Raymond James Financial, Inc. Appoints Will Weatherford to Board of Directors and Audit and Risk Committees, Effective December 15, 2026

Analysts at TD Cowen maintained Buy ratings on Willis Towers Watson (WTW) with a $455 target, and Hold on Raymond James Financial (RJF) with a $161 target. WTW closed at $335.46, near its 52-week high, while RJF closed at $177.93. Analyst consensus for WTW is Moderate Buy with a $374.87 average target, and for RJF is Moderate Buy with a $185.80 average target.

Raymond James Financial reported record client assets of $1.93T for July 2026, up 17% YoY. Fee-based AUM grew 21% YoY to $1.16T, while total AUM rose 30% YoY to $344.6B. Bank loans increased 13% YoY to $56.3B, and cash sweep balances were $56.7B, down 4% from June.

Barclays raised its price target for Raymond James Financial (RJF) from $192 to $196 and reiterated an “overweight” rating, implying about 18.8% upside from the stock’s then-current price. Other analysts issued mixed targets. RJF traded at $165.04 and reported Q3 EPS of $3.14 on $3.93B revenue, beating consensus.

Raymond James Financial (NYSE: RJF) reported Q2 CY2026 results. Revenue rose 28.4% year on year to $4.36 billion, topping Wall Street estimates by 12.6%. Non-GAAP profit was $3.14 per share, 7.8% above analysts’ consensus. The stock reportedly fell about 1% to $166.37 after the release.

Raymond James Financial reported fiscal third-quarter net income available to common shareholders of $595 million, up from $435 million a year earlier, with adjusted net income of $620 million. Client assets reached $1.92 trillion. Revenue and pretax income rose across advisory, investment banking and lending, while asset management revenue increased 24% to $362 million. The firm repurchased $400 million of shares and reported $1.1 billion remaining under authorization.

Raymond James Financial (RJF) reported higher third-quarter profit, citing strength in its capital markets unit. Private client assets under administration rose 18% to $1.86T, and private client net revenue rose 14% to $2.84B. Capital markets revenue increased 25% to $477M, investment banking revenue rose 40% to $285M. Adjusted net income was $620M, or $3.14/share.