Broadridge Financial Solutions, Inc. $BR Shares Sold by Capital International Investors

Capital International Investors cut its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 41.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 887,931 shares of the business services provider’s stock after selling 618,112 shares during the period. Capital International Investors owned about 0.76% of Broadridge Financial Solutions worth $211,478,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of BR. Brighton Jones LLC acquired a new position in Broadridge Financial Solutions in the fourth quarter valued at approximately $580,000. Empowered Funds LLC raised its position in shares of Broadridge Financial Solutions by 41.5% during the 1st quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock worth $959,000 after purchasing an additional 1,160 shares during the period. Woodline Partners LP raised its position in shares of Broadridge Financial Solutions by 6.9% during the 1st quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock worth $2,397,000 after purchasing an additional 635 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Broadridge Financial Solutions by 480.8% in the 1st quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock worth $616,000 after purchasing an additional 2,106 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in Broadridge Financial Solutions during the 2nd quarter valued at approximately $40,000. Institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Trading Down 1.8%

Shares of NYSE:BR opened at $183.27 on Thursday. The company has a 50 day moving average of $196.52 and a 200-day moving average of $220.79. 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 firm has a market cap of $21.40 billion, a P/E ratio of 20.30 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.

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

Broadridge Financial Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th will be issued a $0.975 dividend. The ex-dividend date is Monday, March 16th. This represents a $3.90 annualized dividend and a dividend yield of 2.1%. Broadridge Financial Solutions’s dividend payout ratio is 43.19%.

Insider Buying and Selling at Broadridge Financial Solutions

In related news, Director Robert N. Duelks sold 253 shares of the firm’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 $4,008,969. This trade represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Timothy C. Gokey bought 5,300 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BR shares. JPMorgan Chase & Co. lowered their price objective on 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. UBS Group cut their target price on 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. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Weiss Ratings cut shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $257.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $247.71.

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.