Broadridge Financial Solutions (NYSE:BR) Earns Buy Rating from DA Davidson

Broadridge Financial Solutions (NYSE:BR)‘s stock had its “buy” rating reiterated by investment analysts at DA Davidson in a research note issued on Tuesday,Benzinga reports. They presently have a $228.00 price target on the business services provider’s stock. DA Davidson’s price objective indicates a potential upside of 35.86% from the stock’s previous close.

BR has been the subject of a number of other reports. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. cut 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 report on Wednesday, February 4th. UBS Group lowered their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a report on Thursday, November 13th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $247.71.

Broadridge Financial Solutions Stock Down 2.7%

Shares of NYSE BR opened at $167.82 on Tuesday. Broadridge Financial Solutions has a 12-month low of $165.96 and a 12-month high of $271.91. The company has a market cap of $19.59 billion, a price-to-earnings ratio of 18.58 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. The firm’s 50-day simple moving average is $215.00 and its 200 day simple moving average is $231.51.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly 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. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The business had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the prior year, the firm earned $1.56 earnings per share. Broadridge Financial Solutions’s revenue was up 7.9% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. On average, research analysts expect that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Broadridge Financial Solutions news, 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Thomas P. Carey sold 10,214 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total value of $2,341,661.64. Following the sale, the vice president directly owned 6,026 shares in the company, valued at approximately $1,381,520.76. This represents a 62.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 14,451 shares of company stock valued at $3,290,773. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Broadridge Financial Solutions

Large investors have recently made changes to their positions in the stock. Alliancebernstein L.P. lifted its position in Broadridge Financial Solutions by 692.3% in 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 bought a new stake in shares of Broadridge Financial Solutions in the fourth quarter valued at about $346,304,000. Van ECK Associates Corp boosted its position in shares of Broadridge Financial Solutions by 3,228.4% during the third quarter. Van ECK Associates Corp now owns 700,536 shares of the business services provider’s stock worth $166,846,000 after buying an additional 679,489 shares during the period. Pinebridge Investments LLC bought a new position in shares of Broadridge Financial Solutions during the fourth quarter worth about $126,553,000. Finally, JPMorgan Chase & Co. raised its position in Broadridge Financial Solutions by 52.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,403,997 shares of the business services provider’s stock valued at $313,330,000 after buying 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.