Shares of Broadridge Financial Solutions, Inc. (NYSE:BR – Get Free Report) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $257.8333.
BR has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. UBS Group cut their price objective on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Morgan Stanley lowered their target price on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a report on Wednesday, November 5th. Wall Street Zen upgraded Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, DA Davidson decreased their price objective on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating for the company in a report on Friday, January 23rd.
Check Out Our Latest Stock Analysis on BR
Broadridge Financial Solutions Trading Up 0.6%
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The business services provider reported $1.51 EPS for the quarter, topping the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. Equities research analysts predict that Broadridge Financial Solutions will post 8.53 EPS for the current year.
Broadridge Financial Solutions Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 12th were given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, December 12th. Broadridge Financial Solutions’s payout ratio is currently 49.94%.
Insider Buying and Selling at Broadridge Financial Solutions
In other news, President Christopher John Perry sold 3,984 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $226.00, for a total transaction of $900,384.00. Following the completion of the transaction, the president directly owned 44,829 shares in the company, valued at $10,131,354. This represents a 8.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Thomas P. Carey sold 10,214 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the completion of the transaction, the vice president owned 6,026 shares of the company’s stock, valued at $1,381,520.76. The trade was a 62.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of BR. Brighton Jones LLC bought a new stake in shares of Broadridge Financial Solutions during the 4th quarter worth approximately $580,000. Empowered Funds LLC increased its holdings in Broadridge Financial Solutions by 41.5% during the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock worth $959,000 after buying an additional 1,160 shares during the last quarter. Woodline Partners LP raised its position in Broadridge Financial Solutions by 6.9% during the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock worth $2,397,000 after acquiring an additional 635 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Broadridge Financial Solutions by 480.8% in the first quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock valued at $616,000 after acquiring an additional 2,106 shares during the last quarter. Finally, Dakota Wealth Management grew its position in shares of Broadridge Financial Solutions by 13.5% in the 2nd quarter. Dakota Wealth Management now owns 4,711 shares of the business services provider’s stock valued at $1,145,000 after acquiring an additional 561 shares during the period. 90.03% of the stock is owned by institutional investors and hedge funds.
About Broadridge Financial Solutions
Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.
Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.
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