Pacer Advisors Inc. Buys 5,529 Shares of Broadridge Financial Solutions, Inc. $BR

Pacer Advisors Inc. increased its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 58.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,031 shares of the business services provider’s stock after purchasing an additional 5,529 shares during the quarter. Pacer Advisors Inc.’s holdings in Broadridge Financial Solutions were worth $3,354,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in BR. Brighton Jones LLC purchased a new position in shares of Broadridge Financial Solutions in the 4th quarter worth $580,000. Empowered Funds LLC increased its position in 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 acquiring an additional 1,160 shares during the last quarter. Woodline Partners LP increased its position in Broadridge Financial Solutions by 6.9% during the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock valued at $2,397,000 after acquiring an additional 635 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Broadridge Financial Solutions by 480.8% in the first 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 period. Finally, Cerity Partners LLC lifted its holdings in Broadridge Financial Solutions by 8.5% in the second quarter. Cerity Partners LLC now owns 25,523 shares of the business services provider’s stock valued at $6,203,000 after acquiring an additional 2,004 shares during the period. Institutional investors own 90.03% of the company’s stock.

Insider Activity

In other news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total transaction of $304,730.00. Following the sale, the insider directly owned 1 shares in the company, valued at $155. This trade represents a 99.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BR shares. UBS Group cut their price target on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Needham & Company LLC lowered their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Royal Bank Of Canada restated an “outperform” rating and set a $200.00 target price on shares of Broadridge Financial Solutions in a research report on Monday. Finally, DA Davidson reduced their target price on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $221.57.

Broadridge Financial Solutions Stock Up 0.2%

NYSE BR opened at $136.54 on Wednesday. The stock’s 50-day moving average price is $150.89 and its 200-day moving average price is $180.11. 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 52 week low of $133.83 and a 52 week high of $271.91. The company has a market capitalization of $15.79 billion, a P/E ratio of 14.62 and a beta of 0.88.

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

Broadridge Financial Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th will be paid a $0.975 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.9%. Broadridge Financial Solutions’s dividend payout ratio is 41.76%.

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.