Aptus Capital Advisors LLC Acquires 2,911 Shares of Broadridge Financial Solutions, Inc. $BR

Aptus Capital Advisors LLC boosted its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 2.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,375 shares of the business services provider’s stock after purchasing an additional 2,911 shares during the quarter. Aptus Capital Advisors LLC owned about 0.10% of Broadridge Financial Solutions worth $27,246,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Barclays PLC increased its holdings in shares of Broadridge Financial Solutions by 0.7% in the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock worth $469,862,000 after buying an additional 14,631 shares during the last quarter. Advisory Alpha LLC lifted its holdings in shares of Broadridge Financial Solutions by 21.6% in the 3rd quarter. Advisory Alpha LLC now owns 1,474 shares of the business services provider’s stock valued at $345,000 after acquiring an additional 262 shares during the last quarter. Cresset Asset Management LLC grew its position in Broadridge Financial Solutions by 88.0% in the third quarter. Cresset Asset Management LLC now owns 5,123 shares of the business services provider’s stock worth $1,223,000 after acquiring an additional 2,398 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in Broadridge Financial Solutions in the third quarter worth about $1,044,000. Finally, Level Four Advisory Services LLC increased its stake in Broadridge Financial Solutions by 1.8% during the third quarter. Level Four Advisory Services LLC now owns 24,147 shares of the business services provider’s stock worth $5,751,000 after acquiring an additional 417 shares during the last quarter. Institutional investors own 90.03% of the company’s stock.

Insiders Place Their Bets

In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the completion of the sale, the director directly owned 20,815 shares in the company, valued at approximately $4,008,969. This represents a 1.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on BR shares. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. DA Davidson restated a “buy” rating and set a $228.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. JPMorgan Chase & Co. dropped their price objective on shares of 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. Needham & Company LLC cut 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 research report on Wednesday, February 4th. Finally, UBS Group reduced their target price 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 issued a Hold rating to the stock. According to data from MarketBeat, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and an average target price of $247.71.

Broadridge Financial Solutions Trading Up 1.3%

Shares of BR opened at $191.18 on Friday. The firm has a market capitalization of $22.32 billion, a price-to-earnings ratio of 21.17 and a beta of 0.98. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97. Broadridge Financial Solutions, Inc. has a 1-year low of $163.71 and a 1-year high of $271.91. The company has a 50-day moving average of $199.48 and a 200 day moving average of $223.09.

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

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.