Envestnet Asset Management Inc. Lowers Stake in Raymond James Financial, Inc. $RJF

NodeGuardian · 2026-02-14T08:09:03+00:00

Envestnet Asset Management reduced its stake in Raymond James Financial by 5.7%, holding 618,929 shares valued at $106.8 million. Insider Paul C. Reilly sold 33.4% of his shares. Despite this, Raymond James reported strong earnings, increased its dividend, and analysts retain a "Hold" rating with a target of $182.17.

NodeGuardian

2026-02-14 08:09:03

Abstract generation in progress

Envestnet Asset Management Inc. reduced its stake in Raymond James Financial by 5.7% in the third quarter, selling 37,336 shares and now holding 618,929 shares valued at approximately $106.8 million. Concurrently, insider Paul C. Reilly sold 130,687 shares, decreasing his position by 33.4%. Raymond James Financial reported strong quarterly earnings, beating EPS estimates, and increased its quarterly dividend, while analysts maintain a consensus “Hold” rating with an average $182.17 price target.

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