Bleakley Financial Group LLC Takes Position in Broadridge Financial Solutions, Inc. $BR

Bleakley Financial Group LLC bought a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) during the fourth quarter, Holdings Channel reports. The institutional investor bought 15,589 shares of the business services provider’s stock, valued at approximately $3,479,000.

Other institutional investors have also modified their holdings of the company. Guerra Advisors Inc acquired a new position in shares of Broadridge Financial Solutions in the 3rd quarter valued at $29,000. WPG Advisers LLC increased its stake in Broadridge Financial Solutions by 77.5% in the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after buying an additional 62 shares during the period. Lodestone Wealth Management LLC acquired a new position in Broadridge Financial Solutions in the 4th quarter valued at $39,000. Bank of Jackson Hole Trust increased its stake in Broadridge Financial Solutions by 50.0% in the 3rd quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock valued at $44,000 after buying an additional 61 shares during the period. Finally, Fulcrum Asset Management LLP acquired a new position in Broadridge Financial Solutions in the 3rd quarter valued at $47,000. 90.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey acquired 5,300 shares of the firm’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 transaction, the chief executive officer directly owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This represents a 3.85% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by corporate insiders.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $147.07 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions, Inc. has a fifty-two week low of $139.79 and a fifty-two week high of $271.91. The stock has a market cap of $17.01 billion, a PE ratio of 15.75 and a beta of 0.89. The firm’s fifty day simple moving average is $157.47 and its 200-day simple moving average is $190.76.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the firm earned $2.44 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be given a $0.975 dividend. The ex-dividend date is Friday, June 12th. This represents a $3.90 annualized dividend and a dividend yield of 2.7%. Broadridge Financial Solutions’s payout ratio is currently 41.76%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. UBS Group dropped their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Royal Bank Of Canada dropped their price objective on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. JPMorgan Chase & Co. dropped 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 research note on Wednesday, February 4th. Finally, Raymond James Financial reissued an “outperform” rating and issued 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $221.57.

Broadridge Financial Solutions 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.