23,340 Shares in Broadridge Financial Solutions, Inc. $BR Acquired by Tactive Advisors LLC

Tactive Advisors LLC acquired a new position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 23,340 shares of the business services provider’s stock, valued at approximately $3,792,000. Broadridge Financial Solutions makes up about 1.1% of Tactive Advisors LLC’s investment portfolio, making the stock its 22nd biggest position.

Several other large investors also recently added to or reduced their stakes in BR. Evolve Private Wealth LLC increased its stake in shares of Broadridge Financial Solutions by 31.5% in the 1st quarter. Evolve Private Wealth LLC now owns 3,034 shares of the business services provider’s stock worth $493,000 after acquiring an additional 727 shares during the last quarter. Evexia Wealth LLC raised its holdings in shares of Broadridge Financial Solutions by 47.5% during the 1st quarter. Evexia Wealth LLC now owns 32,725 shares of the business services provider’s stock worth $5,150,000 after acquiring an additional 10,543 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Broadridge Financial Solutions by 100.9% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,650 shares of the business services provider’s stock valued at $6,117,000 after acquiring an additional 18,906 shares during the last quarter. Baron Wealth Management LLC boosted its position in shares of Broadridge Financial Solutions by 100.5% during the 1st quarter. Baron Wealth Management LLC now owns 1,903 shares of the business services provider’s stock valued at $309,000 after acquiring an additional 954 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of Broadridge Financial Solutions by 1.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 34,393 shares of the business services provider’s stock valued at $7,676,000 after purchasing an additional 524 shares during the period. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

Broadridge Financial Solutions Stock Performance

Shares of Broadridge Financial Solutions stock opened at $137.34 on Monday. The firm has a market cap of $15.89 billion, a PE ratio of 14.70 and a beta of 0.88. 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 $135.98 and a 52 week high of $271.91. The business’s fifty day simple moving average is $151.55 and its 200-day simple moving average is $181.41.

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

Broadridge Financial Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 41.76%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BR shares. Weiss Ratings cut shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Royal Bank Of Canada decreased their target price on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. UBS Group dropped their price target on shares of 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 dropped their price target on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Finally, DA Davidson cut their price target 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 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 has an average rating of “Moderate Buy” and an average target price of $221.57.

Insider Buying and Selling at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of Broadridge Financial Solutions stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the sale, the insider directly owned 1 shares in the company, valued at $155. This trade represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

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.