Inceptionr LLC Purchases New Stake in Broadridge Financial Solutions, Inc. $BR

Inceptionr LLC acquired a new position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,818 shares of the business services provider’s stock, valued at approximately $909,000.

A number of other large investors have also recently made changes to their positions in BR. Norges Bank bought a new stake in shares of Broadridge Financial Solutions during the second quarter worth about $123,812,000. Vanguard Group Inc. lifted its position in Broadridge Financial Solutions by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 15,031,420 shares of the business services provider’s stock valued at $3,653,086,000 after acquiring an additional 298,273 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Broadridge Financial Solutions by 46.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider’s stock valued at $218,807,000 after purchasing an additional 292,801 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in Broadridge Financial Solutions during the 3rd quarter valued at about $41,635,000. Finally, Bank of America Corp DE increased its holdings in Broadridge Financial Solutions by 24.2% during the 2nd quarter. Bank of America Corp DE now owns 850,904 shares of the business services provider’s stock worth $206,795,000 after purchasing an additional 165,965 shares in the last quarter. 90.03% of the stock is owned by institutional investors.

Broadridge Financial Solutions Price Performance

NYSE BR opened at $188.85 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. The company has a market cap of $22.05 billion, a PE ratio of 20.91 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 52 week low of $163.71 and a 52 week high of $271.91. The firm’s 50-day simple moving average is $198.09 and its two-hundred day simple moving average is $221.58.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.25. The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.61 billion. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.56 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Research analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th will be issued a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 43.19%.

Wall Street Analysts Forecast Growth

BR has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings downgraded Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Raymond James Financial reissued an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Needham & Company LLC dropped their price objective on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Finally, DA Davidson reaffirmed a “buy” rating and set a $228.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Broadridge Financial Solutions has an average rating of “Moderate Buy” and an average target price of $247.71.

Insider Buying and Selling at Broadridge Financial Solutions

In related news, CEO Timothy C. Gokey purchased 5,300 shares of Broadridge Financial Solutions stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the transaction, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert N. Duelks sold 253 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the sale, the director directly owned 20,815 shares in the company, valued at $4,008,969. This trade represents a 1.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

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.