Bell Asset Management Ltd Sells 6,348 Shares of Broadridge Financial Solutions, Inc. $BR

Bell Asset Management Ltd reduced its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 34.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,030 shares of the business services provider’s stock after selling 6,348 shares during the quarter. Bell Asset Management Ltd’s holdings in Broadridge Financial Solutions were worth $2,865,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BR. Vanguard Group Inc. boosted its stake in shares of 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 valued at $3,643,058,000 after purchasing an additional 264,620 shares in the last quarter. State Street Corp raised its stake in Broadridge Financial Solutions by 0.6% in the second quarter. State Street Corp now owns 5,642,154 shares of the business services provider’s stock worth $1,376,006,000 after buying an additional 35,061 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Broadridge Financial Solutions by 4.3% in the second quarter. Geode Capital Management LLC now owns 3,292,241 shares of the business services provider’s stock worth $797,031,000 after buying an additional 136,386 shares during the period. Barclays PLC lifted its holdings in Broadridge Financial Solutions by 0.7% in the third 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 period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Broadridge Financial Solutions by 8.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock valued at $452,766,000 after acquiring an additional 149,756 shares in the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Broadridge Financial Solutions Price Performance

Shares of NYSE BR opened at $197.07 on Monday. The firm has a market cap of $23.01 billion, a P/E ratio of 21.82 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a twelve month low of $163.71 and a twelve month high of $271.91. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. The company has a 50 day moving average of $198.86 and a 200 day moving average of $222.09.

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, beating the consensus estimate of $1.34 by $0.25. The business had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, research analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Insider Buying and Selling

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

Analysts Set New Price Targets

BR has been the topic of a number of research analyst reports. Needham & Company LLC reduced their target price on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. UBS Group lowered their target price on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research note on Thursday, November 13th. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings downgraded Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $247.71.

Key Headlines Impacting Broadridge Financial Solutions

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Board declares quarterly cash dividend of $0.975 per share (payable Apr 8, record Mar 16), reinforcing the company’s commitment to returning cash and signaling financial stability attractive to income investors. Broadridge Declares Quarterly Dividend of $0.975 Per Share
• Positive Sentiment: Broadridge appointed Allen Weinberg as Chief Growth and Strategy Officer — a newly created role focused on accelerating sustainable revenue growth, improving profitability and sharpening competitive differentiation, which investors view as supportive for longer-term execution. Broadridge Appoints Allen Weinberg as Chief Growth and Strategy Officer
• Positive Sentiment: Broadridge’s Distributed Ledger Repo (DLR) showed strong institutional traction — processing an average daily volume of $365 billion in January — supporting the company’s positioning in tokenized real-asset settlement and potential future revenue expansion. Broadridge Makes Major Stride In January
• Neutral Sentiment: Broadridge expanded pass-through voting tools to increase retail investor participation in corporate governance — a strategic product enhancement that may deepen customer engagement but is unlikely to drive material near-term revenue. Broadridge Expands Pass-Through Voting Tools
• Neutral Sentiment: Analyst/coverage notes: some commentary points out the stock is modestly lower since the last earnings report, highlighting short-term volatility despite an EPS beat and raised FY guidance; this tempers but does not negate the positive company developments. Broadridge Down 0.7% Since Last Earnings Report

Broadridge Financial Solutions 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.