Lazard Asset Management LLC Invests $1.15 Million in Broadridge Financial Solutions, Inc. $BR

Lazard Asset Management LLC purchased a new position in Broadridge Financial Solutions, Inc. (NYSE:BR) during the first quarter, Holdings Channel reports. The institutional investor purchased 7,099 shares of the business services provider’s stock, valued at approximately $1,153,000.

A number of other institutional investors also recently modified their holdings of BR. Patton Fund Management Inc. boosted its position in Broadridge Financial Solutions by 5.3% during the fourth quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider’s stock valued at $217,000 after acquiring an additional 49 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in shares of Broadridge Financial Solutions by 5.3% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 994 shares of the business services provider’s stock worth $242,000 after acquiring an additional 50 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its stake in shares of Broadridge Financial Solutions by 3.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,608 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 61 shares during the period. WPG Advisers LLC boosted its position in shares of Broadridge Financial Solutions by 77.5% during the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 62 shares in the last quarter. Finally, Bontempo Ohly Capital Mgmt LLC boosted its position in shares of Broadridge Financial Solutions by 0.3% during the 4th quarter. Bontempo Ohly Capital Mgmt LLC now owns 18,895 shares of the business services provider’s stock valued at $4,217,000 after purchasing an additional 62 shares in the last quarter. 90.03% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Hope M. Jarkowski sold 1,966 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider owned 1 shares of the company’s stock, valued at approximately $155. The trade was a 99.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is owned by insiders.

Broadridge Financial Solutions Stock Up 7.2%

Shares of NYSE:BR opened at $168.59 on Wednesday. Broadridge Financial Solutions, Inc. has a 1 year low of $133.83 and a 1 year high of $271.91. The company has a market capitalization of $19.50 billion, a PE ratio of 18.05 and a beta of 0.87. The business has a fifty day moving average price of $147.36 and a two-hundred day moving average price of $163.63. 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 issued its quarterly earnings results on Tuesday, August 4th. The business services provider reported $3.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.76 by $0.06. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. Broadridge Financial Solutions’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business posted $3.55 EPS. Broadridge Financial Solutions has set its FY 2027 guidance at 10.370-10.750 EPS. Analysts forecast that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Thursday, September 3rd will be paid a $1.09 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $4.36 annualized dividend and a yield of 2.6%. This is an increase from Broadridge Financial Solutions’s previous quarterly dividend of $0.97. Broadridge Financial Solutions’s dividend payout ratio is 41.76%.

Analyst Ratings Changes

Several analysts have recently weighed in on BR shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price objective on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. Needham & Company LLC cut their target price on shares of 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. DA Davidson reduced their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. UBS Group decreased their price target on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Weiss Ratings lowered shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $221.57.

Key Headlines Impacting Broadridge Financial Solutions

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Quarterly results exceeded expectations. Adjusted EPS was $3.82 versus the $3.76 consensus estimate, while revenue increased 7.5% year over year to $2.22 billion, ahead of the $2.17 billion estimate. Broadridge Reports Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Recurring revenue and sales trends remained strong. Fiscal 2026 recurring revenue grew 8% to $4.88 billion, closed sales rose 6% to $305 million, and full-year adjusted EPS increased 12% to $9.60. Quarterly operating income also grew 10%, indicating continued operating leverage. Broadridge quarterly profit climbs on investor communications strength
• Positive Sentiment: Management issued solid fiscal 2027 growth objectives. Broadridge expects constant-currency recurring-revenue growth of 6% to 8% and adjusted EPS growth of 8% to 12%. The company also highlighted investments in tokenization and agentic artificial intelligence, supporting its longer-term digital growth strategy. Broadridge fiscal 2027 outlook
• Positive Sentiment: Capital returns were increased. The quarterly dividend was raised 11.8% to $1.09 per share, or $4.36 annualized, marking the 20th consecutive annual increase. Broadridge also authorized a new $1.5 billion stock-repurchase program. Broadridge dividend increase and buyback
• Neutral Sentiment: Fiscal 2027 adjusted EPS guidance of $10.37 to $10.75 brackets the $10.41 analyst consensus, making the outlook supportive but not clearly above expectations at the midpoint.

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.