Broadridge Financial Solutions (NYSE:BR) Hits New 1-Year Low After Insider Selling

Broadridge Financial Solutions, Inc. (NYSE:BRGet Free Report)’s stock price hit a new 52-week low on Monday following insider selling activity. The company traded as low as $178.22 and last traded at $179.1460, with a volume of 30407 shares. The stock had previously closed at $193.54.

Specifically, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the sale, the director directly owned 20,815 shares in the company, valued at $4,008,969. This represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link.

Analysts Set New Price Targets

A number of analysts recently weighed in on BR shares. Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley decreased their price target on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Needham & Company LLC lowered their price objective on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. JPMorgan Chase & Co. dropped 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. Finally, Raymond James Financial restated an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and an average target price of $247.71.

View Our Latest Stock Analysis on Broadridge Financial Solutions

Broadridge Financial Solutions Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $21.11 billion, a PE ratio of 20.03 and a beta of 0.97. The business has a fifty day moving average price of $217.35 and a 200-day moving average price of $232.54.

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

Broadridge Financial Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 12th were paid a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, December 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 43.19%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BR. Vanguard Group Inc. grew its position in 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 acquiring an additional 264,620 shares during the last quarter. State Street Corp boosted its stake in shares of Broadridge Financial Solutions by 0.6% during the second quarter. State Street Corp now owns 5,642,154 shares of the business services provider’s stock valued at $1,376,006,000 after purchasing an additional 35,061 shares during the period. Alliancebernstein L.P. grew its holdings in shares of Broadridge Financial Solutions by 692.3% in the third 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. Geode Capital Management LLC increased its stake in shares of Broadridge Financial Solutions by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 3,354,869 shares of the business services provider’s stock worth $746,062,000 after buying an additional 12,524 shares during the period. Finally, Barclays PLC raised its holdings in 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 valued at $469,862,000 after buying an additional 14,631 shares during the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Company Profile

(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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