Royal Bank of Canada increased its position in Stifel Financial Corporation (NYSE:SF – Free Report) by 43.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 143,081 shares of the financial services provider’s stock after acquiring an additional 43,036 shares during the period. Royal Bank of Canada owned about 0.09% of Stifel Financial worth $10,578,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in shares of Stifel Financial in the 3rd quarter worth $29,000. Activest Wealth Management lifted its holdings in shares of Stifel Financial by 12,000.0% during the fourth quarter. Activest Wealth Management now owns 242 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 240 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Stifel Financial during the fourth quarter valued at $34,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Stifel Financial during the fourth quarter valued at $50,000. Finally, BOKF NA increased its holdings in Stifel Financial by 1,626.9% in the 3rd quarter. BOKF NA now owns 449 shares of the financial services provider’s stock worth $51,000 after buying an additional 423 shares in the last quarter. 82.01% of the stock is owned by institutional investors.
Analysts Set New Price Targets
SF has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their target price on Stifel Financial from $80.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of Stifel Financial from a “buy” rating to a “hold” rating in a report on Sunday. UBS Group set a $90.00 price objective on shares of Stifel Financial in a report on Thursday, July 23rd. Zacks Research upgraded shares of Stifel Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Stifel Financial in a report on Friday, May 29th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.90.
Stifel Financial Stock Performance
SF opened at $83.11 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.80 and a debt-to-equity ratio of 0.33. The company has a market cap of $12.55 billion, a price-to-earnings ratio of 14.88 and a beta of 0.99. The company’s 50 day moving average is $75.61 and its 200 day moving average is $76.57. Stifel Financial Corporation has a 12-month low of $67.81 and a 12-month high of $89.83.
Stifel Financial (NYSE:SF – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The financial services provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.09. Stifel Financial had a net margin of 16.11% and a return on equity of 19.22%. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the company earned $1.71 earnings per share. The firm’s revenue was up 13.0% on a year-over-year basis. On average, equities research analysts predict that Stifel Financial Corporation will post 6.36 EPS for the current year.
Stifel Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.36 annualized dividend and a yield of 1.6%. Stifel Financial’s payout ratio is 24.33%.
Insiders Place Their Bets
In other Stifel Financial news, Director Maryam S. Brown sold 4,700 shares of the business’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $79.20, for a total transaction of $372,240.00. Following the completion of the sale, the director owned 5,729 shares of the company’s stock, valued at approximately $453,736.80. The trade was a 45.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 3.36% of the company’s stock.
Stifel Financial Company Profile
Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.
The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.
See Also
- Five stocks we like better than Stifel Financial
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Stifel Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stifel Financial and related companies with MarketBeat.com's FREE daily email newsletter.
