Stephens Inc. AR Purchases 4,245 Shares of Broadridge Financial Solutions, Inc. $BR

Stephens Inc. AR raised its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 357.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,432 shares of the business services provider’s stock after acquiring an additional 4,245 shares during the quarter. Stephens Inc. AR’s holdings in Broadridge Financial Solutions were worth $1,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. increased its holdings in shares of Broadridge Financial Solutions by 692.3% during the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after acquiring an additional 3,224,891 shares during the last quarter. Van ECK Associates Corp grew its stake in Broadridge Financial Solutions by 3,228.4% in the 3rd quarter. Van ECK Associates Corp now owns 700,536 shares of the business services provider’s stock valued at $166,846,000 after buying an additional 679,489 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Broadridge Financial Solutions by 46.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider’s stock valued at $218,807,000 after buying an additional 292,801 shares in the last quarter. Junto Capital Management LP bought a new position in Broadridge Financial Solutions during the 3rd quarter worth $64,752,000. Finally, Vanguard Group Inc. increased its position in Broadridge Financial Solutions by 1.8% during the 3rd 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. Institutional investors own 90.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wall Street Zen cut 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 objective on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. UBS Group lowered their price objective on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. JPMorgan Chase & Co. lowered their price objective 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. Finally, Raymond James Financial reiterated an “outperform” rating and set a $257.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $221.57.

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 shares were bought at an average cost of $194.49 per share, with a total value of $1,030,797.00. Following the acquisition, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This trade represents a 3.85% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Stock Performance

BR opened at $149.34 on Wednesday. The firm has a market cap of $17.27 billion, a P/E ratio of 15.99 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 52-week low of $139.79 and a 52-week high of $271.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. The business’s fifty day moving average is $161.43 and its 200-day moving average is $193.76.

Broadridge Financial Solutions (NYSE:BR) last released its 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 company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.90 billion. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.Broadridge Financial Solutions’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Sell-side analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 EPS 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. Stockholders of record on Monday, March 16th were issued a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio is 41.76%.

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.