Analysts Set Broadridge Financial Solutions, Inc. (NYSE:BR) Target Price at $247.71

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $247.7143.

Several research analysts recently commented on the stock. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Needham & Company LLC lowered their price target on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. JPMorgan Chase & Co. reduced their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Finally, DA Davidson reaffirmed a “buy” rating and set a $228.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th.

Broadridge Financial Solutions Stock Up 1.2%

Shares of NYSE BR opened at $177.82 on Friday. Broadridge Financial Solutions has a 1 year low of $163.71 and a 1 year high of $271.91. The firm has a 50-day simple moving average of $205.33 and a two-hundred day simple moving average of $226.28. The company has a market cap of $20.76 billion, a P/E ratio of 19.69 and a beta of 0.97. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the business posted $1.56 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Research analysts anticipate that Broadridge Financial Solutions will post 8.53 earnings per share for the current year.

Insider Activity

In other news, Director Robert N. Duelks sold 253 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the transaction, the director directly owned 20,815 shares in the company, valued at approximately $4,008,969. This trade represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Thomas P. Carey sold 10,214 shares of Broadridge Financial Solutions stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total transaction of $2,341,661.64. Following the transaction, the vice president directly owned 6,026 shares in the company, valued at approximately $1,381,520.76. The trade was a 62.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Institutional Trading of Broadridge Financial Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Horizon Corp purchased a new stake in shares of Broadridge Financial Solutions during the 3rd quarter worth $25,000. NewSquare Capital LLC raised its holdings in Broadridge Financial Solutions by 89.5% in the second quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Nemes Rush Group LLC bought a new position in Broadridge Financial Solutions in the fourth quarter worth about $27,000. Guerra Advisors Inc purchased a new stake in shares of Broadridge Financial Solutions during the third quarter valued at about $29,000. Finally, Bank of Jackson Hole Trust boosted its holdings in shares of Broadridge Financial Solutions by 110.3% in the 2nd quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock valued at $30,000 after buying an additional 64 shares in the last quarter. Institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Company Profile

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.