Crossmark Global Holdings Inc. Sells 11,675 Shares of Broadridge Financial Solutions, Inc. $BR

Crossmark Global Holdings Inc. reduced its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 17.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,036 shares of the business services provider’s stock after selling 11,675 shares during the period. Crossmark Global Holdings Inc.’s holdings in Broadridge Financial Solutions were worth $13,346,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in Broadridge Financial Solutions in the 4th quarter worth $580,000. Empowered Funds LLC grew its stake in shares of Broadridge Financial Solutions by 41.5% during the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock valued at $959,000 after buying an additional 1,160 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Broadridge Financial Solutions by 6.9% in the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock worth $2,397,000 after buying an additional 635 shares during the period. Acadian Asset Management LLC lifted its stake in shares of Broadridge Financial Solutions by 480.8% in the 1st quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock valued at $616,000 after acquiring an additional 2,106 shares during the last quarter. Finally, Huntington National Bank lifted its stake in shares of Broadridge Financial Solutions by 6.8% in the 2nd quarter. Huntington National Bank now owns 2,169 shares of the business services provider’s stock valued at $527,000 after acquiring an additional 138 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $191.18 on Friday. 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 fifty day simple moving average is $199.48 and its 200 day simple moving average is $223.09. The stock has a market cap of $22.32 billion, a P/E ratio of 21.17 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a twelve month low of $163.71 and a twelve month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, topping the consensus estimate of $1.34 by $0.25. The business had revenue of $1.71 billion during 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 company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.56 EPS. 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 EPS for the current year.

Insider Buying and Selling

In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the sale, 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. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BR shares. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Raymond James Financial restated an “outperform” rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Needham & Company LLC decreased their target price on shares of 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. DA Davidson reissued a “buy” rating and set a $228.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. Finally, Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Four 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $247.71.

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.