Broadridge Financial Solutions, Inc. $BR Stake Cut by Confluence Investment Management LLC

Confluence Investment Management LLC lessened its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 556,515 shares of the business services provider’s stock after selling 27,397 shares during the period. Broadridge Financial Solutions accounts for approximately 1.9% of Confluence Investment Management LLC’s investment portfolio, making the stock its 13th biggest holding. Confluence Investment Management LLC’s holdings in Broadridge Financial Solutions were worth $124,197,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. First Horizon Corp bought a new position in shares of Broadridge Financial Solutions in the 3rd quarter worth about $25,000. Guerra Advisors Inc acquired a new position in shares of Broadridge Financial Solutions in the 3rd quarter valued at about $29,000. ORG Partners LLC grew its position in shares of Broadridge Financial Solutions by 57.4% during the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after buying an additional 66 shares during the last quarter. Bank of Jackson Hole Trust raised its stake in Broadridge Financial Solutions by 50.0% during the third quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock worth $44,000 after acquiring an additional 61 shares during the period. Finally, Fulcrum Asset Management LLP acquired a new stake in Broadridge Financial Solutions during the third quarter worth about $47,000. Institutional investors own 90.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on BR shares. Needham & Company LLC decreased their target price on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. DA Davidson reissued a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Finally, Raymond James Financial restated an “outperform” rating and set a $257.00 price objective on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Insiders Place Their Bets

In related news, CEO Timothy C. Gokey acquired 5,300 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the purchase, the chief executive officer directly owned 142,876 shares in the company, valued at $27,787,953.24. This trade represents a 3.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the sale, the director directly owned 20,815 shares of the company’s stock, valued at $4,008,969. The trade was a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Price Performance

NYSE BR opened at $174.46 on Friday. The company has a 50-day moving average price of $191.14 and a two-hundred day moving average price of $217.70. Broadridge Financial Solutions, Inc. has a 52 week low of $163.71 and a 52 week high of $271.91. The stock has a market cap of $20.37 billion, a price-to-earnings ratio of 19.32 and a beta of 0.98. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.25. The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th will be given a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, March 16th. Broadridge Financial Solutions’s payout ratio is 43.19%.

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.