Broadridge Financial Solutions, Inc. (NYSE:BR) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $247.7143.

A number of brokerages recently issued reports on BR. JPMorgan Chase & Co. decreased their price objective on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research note 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. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Raymond James Financial reissued an “outperform” rating and set a $257.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Finally, Needham & Company LLC dropped their price objective on 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.

Broadridge Financial Solutions Trading Down 0.0%

BR opened at $178.25 on Tuesday. The stock has a market capitalization of $20.81 billion, a price-to-earnings ratio of 19.74 and a beta of 0.98. 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 twelve month low of $163.71 and a twelve month high of $271.91. The company has a 50-day simple moving average of $193.87 and a 200 day simple moving average of $218.86.

Broadridge Financial Solutions (NYSE:BR) last released 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 firm 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 quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Analysts predict that Broadridge Financial Solutions will post 8.53 EPS 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 2.2%. Broadridge Financial Solutions’s payout ratio is presently 43.19%.

Insider Transactions at Broadridge Financial Solutions

In related news, CEO Timothy C. Gokey acquired 5,300 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the transaction, the chief executive officer directly owned 142,876 shares in the company, valued at $27,787,953.24. This trade represents a 3.85% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert N. Duelks sold 253 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the transaction, the director directly owned 20,815 shares of the company’s stock, valued at approximately $4,008,969. The trade was a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Broadridge Financial Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. boosted its holdings in shares of Broadridge Financial Solutions by 692.3% during the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock valued at $879,015,000 after acquiring an additional 3,224,891 shares in the last quarter. Norges Bank acquired a new position in Broadridge Financial Solutions in the 4th quarter worth about $346,304,000. Van ECK Associates Corp increased its holdings in Broadridge Financial Solutions by 110.6% in the 4th quarter. Van ECK Associates Corp now owns 1,475,283 shares of the business services provider’s stock worth $329,239,000 after purchasing an additional 774,747 shares in the last quarter. Pinebridge Investments LLC bought a new position in Broadridge Financial Solutions in the fourth quarter valued at about $126,553,000. Finally, JPMorgan Chase & Co. raised its position in Broadridge Financial Solutions by 52.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,403,997 shares of the business services provider’s stock valued at $313,330,000 after purchasing an additional 485,297 shares during the last quarter. Institutional investors own 90.03% of the company’s stock.

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.