American Century Companies Inc. Decreases Holdings in Broadridge Financial Solutions, Inc. $BR

American Century Companies Inc. reduced its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 27.2% during the third quarter, according to its most recent filing with the SEC. The fund owned 203,072 shares of the business services provider’s stock after selling 75,997 shares during the quarter. American Century Companies Inc. owned 0.17% of Broadridge Financial Solutions worth $48,366,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of Broadridge Financial Solutions during the 4th quarter valued at approximately $580,000. Empowered Funds LLC lifted its stake in Broadridge Financial Solutions by 41.5% in the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock valued at $959,000 after purchasing an additional 1,160 shares during the last quarter. Woodline Partners LP grew its holdings in Broadridge Financial Solutions by 6.9% during the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock valued at $2,397,000 after purchasing an additional 635 shares during the period. Acadian Asset Management LLC increased its position in Broadridge Financial Solutions by 480.8% in the first quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock worth $616,000 after buying an additional 2,106 shares during the last quarter. Finally, Huntington National Bank increased its position in Broadridge Financial Solutions by 6.8% in the second quarter. Huntington National Bank now owns 2,169 shares of the business services provider’s stock worth $527,000 after buying an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Trading Up 1.3%

Broadridge Financial Solutions stock opened at $191.18 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.97 and a current ratio of 0.97. Broadridge Financial Solutions, Inc. has a fifty-two week low of $163.71 and a fifty-two week high of $271.91. The stock has a market cap of $22.32 billion, a P/E ratio of 21.17 and a beta of 0.98. The firm’s fifty day moving average price is $199.48 and its 200-day moving average price is $223.09.

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

Insider Activity at Broadridge Financial Solutions

In other news, Director Robert N. Duelks sold 253 shares of the business’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 completion of the transaction, the director owned 20,815 shares of the company’s stock, valued at approximately $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

BR has been the subject of several research reports. Wall Street Zen downgraded Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Needham & Company LLC dropped their price objective on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. lowered their price target 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. Finally, UBS Group dropped their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $247.71.

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.