Boston Trust Walden Corp lifted its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report) by 29.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,029 shares of the business services provider’s stock after acquiring an additional 9,170 shares during the period. Boston Trust Walden Corp’s holdings in Broadridge Financial Solutions were worth $6,504,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in BR. Reflection Asset Management bought a new stake in shares of Broadridge Financial Solutions in the 4th quarter valued at approximately $25,000. Nemes Rush Group LLC bought a new position in shares of Broadridge Financial Solutions during the 4th quarter valued at approximately $27,000. Prosperity Bancshares Inc bought a new position in shares of Broadridge Financial Solutions during the 4th quarter valued at approximately $28,000. WPG Advisers LLC raised its holdings in Broadridge Financial Solutions by 77.5% during 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. Finally, DV Equities LLC purchased a new stake in Broadridge Financial Solutions during the 4th quarter valued at $37,000. 90.03% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, insider Hope M. Jarkowski sold 1,966 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the sale, the insider directly owned 1 shares of the company’s stock, valued at $155. This represents a 99.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Broadridge Financial Solutions
Broadridge Financial Solutions Price Performance
BR opened at $143.88 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. The business has a fifty day moving average of $147.53 and a 200 day moving average of $175.44. Broadridge Financial Solutions, Inc. has a 52-week low of $133.83 and a 52-week high of $271.91. The stock has a market cap of $16.64 billion, a P/E ratio of 15.40 and a beta of 0.89.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last issued its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share 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 business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the company posted $2.44 EPS. Broadridge Financial Solutions’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. As a group, sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 EPS for the current year.
Broadridge Financial Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were issued a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, June 12th. Broadridge Financial Solutions’s payout ratio is presently 41.76%.
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.
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