Broadridge Financial Solutions (NYSE:BR) Hits New 12-Month Low on Insider Selling

Broadridge Financial Solutions, Inc. (NYSE:BR) shares reached a new 52-week low on Monday after an insider sold shares in the company. The stock traded as low as $178.22 and last traded at $179.1460, with a volume of 30407 shares changing hands. The stock had previously closed at $193.54.

Specifically, Director Robert N. Duelks sold 253 shares of the business’s 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 sale, the director directly owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Needham & Company LLC reduced their price objective on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. JPMorgan Chase & Co. decreased 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 note on Wednesday, February 4th. Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group reduced their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Finally, Morgan Stanley lowered their price target on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a report on Wednesday, November 5th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $247.71.

Broadridge Financial Solutions Trading Down 4.7%

The company’s 50 day simple moving average is $216.25 and its 200-day simple moving average is $231.96. The firm has a market cap of $20.15 billion, a P/E ratio of 19.11 and a beta of 0.97. 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 (NYSE:BR) last issued its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the business posted $1.56 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, research analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, December 12th were issued a $0.975 dividend. The ex-dividend date was Friday, December 12th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.3%. Broadridge Financial Solutions’s dividend payout ratio is presently 43.19%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Marietta Investment Partners LLC raised its stake in shares of Broadridge Financial Solutions by 7.5% during the fourth quarter. Marietta Investment Partners LLC now owns 1,649 shares of the business services provider’s stock valued at $368,000 after acquiring an additional 115 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Broadridge Financial Solutions by 17.0% during the 4th quarter. CIBC Asset Management Inc now owns 77,878 shares of the business services provider’s stock worth $17,380,000 after purchasing an additional 11,339 shares during the period. Goldman Sachs Group Inc. raised its position in Broadridge Financial Solutions by 20.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 940,020 shares of the business services provider’s stock valued at $209,784,000 after purchasing an additional 160,520 shares in the last quarter. Westpac Banking Corp lifted its holdings in shares of Broadridge Financial Solutions by 1.8% in the 4th quarter. Westpac Banking Corp now owns 11,372 shares of the business services provider’s stock worth $2,538,000 after buying an additional 197 shares during the period. Finally, Kesler Norman & Wride LLC lifted its holdings in shares of Broadridge Financial Solutions by 6.5% in the 4th quarter. Kesler Norman & Wride LLC now owns 7,089 shares of the business services provider’s stock worth $1,582,000 after buying an additional 435 shares during the period. Hedge funds and other 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.