Broadridge Financial Solutions, Inc. (NYSE:BR) Receives Average Rating of “Moderate Buy” from Analysts

Broadridge Financial Solutions, Inc. (NYSE:BR) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $247.7143.

BR has been the subject of several analyst reports. DA Davidson reissued a “buy” rating and issued a $228.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Raymond James Financial reissued an “outperform” rating and issued a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. JPMorgan Chase & Co. decreased their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $255.00 price objective on shares of Broadridge Financial Solutions in a report on Monday, April 6th.

Insider Activity

In related news, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction dated 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 transaction, the director owned 20,815 shares in the company, valued at $4,008,969. The trade was a 1.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy C. Gokey purchased 5,300 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the purchase, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This represents a 3.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Broadridge Financial Solutions

Institutional investors and hedge funds have recently modified their holdings of the business. First Horizon Corp purchased a new position in shares of Broadridge Financial Solutions in the 3rd quarter valued at about $25,000. Reflection Asset Management purchased a new position in shares of Broadridge Financial Solutions in the 4th quarter valued at about $25,000. Nemes Rush Group LLC purchased a new position in shares of Broadridge Financial Solutions in the 4th quarter valued at about $27,000. Prosperity Bancshares Inc purchased a new position in shares of Broadridge Financial Solutions in the 4th quarter valued at about $28,000. Finally, Guerra Advisors Inc purchased a new position in shares of Broadridge Financial Solutions in the 3rd quarter valued at about $29,000. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Performance

Shares of BR stock opened at $151.16 on Friday. The stock has a market cap of $17.65 billion, a PE ratio of 16.74 and a beta of 1.01. The business has a 50-day simple moving average of $175.02 and a 200-day simple moving average of $207.95. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. Broadridge Financial Solutions has a 52-week low of $150.10 and a 52-week high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating 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 company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. On average, equities analysts expect that Broadridge Financial Solutions will post 8.53 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Monday, March 16th were paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s payout ratio is currently 43.19%.

About Broadridge Financial Solutions

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.