DA Davidson Has Lowered Expectations for Broadridge Financial Solutions (NYSE:BR) Stock Price

Broadridge Financial Solutions (NYSE:BR) had its price objective dropped by investment analysts at DA Davidson from $240.00 to $228.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the business services provider’s stock. DA Davidson’s price target would suggest a potential upside of 9.94% from the company’s previous close.

BR has been the topic of several other reports. Morgan Stanley reduced their price objective on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. UBS Group reduced their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $257.83.

Broadridge Financial Solutions Trading Down 1.1%

Shares of Broadridge Financial Solutions stock opened at $207.40 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.93 and a quick ratio of 0.93. Broadridge Financial Solutions has a 1 year low of $204.61 and a 1 year high of $271.91. The firm has a market cap of $24.21 billion, a PE ratio of 26.56 and a beta of 0.99. The company has a 50 day simple moving average of $224.42 and a two-hundred day simple moving average of $236.03.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings data on Tuesday, November 4th. The business services provider reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.32. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The firm had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. Analysts expect that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.

Insider Transactions at Broadridge Financial Solutions

In related news, President Christopher John Perry sold 3,984 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total transaction of $900,384.00. Following the transaction, the president owned 44,829 shares in the company, valued at $10,131,354. The trade was a 8.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Thomas P. Carey sold 10,214 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the transaction, the vice president directly owned 6,026 shares of the company’s stock, valued at $1,381,520.76. The trade was a 62.89% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Institutional Trading of Broadridge Financial Solutions

Several large investors have recently bought and sold shares of BR. Farther Finance Advisors LLC grew its holdings in shares of Broadridge Financial Solutions by 1.4% during the 4th quarter. Farther Finance Advisors LLC now owns 5,572 shares of the business services provider’s stock worth $1,243,000 after acquiring an additional 78 shares during the period. Tyche Wealth Partners LLC bought a new stake in shares of Broadridge Financial Solutions during the fourth quarter valued at approximately $546,000. Patton Fund Management Inc. grew its stake in Broadridge Financial Solutions by 5.3% in the fourth quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider’s stock worth $217,000 after purchasing an additional 49 shares during the period. Assetmark Inc. grew its stake in Broadridge Financial Solutions by 30.0% in the fourth quarter. Assetmark Inc. now owns 42,962 shares of the business services provider’s stock worth $9,588,000 after purchasing an additional 9,914 shares during the period. Finally, Steph & Co. raised its holdings in Broadridge Financial Solutions by 176.5% in the fourth quarter. Steph & Co. now owns 495 shares of the business services provider’s stock worth $110,000 after purchasing an additional 316 shares in the last quarter. 90.03% of the stock is owned by institutional investors.

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.