Intech Investment Management LLC Reduces Stock Position in Broadridge Financial Solutions, Inc. $BR

Intech Investment Management LLC cut its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 53.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,571 shares of the business services provider’s stock after selling 12,345 shares during the period. Intech Investment Management LLC’s holdings in Broadridge Financial Solutions were worth $2,518,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. First Horizon Corp purchased a new stake in Broadridge Financial Solutions during the third quarter valued at $25,000. NewSquare Capital LLC increased its position in shares of Broadridge Financial Solutions by 89.5% during the 2nd quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 51 shares during the last quarter. Guerra Advisors Inc bought a new position in shares of Broadridge Financial Solutions in the 3rd quarter worth approximately $29,000. Atlantic Union Bankshares Corp purchased a new position in shares of Broadridge Financial Solutions in the second quarter worth approximately $40,000. Finally, ORG Partners LLC grew its position in Broadridge Financial Solutions by 57.4% during the third quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after buying an additional 66 shares during the period. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Broadridge Financial Solutions

In related news, Director Robert N. Duelks sold 253 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 20,815 shares of the company’s stock, 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 legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $187.70 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. The business’s 50-day simple moving average is $201.01 and its two-hundred day simple moving average is $223.55. The stock has a market cap of $21.91 billion, a PE ratio of 20.79 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 52 week low of $163.71 and a 52 week high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the company posted $1.56 earnings per share. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on BR. UBS Group decreased their price target 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 decreased their target price on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. JPMorgan Chase & Co. lowered their target price on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC decreased their price objective on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $247.71.

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.