Algebris UK Ltd. Makes New Investment in Raymond James Financial, Inc. $RJF
MarketBeat
Last updated: May 21, 2026
Several institutional investors have recently adjusted their holdings in Raymond James Financial, Inc. (RJF). The company also reported its quarterly earnings and provided forward-looking analyst expectations, alongside details about its dividend.
- Algebris UK Ltd. initiated a new position by purchasing 63,355 shares of Raymond James Financial, valued at approximately $10.2 million. Other investors like Leonteq Securities AG also bought new stakes, while ABN Amro Investment Solutions, Intrust Bank NA, Fairtree Asset Management Pty Ltd, and Muirfield Wealth Advisors LLC significantly increased their existing shareholdings. Institutional and hedge funds collectively own 83.83% of the company's stock.
- Raymond James Financial reported second-quarter earnings per share (EPS) of $2.83, exceeding analyst expectations. The company generated $3.86 billion in revenue for the quarter, with a net margin of 13.04% and a return on equity of 17.93%. Analysts forecast an EPS of $11.83 for the current fiscal year.
- The company declared a quarterly dividend of $0.54 per share, payable on July 15th, representing an annualized dividend of $2.16 and a dividend yield of 1.4%.
- Recent analyst ratings show a mixed sentiment, with four Buy ratings and nine Hold ratings, and a consensus target price of $173.25.
