Broadridge Financial Solutions, Inc. (NYSE:BR) Receives $221.57 Consensus Price Target from Brokerages

Broadridge Financial Solutions, Inc. (NYSE:BR) has earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $221.5714.

A number of research analysts have recently commented 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. Needham & Company LLC lowered 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 report on Friday, May 1st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price target on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. UBS Group reduced their price target on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, DA Davidson lowered their price objective on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th.

Broadridge Financial Solutions Price Performance

Shares of NYSE BR opened at $148.84 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94. Broadridge Financial Solutions has a 1-year low of $133.83 and a 1-year high of $271.91. The company has a market capitalization of $17.21 billion, a price-to-earnings ratio of 15.94 and a beta of 0.89. The business has a 50-day moving average of $146.21 and a 200-day moving average of $167.17.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating the consensus estimate of $2.63 by $0.09. The business had revenue of $1.95 billion for 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 revenue was up 7.8% on a year-over-year basis. During the same period last year, the business posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, equities analysts anticipate that Broadridge Financial Solutions will post 9.55 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th were paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio is 41.76%.

Insider Buying and Selling at Broadridge Financial Solutions

In other news, insider Hope M. Jarkowski sold 1,966 shares of the 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 transaction, the insider owned 1 shares of the company’s stock, valued at approximately $155. This trade represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Broadridge Financial Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nordea Investment Management AB raised its stake in shares of Broadridge Financial Solutions by 27.3% in the 4th quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider’s stock worth $65,260,000 after buying an additional 62,273 shares in the last quarter. SG Americas Securities LLC boosted its stake in Broadridge Financial Solutions by 467.2% during the fourth quarter. SG Americas Securities LLC now owns 201,791 shares of the business services provider’s stock valued at $45,034,000 after buying an additional 166,212 shares in the last quarter. Strs Ohio raised its holdings in shares of Broadridge Financial Solutions by 25.8% in the 1st quarter. Strs Ohio now owns 48,787 shares of the business services provider’s stock worth $7,927,000 after purchasing an additional 9,996 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in shares of Broadridge Financial Solutions during the 1st quarter valued at $4,211,000. Finally, UNIVEST FINANCIAL Corp bought a new stake in shares of Broadridge Financial Solutions during the 1st quarter worth $8,227,000. 90.03% of the stock is currently owned by institutional investors and hedge funds.

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.