Broadridge Financial Solutions, Inc. $BR Stock Position Trimmed by SVB Wealth LLC

SVB Wealth LLC decreased its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 14.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,330 shares of the business services provider’s stock after selling 4,515 shares during the period. SVB Wealth LLC’s holdings in Broadridge Financial Solutions were worth $6,099,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BR. Vanguard Group Inc. boosted its position in shares of Broadridge Financial Solutions by 1.8% during the third quarter. Vanguard Group Inc. now owns 15,296,040 shares of the business services provider’s stock worth $3,643,058,000 after buying an additional 264,620 shares during the period. Alliancebernstein L.P. increased its position in Broadridge Financial Solutions by 692.3% in the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock valued at $879,015,000 after acquiring an additional 3,224,891 shares during the period. Barclays PLC raised its stake in Broadridge Financial Solutions by 0.7% during the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock valued at $469,862,000 after acquiring an additional 14,631 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Broadridge Financial Solutions by 8.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock valued at $452,766,000 after acquiring an additional 149,756 shares in the last quarter. Finally, Northern Trust Corp boosted its position in Broadridge Financial Solutions by 6.6% during the 3rd quarter. Northern Trust Corp now owns 1,711,824 shares of the business services provider’s stock worth $407,705,000 after acquiring an additional 105,696 shares during the period. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Up 0.0%

BR stock opened at $149.54 on Monday. Broadridge Financial Solutions, Inc. has a 12 month low of $148.36 and a 12 month high of $271.91. The firm has a market cap of $17.30 billion, a PE ratio of 16.01 and a beta of 0.89. The firm has a 50 day simple moving average of $167.76 and a 200 day simple moving average of $198.42. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.09. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Equities research analysts forecast that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Monday, March 16th were issued a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s payout ratio is presently 41.76%.

Insider Activity

In related news, CEO Timothy C. Gokey bought 5,300 shares of Broadridge Financial Solutions stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of $194.49 per share, with a total value of $1,030,797.00. Following the completion of the acquisition, the chief executive officer directly owned 142,876 shares in the company, valued at approximately $27,787,953.24. This trade represents a 3.85% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on BR shares. DA Davidson decreased their price target on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Needham & Company LLC reduced their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 1st. 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. UBS Group lowered their target price on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. dropped their price target on shares of 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. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and an average price target of $221.57.

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.