Raymond James Financial, Inc. (RJF)

In the past six months, Raymond James Financial's stock has experienced several notable events and price movements. As of June 13, 2025, the share price was $145.62, a 25.89% increase from June 14, 2024. Goldman Sachs upgraded its outlook for RJF from Neutral to Buy, while JP Morgan downgraded its outlook from Overweight to Neutral. RJF reached its all-time high of $174.32 on January 28, 2025. The company reported strong fiscal first-quarter 2025 results but saw a slight stock decline. The company declared quarterly dividends on common and preferred stock on February 21, 2025 and May 21, 2025. Raymond James Financial reported its fiscal second-quarter 2025 results on April 23, 2025, missing estimates, and the stock fell. Raymond James announced investments in service excellence with proprietary Generative AI Search on April 17, 2025, and advanced asset management and practice management advisor support with leadership appointments on April 8, 2025. Raymond James Financial reported its operating data for May 2025, showing a 9% year-over-year and 3% month-over-month increase in client assets under administration on June 25, 2025.

Information directly detailing the demand seasonality for Raymond James Financial's products and services is not explicitly available. However, its performance is influenced by broader economic factors and market conditions. Asset management fees can be affected by the number of billing days in a quarter. Revenue from wealth management is substantial, and its results have outperformed peers due to its steady wealth management business, acquisitions, and higher net interest income when the US federal-funds rate rose. Client assets under administration are influenced by higher equity markets and net asset inflows, suggesting that demand for their services may correlate with overall market performance and investor activity.

Raymond James Financial, Inc. is a diversified financial services company headquartered in St. Petersburg, Florida, established in 1962. It operates primarily within the Finance sector, specifically in the Investment Managers and Asset Management industries, providing a broad range of financial services to individuals, corporations, and municipalities. The company's major products and services are categorized into Private Client Group, Capital Markets, Asset Management, Bank, and Other.

Raymond James Financial has a significant presence in the United States, accounting for approximately 90% of its revenue. The company also has operations in Canada and Europe, including corporate offices in Germany, Poland, Switzerland, France, and the United Kingdom. As of 2022, Raymond James Financial operated in 298 locations across the United States.

Raymond James Financial maintains a positive brand reputation, emphasizing independence, integrity, conservative risk management, and a client-first focus. The company has continued its volunteerism efforts through "Raymond James Cares Month" and achieved a record-breaking United Way campaign. The firm contributed over $1 million to disaster and humanitarian relief efforts. Raymond James advisors have been recognized on prestigious lists. The company has focused on enhancing associate engagement, attraction, and retention by defining its employee value proposition. The company's disclosure on sustainability topics is relatively low compared to peers, with recommendations for improvement.

Raymond James Financial has a mixed ownership structure, with institutional, retail, and individual investors. Institutional investors own approximately 47.77% to 71.91% of the company's stock, with major shareholders including Vanguard Group Inc and BlackRock, Inc. Thomas A. James is the largest individual shareholder, owning 16.87% of the company. Insiders hold approximately 0.53% of the stock.