Broadridge Financial Solutions (NYSE:BR) Shares Down 3.8% After Insider Selling

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) were down 3.8% on Friday after an insider sold shares in the company. The stock traded as low as $186.05 and last traded at $186.1150. 386,793 shares changed hands during trading, a decline of 61% from the average daily volume of 986,241 shares. The stock had previously closed at $193.54.

Specifically, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BR shares. JPMorgan Chase & Co. cut their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a report on Wednesday. Needham & Company LLC cut their price objective on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday. Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. DA Davidson upgraded Broadridge Financial Solutions from a “neutral” rating to a “buy” rating and set a $228.00 price target on the stock in a research report on Wednesday. Finally, UBS Group reduced their target price on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research note on Thursday, November 13th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $247.71.

Broadridge Financial Solutions Trading Down 6.0%

The business has a fifty day moving average price of $219.19 and a two-hundred day moving average price of $233.61. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $21.24 billion, a PE ratio of 20.15 and a beta of 0.97.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25. The company 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%. Broadridge Financial Solutions’s revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.56 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were issued a $0.975 dividend. The ex-dividend date was Friday, December 12th. This represents a $3.90 dividend on an annualized basis and a yield of 2.1%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 43.19%.

Institutional Investors Weigh In On Broadridge Financial Solutions

Several large investors have recently bought and sold shares of the stock. Global Retirement Partners LLC grew its position in shares of Broadridge Financial Solutions by 32.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,725 shares of the business services provider’s stock worth $385,000 after buying an additional 419 shares in the last quarter. Griffin Asset Management Inc. lifted its stake in Broadridge Financial Solutions by 6.4% in the fourth quarter. Griffin Asset Management Inc. now owns 21,347 shares of the business services provider’s stock worth $4,764,000 after acquiring an additional 1,281 shares during the last quarter. CWS Financial Advisors LLC grew its holdings in Broadridge Financial Solutions by 11.6% during the 4th quarter. CWS Financial Advisors LLC now owns 3,053 shares of the business services provider’s stock worth $681,000 after acquiring an additional 318 shares in the last quarter. Leonteq Securities AG purchased a new stake in shares of Broadridge Financial Solutions in the 4th quarter valued at approximately $462,000. Finally, ABN Amro Investment Solutions raised its holdings in shares of Broadridge Financial Solutions by 483.1% in the 4th quarter. ABN Amro Investment Solutions now owns 6,193 shares of the business services provider’s stock valued at $1,382,000 after purchasing an additional 5,131 shares in the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

About Broadridge Financial Solutions

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.