Bahl & Gaynor Inc. Has $282.30 Million Holdings in Broadridge Financial Solutions, Inc. $BR

Bahl & Gaynor Inc. decreased its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 0.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,185,303 shares of the business services provider’s stock after selling 5,474 shares during the period. Broadridge Financial Solutions comprises approximately 1.4% of Bahl & Gaynor Inc.’s portfolio, making the stock its 20th largest holding. Bahl & Gaynor Inc.’s holdings in Broadridge Financial Solutions were worth $282,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Broadridge Financial Solutions by 1.8% in the third quarter. Vanguard Group Inc. now owns 15,296,040 shares of the business services provider’s stock valued at $3,643,058,000 after purchasing an additional 264,620 shares during the last quarter. State Street Corp increased its stake in shares of Broadridge Financial Solutions by 0.6% in the second quarter. State Street Corp now owns 5,642,154 shares of the business services provider’s stock valued at $1,376,006,000 after buying an additional 35,061 shares during the period. Geode Capital Management LLC raised its holdings in Broadridge Financial Solutions by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 3,292,241 shares of the business services provider’s stock valued at $797,031,000 after buying an additional 136,386 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Broadridge Financial Solutions by 8.6% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock worth $452,766,000 after buying an additional 149,756 shares during the period. Finally, Invesco Ltd. boosted its position in Broadridge Financial Solutions by 2.5% during the 2nd quarter. Invesco Ltd. now owns 1,466,774 shares of the business services provider’s stock worth $356,470,000 after buying an additional 36,355 shares during the period. Institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Performance

Shares of Broadridge Financial Solutions stock opened at $185.43 on Monday. The business has a 50-day moving average price of $202.63 and a two-hundred day moving average price of $224.58. Broadridge Financial Solutions, Inc. has a 1-year low of $163.71 and a 1-year high of $271.91. 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 company has a market cap of $21.65 billion, a P/E ratio of 20.53 and a beta of 0.98.

Broadridge Financial Solutions (NYSE:BR) last announced 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. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the company earned $1.56 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BR shares. Raymond James Financial reaffirmed an “outperform” rating and set a $257.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. lowered their target price on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report 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 report on Thursday, November 13th. Weiss Ratings cut Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Finally, Morgan Stanley lowered their price objective on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Broadridge Financial Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Insider Activity at Broadridge Financial Solutions

In other news, Director Robert N. Duelks sold 253 shares of the firm’s 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 sale, 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Thomas P. Carey sold 10,214 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total transaction of $2,341,661.64. Following the transaction, the vice president owned 6,026 shares in the company, valued at $1,381,520.76. The trade was a 62.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% 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.