Vanguard Group Inc. Has $3.64 Billion Stock Position in Broadridge Financial Solutions, Inc. $BR

Vanguard Group Inc. increased its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,296,040 shares of the business services provider’s stock after purchasing an additional 264,620 shares during the quarter. Vanguard Group Inc. owned approximately 13.10% of Broadridge Financial Solutions worth $3,643,058,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BR. First Horizon Corp acquired a new position in Broadridge Financial Solutions in the third quarter valued at about $25,000. NewSquare Capital LLC boosted its holdings in shares of Broadridge Financial Solutions by 89.5% in the 2nd quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock worth $26,000 after acquiring an additional 51 shares in the last quarter. Guerra Advisors Inc bought a new stake in Broadridge Financial Solutions during the 3rd quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd increased its holdings in Broadridge Financial Solutions by 85.1% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 57 shares in the last quarter. Finally, Bank of Jackson Hole Trust increased its holdings in Broadridge Financial Solutions by 110.3% during the 2nd quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 64 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Insider Buying and Selling at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, VP Thomas P. Carey sold 10,214 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total value of $2,341,661.64. Following the transaction, the vice president owned 6,026 shares of the company’s stock, valued at approximately $1,381,520.76. This represents a 62.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the transaction, the director owned 20,815 shares of the company’s stock, valued at $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

BR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price objective on 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. Morgan Stanley reduced their price target on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. Raymond James Financial reissued an “outperform” rating and set a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. DA Davidson reaffirmed a “buy” rating and issued a $228.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, February 10th. Finally, Needham & Company LLC decreased their price target on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $247.71.

Broadridge Financial Solutions Stock Performance

Broadridge Financial Solutions stock opened at $178.11 on Thursday. 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, Inc. has a 1 year low of $163.71 and a 1 year high of $271.91. The company has a market cap of $20.79 billion, a PE ratio of 19.72 and a beta of 0.97. The company’s 50-day moving average is $209.56 and its two-hundred day moving average is $228.93.

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

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.