18,271 Shares in Raymond James Financial, Inc. $RJF Purchased by Elevation Point Wealth Partners LLC

Posted by Brenda Bartman on Aug 24th, 2026

Elevation Point Wealth Partners LLC bought a new stake in shares of Raymond James Financial, Inc. (NYSE:RJF – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor bought 18,271 shares of the financial services provider’s stock, valued at approximately $2,778,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Raymond James Financial in the second quarter valued at approximately $2,180,699,000. First Trust Advisors LP lifted its stake in shares of Raymond James Financial by 18.3% in the 4th quarter. First Trust Advisors LP now owns 3,071,996 shares of the financial services provider’s stock valued at $493,332,000 after purchasing an additional 474,477 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Raymond James Financial by 0.8% in the 4th quarter. Victory Capital Management Inc. now owns 2,785,857 shares of the financial services provider’s stock valued at $447,381,000 after purchasing an additional 21,856 shares during the period. Bank of America Corp DE boosted its position in shares of Raymond James Financial by 9.9% in the 1st quarter. Bank of America Corp DE now owns 2,449,760 shares of the financial services provider’s stock worth $354,701,000 after purchasing an additional 220,227 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Raymond James Financial by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,399,638 shares of the financial services provider’s stock worth $347,390,000 after purchasing an additional 41,413 shares during the period. Institutional investors and hedge funds own 83.83% of the company’s stock.

Insiders Place Their Bets

In other news, insider Tashtego S. Elwyn sold 10,000 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $176.06, for a total value of $1,760,600.00. Following the sale, the insider directly owned 45,114 shares in the company, valued at $7,942,770.84. The trade was a 18.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Steven M. Raney sold 5,770 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $172.97, for a total value of $998,036.90. Following the transaction, the insider directly owned 43,046 shares of the company’s stock, valued at $7,445,666.62. This represents a 11.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.58% of the stock is currently owned by corporate insiders.

Raymond James Financial Stock Performance

Shares of RJF opened at $175.37 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.03 and a current ratio of 1.06. Raymond James Financial, Inc. has a twelve month low of $138.82 and a twelve month high of $182.73. The firm’s 50 day moving average price is $168.25 and its two-hundred day moving average price is $157.75. The firm has a market cap of $33.73 billion, a P/E ratio of 15.29, a PEG ratio of 1.07 and a beta of 0.92.

Raymond James Financial (NYSE:RJF – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $0.23. Raymond James Financial had a net margin of 13.57% and a return on equity of 19.07%. The company had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter in the prior year, the firm earned $2.18 earnings per share. The firm’s revenue was up 15.6% compared to the same quarter last year. On average, analysts forecast that Raymond James Financial, Inc. will post 12.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on RJF shares. Citigroup reiterated a “market outperform” rating on shares of Raymond James Financial in a report on Thursday, July 23rd. TD Cowen decreased their target price on Raymond James Financial from $162.00 to $161.00 and set a “hold” rating for the company in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on Raymond James Financial from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. BMO Capital Markets reissued a “market perform” rating and set a $175.00 price objective (up from $160.00) on shares of Raymond James Financial in a research note on Thursday, July 23rd. Finally, Citizens Jmp upped their target price on shares of Raymond James Financial from $200.00 to $205.00 and gave the company a “market outperform” rating in a research note on Thursday, July 23rd. Five equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Raymond James Financial currently has an average rating of “Hold” and an average price target of $181.00.

Get Our Latest Stock Report on Raymond James Financial

Raymond James Financial Company 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.