for Raymond James Financial (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.