Aberdeen Group plc Has $32.11 Million Stock Holdings in Broadridge Financial Solutions, Inc. $BR

Aberdeen Group plc increased its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 3.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 143,877 shares of the business services provider’s stock after buying an additional 5,166 shares during the period. Aberdeen Group plc owned 0.12% of Broadridge Financial Solutions worth $32,109,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of BR. Vanguard Group Inc. lifted its holdings 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 purchasing an additional 264,620 shares during the last quarter. State Street Corp increased its position in Broadridge Financial Solutions by 0.6% during the 2nd 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 during the period. Alliancebernstein L.P. lifted its holdings in shares of Broadridge Financial Solutions by 692.3% during the third quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after buying an additional 3,224,891 shares in the last quarter. Barclays PLC boosted its position in shares of 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 valued at $469,862,000 after acquiring an additional 14,631 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Broadridge Financial Solutions by 8.6% in the third 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 during the period. Institutional investors and hedge funds own 90.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on BR. 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. 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. Needham & Company LLC dropped their price target on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, DA Davidson reissued a “buy” rating and set a $228.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $247.71.

Insider Transactions at Broadridge Financial Solutions

In related news, CEO Timothy C. Gokey purchased 5,300 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average cost of $194.49 per share, with a total value of $1,030,797.00. Following the acquisition, the chief executive officer owned 142,876 shares of the company’s stock, valued at $27,787,953.24. This trade represents a 3.85% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was 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 of the company’s stock, valued at approximately $4,008,969. This represents a 1.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by corporate insiders.

Broadridge Financial Solutions Stock Performance

Shares of Broadridge Financial Solutions stock opened at $160.60 on Friday. 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 company has a market cap of $18.75 billion, a PE ratio of 17.79 and a beta of 1.01. The company has a 50 day moving average of $179.50 and a 200-day moving average of $210.68. Broadridge Financial Solutions, Inc. has a 1-year low of $155.54 and a 1-year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.25. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The business had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period last year, the firm posted $1.56 earnings per share. The firm’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. As a group, equities research analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.975 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.90 annualized dividend and a yield of 2.4%. Broadridge Financial Solutions’s payout ratio is presently 43.19%.

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.