Rep. Dan Newhouse Purchases Shares of Broadridge Financial Solutions, Inc. (NYSE:BR)

Representative Dan Newhouse (R-Washington) recently bought shares of Broadridge Financial Solutions, Inc. (NYSE:BR). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Broadridge Financial Solutions stock on December 31st. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
  • Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
  • Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
  • Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
  • Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
  • Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
  • Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
  • Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.
  • Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 12/11/2025.

Broadridge Financial Solutions Stock Down 0.2%

Shares of NYSE BR opened at $218.83 on Friday. The business has a 50-day simple moving average of $225.80 and a two-hundred day simple moving average of $237.07. Broadridge Financial Solutions, Inc. has a 52 week low of $212.33 and a 52 week high of $271.91. The company has a market cap of $25.54 billion, a P/E ratio of 28.02 and a beta of 0.99. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.06.

Broadridge Financial Solutions (NYSE:BRGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The business services provider reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. Research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 12th were given a $0.975 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $3.90 annualized dividend and a dividend yield of 1.8%. Broadridge Financial Solutions’s payout ratio is 49.94%.

Institutional Investors Weigh In On Broadridge Financial Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aberdeen Group plc increased its stake in Broadridge Financial Solutions by 3.7% in the 4th quarter. Aberdeen Group plc now owns 143,877 shares of the business services provider’s stock worth $32,109,000 after buying an additional 5,166 shares in the last quarter. Trust Co. of Vermont grew its position in shares of Broadridge Financial Solutions by 47.1% during the fourth quarter. Trust Co. of Vermont now owns 375 shares of the business services provider’s stock worth $84,000 after purchasing an additional 120 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Broadridge Financial Solutions by 49.6% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,881 shares of the business services provider’s stock valued at $866,000 after purchasing an additional 1,286 shares during the period. Lodestone Wealth Management LLC purchased a new position in Broadridge Financial Solutions in the 4th quarter worth approximately $39,000. Finally, Frank Rimerman Advisors LLC bought a new position in Broadridge Financial Solutions in the 4th quarter worth approximately $528,000. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BR. Weiss Ratings reissued a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Monday, December 29th. Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. DA Davidson reaffirmed a “neutral” rating and set a $240.00 price objective on shares of Broadridge Financial Solutions in a research note on Tuesday, October 28th. UBS Group reduced their price target on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Finally, Morgan Stanley cut their price objective on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $259.83.

View Our Latest Analysis on Broadridge Financial Solutions

Insiders Place Their Bets

In other news, VP Thomas P. Carey sold 10,214 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the transaction, the vice president directly owned 6,026 shares in the company, valued at approximately $1,381,520.76. This represents a 62.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Christopher John Perry sold 3,984 shares of Broadridge Financial Solutions stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $226.00, for a total transaction of $900,384.00. Following the sale, the president owned 44,829 shares of the company’s stock, valued at $10,131,354. The trade was a 8.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Broadridge Financial Solutions

(Get Free Report)

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.

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