4,146 Shares in Broadridge Financial Solutions, Inc. $BR Acquired by Twin Capital Management Inc.

Twin Capital Management Inc. purchased a new position in Broadridge Financial Solutions, Inc. (NYSE:BR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,146 shares of the business services provider’s stock, valued at approximately $674,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in Broadridge Financial Solutions during the 4th quarter worth approximately $346,304,000. Van ECK Associates Corp raised its holdings in shares of Broadridge Financial Solutions by 110.6% in the fourth quarter. Van ECK Associates Corp now owns 1,475,283 shares of the business services provider’s stock valued at $329,239,000 after buying an additional 774,747 shares during the last quarter. Pinebridge Investments LLC purchased a new stake in shares of Broadridge Financial Solutions during the fourth quarter worth approximately $126,553,000. JPMorgan Chase & Co. raised its position in Broadridge Financial Solutions by 52.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,403,997 shares of the business services provider’s stock worth $313,330,000 after buying an additional 485,297 shares during the last quarter. Finally, State Street Corp boosted its holdings in Broadridge Financial Solutions by 6.7% in the 4th quarter. State Street Corp now owns 5,994,841 shares of the business services provider’s stock valued at $1,343,572,000 after purchasing an additional 375,699 shares in the last quarter. 90.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the transaction, the insider directly owned 1 shares in the company, valued at approximately $155. This trade represents a 99.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BR has been the topic of a number of research analyst reports. UBS Group decreased their target price 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. Needham & Company LLC lowered 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 research note on Friday, May 1st. DA Davidson cut their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 price objective on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. Finally, Weiss Ratings downgraded Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Broadridge Financial Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $221.57.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $152.89 on Friday. Broadridge Financial Solutions, Inc. has a 52-week low of $133.83 and a 52-week high of $271.91. The firm has a market cap of $17.68 billion, a P/E ratio of 16.37 and a beta of 0.89. The business’s 50-day moving average price is $146.19 and its 200 day moving average price is $170.02. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97.

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 the consensus estimate of $2.63 by $0.09. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate 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 revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, sell-side analysts predict that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were given a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Broadridge Financial Solutions 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.