Broadridge Financial Solutions (NYSE:BR) Sets New 12-Month Low – What’s Next?

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) reached a new 52-week low on Tuesday . The company traded as low as $133.83 and last traded at $136.1170, with a volume of 1826221 shares traded. The stock had previously closed at $137.60.

Analyst Ratings Changes

BR has been the subject of a number of recent research reports. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 price objective on shares of Broadridge Financial Solutions in a report on Monday. DA Davidson lowered their target price on shares of 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. UBS Group dropped their target price on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Needham & Company LLC cut their price target on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $221.57.

Broadridge Financial Solutions Price Performance

The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $16.21 billion, a price-to-earnings ratio of 15.00 and a beta of 0.88. The company has a fifty day moving average price of $150.55 and a two-hundred day moving average price of $179.47.

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

Broadridge Financial Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th will be issued a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Insider Buying and Selling at Broadridge Financial Solutions

In other news, insider Hope M. Jarkowski sold 1,966 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the sale, the insider owned 1 shares in the company, valued at approximately $155. This represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Broadridge Financial Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Patton Fund Management Inc. grew its stake in shares of Broadridge Financial Solutions by 5.3% in the 4th quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider’s stock valued at $217,000 after purchasing an additional 49 shares during the last quarter. Great Valley Advisor Group Inc. raised its stake in shares of Broadridge Financial Solutions by 5.3% during the second quarter. Great Valley Advisor Group Inc. now owns 994 shares of the business services provider’s stock worth $242,000 after purchasing an additional 50 shares during the last quarter. Modern Wealth Management LLC raised its stake in shares of Broadridge Financial Solutions by 0.4% during the third quarter. Modern Wealth Management LLC now owns 14,175 shares of the business services provider’s stock worth $3,376,000 after purchasing an additional 55 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of Broadridge Financial Solutions by 3.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 1,608 shares of the business services provider’s stock worth $383,000 after purchasing an additional 61 shares during the period. Finally, WPG Advisers LLC lifted its holdings in shares of Broadridge Financial Solutions by 77.5% during the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after purchasing an additional 62 shares during the period. 90.03% of the stock is owned by hedge funds and other institutional investors.

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.