Broadridge Financial Solutions, Inc. $BR Shares Sold by Nicholas Company Inc.

Nicholas Company Inc. reduced its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,434 shares of the business services provider’s stock after selling 5,075 shares during the period. Nicholas Company Inc. owned 0.07% of Broadridge Financial Solutions worth $17,058,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of 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 purchasing an additional 264,620 shares during the last quarter. Alliancebernstein L.P. boosted its stake 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 purchasing an additional 3,224,891 shares during the last quarter. Barclays PLC boosted its stake in shares of Broadridge Financial Solutions by 0.7% during the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock worth $469,862,000 after purchasing an additional 14,631 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Broadridge Financial Solutions by 8.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock worth $452,766,000 after purchasing an additional 149,756 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Broadridge Financial Solutions by 6.6% during the 3rd quarter. Northern Trust Corp now owns 1,711,824 shares of the business services provider’s stock worth $407,705,000 after purchasing an additional 105,696 shares during the last quarter. 90.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey acquired 5,300 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the completion of the acquisition, the chief executive officer directly owned 142,876 shares in the company, valued at $27,787,953.24. This trade represents a 3.85% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Broadridge Financial Solutions Stock Up 0.0%

BR stock opened at $149.54 on Monday. Broadridge Financial Solutions, Inc. has a twelve month low of $148.36 and a twelve month high of $271.91. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $17.30 billion, a P/E ratio of 16.01 and a beta of 0.89. The firm has a 50 day simple moving average of $167.76 and a 200-day simple moving average of $198.42.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter last year, the company earned $2.44 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, equities research 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 disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th were issued a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, March 16th. Broadridge Financial Solutions’s payout ratio is currently 41.76%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Raymond James Financial reissued an “outperform” rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. decreased their target price on shares of 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. Needham & Company LLC decreased 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 report on Friday, May 1st. Wall Street Zen cut shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Finally, DA Davidson decreased their target price on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $221.57.

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.