Integrated Wealth Concepts LLC Purchases 3,272 Shares of Broadridge Financial Solutions, Inc. $BR

Integrated Wealth Concepts LLC increased its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 7.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 47,061 shares of the business services provider’s stock after acquiring an additional 3,272 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Broadridge Financial Solutions were worth $11,209,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BR. First Horizon Corp purchased a new position in shares of Broadridge Financial Solutions in the third quarter worth about $25,000. Guerra Advisors Inc bought a new position in Broadridge Financial Solutions in the 3rd quarter worth approximately $29,000. ORG Partners LLC grew its stake in Broadridge Financial Solutions by 57.4% in the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after buying an additional 66 shares in the last quarter. Bank of Jackson Hole Trust raised its holdings in Broadridge Financial Solutions by 50.0% during the 3rd quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 61 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in Broadridge Financial Solutions during the 2nd quarter valued at $48,000. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Trading Down 0.0%

NYSE BR opened at $178.25 on Tuesday. The firm has a market cap of $20.81 billion, a PE ratio of 19.74 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 1-year low of $163.71 and a 1-year high of $271.91. The stock has a 50-day moving average of $193.87 and a 200-day moving average of $218.86. 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 (NYSE:BR) last posted its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.25. The business had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.Broadridge Financial Solutions’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, sell-side analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Monday, March 16th will be paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, March 16th. Broadridge Financial Solutions’s payout ratio is presently 43.19%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BR shares. DA Davidson reaffirmed a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. 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. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Finally, Needham & Company LLC decreased their price target on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $247.71.

Insider Buying and Selling at Broadridge Financial Solutions

In other news, CEO Timothy C. Gokey purchased 5,300 shares of the business’s stock in a transaction on Friday, March 6th. The shares were acquired at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the acquisition, the chief executive officer directly owned 142,876 shares in the company, valued at approximately $27,787,953.24. The trade was a 3.85% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the transaction, the director owned 20,815 shares in the company, valued at $4,008,969. The trade was a 1.20% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by 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.