Analysts Set Broadridge Financial Solutions, Inc. (NYSE:BR) Price Target at $221.57

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $221.5714.

Several analysts have weighed in on BR shares. UBS Group decreased their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Needham & Company LLC lowered their target price on 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. Weiss Ratings cut shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price objective on shares of Broadridge Financial Solutions in a report on Monday, June 22nd. 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 note on Tuesday, May 5th.

Broadridge Financial Solutions Stock Performance

Broadridge Financial Solutions stock opened at $148.84 on Monday. The firm has a market capitalization of $17.21 billion, a P/E ratio of 15.94 and a beta of 0.89. The stock has a fifty day moving average price of $146.21 and a two-hundred day moving average price of $166.78. Broadridge Financial Solutions has a 52-week low of $133.83 and a 52-week high of $271.91. 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 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. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the company earned $2.44 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Broadridge Financial Solutions will post 9.55 EPS for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors 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 was Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 41.76%.

Insider Buying and Selling

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the business’s stock in a transaction dated 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 $155. The trade was a 99.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.10% of the stock is owned by company insiders.

Institutional Trading of Broadridge Financial Solutions

Several institutional investors have recently made changes to their positions in BR. Investors Research Corp increased its stake in Broadridge Financial Solutions by 1.2% during the second quarter. Investors Research Corp now owns 6,425 shares of the business services provider’s stock worth $880,000 after acquiring an additional 75 shares during the last quarter. Tema ETFs LLC lifted its stake in shares of Broadridge Financial Solutions by 60.9% in the 2nd quarter. Tema ETFs LLC now owns 2,520 shares of the business services provider’s stock valued at $345,000 after purchasing an additional 954 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in shares of Broadridge Financial Solutions by 13.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 52,586 shares of the business services provider’s stock valued at $7,202,000 after purchasing an additional 6,189 shares during the last quarter. Sax Wealth Advisors LLC purchased a new position in shares of Broadridge Financial Solutions during the 2nd quarter worth $198,000. Finally, Beacon Investment Advisory Services Inc. grew its holdings in shares of Broadridge Financial Solutions by 703.7% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 659 shares of the business services provider’s stock worth $90,000 after purchasing an additional 577 shares during the period. Hedge funds and other institutional investors own 90.03% of the company’s stock.

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.