Raymond James Financial, Inc. (RJF)

In the past six months, Raymond James Financial's stock has been influenced by earnings reports, dividend declarations, and market dynamics. The company reported strong fiscal first-quarter 2025 results, with net revenues and net income increasing. The company increased its quarterly cash dividend and authorized common stock repurchases. However, the fiscal second-quarter 2025 earnings saw a slight miss on both EPS and revenue compared to expectations, leading to a stock price decline. Over the last year, RJF's stock has increased, and insider trading activity has predominantly involved sales. Institutional investors have shown mixed activity.

Raymond James Financial experiences some seasonality in its business operations. The first calendar quarter typically sees seasonality in domestic net new assets. Clients' domestic cash sweep and ESP balances declined due to quarterly fee billings and seasonal tax payments. Investment banking closings can be impacted by macroeconomic uncertainty, but the investment banking pipeline remains strong. Loan demand has been relatively muted due to higher interest rates. Strong growth of assets in fee-based accounts within the Private Client Group segment is expected to drive long-term growth of financial assets under management.

Raymond James Financial, Inc. operates in the Financial Services sector, focusing on Asset Management and Investment Managers. The company offers wealth management, investment banking, asset management, and commercial banking services. Its services include financial planning, investment advisory, securities brokerage, underwriting, retail and corporate banking, trust services, FDIC-insured deposit accounts, and lending services. Raymond James also invests in private equity and operates through Private Client Group, Capital Markets, Asset Management, Bank, and Other segments.

Raymond James Financial has a global presence, with over 90% of its revenues and a larger percentage of its operating income coming from the United States. As of 2022, it operated in 298 locations across the U.S. It also has a presence in Canada, Europe (including corporate offices in France, Germany, Poland, Switzerland, and the United Kingdom), and the Caribbean.

Raymond James Financial maintains a strong brand reputation through its client-centric approach and ethical financial practices. The company has been recognized as a Fortune 500 company and has appeared on Forbes' lists. Raymond James has engaged in a strategic collaboration with FNZ to enhance its wealth management systems and plans to invest $1 billion globally. However, an incremental provision related to an SEC industry sweep on off-platform communications negatively impacted its reputation and financial results.

Raymond James Financial's stock ownership includes institutional, retail, and individual investors. Approximately 55.04% is owned by Institutional Investors, 0.53% by Insiders, and 44.43% by Public Companies and Individual Investors. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and Wellington Management Group Llp. The largest individual shareholder is Thomas A. James.