Wealth Enhancement Advisory Services LLC Increases Stock Position in Broadridge Financial Solutions, Inc. $BR

Wealth Enhancement Advisory Services LLC grew its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 15.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,837 shares of the business services provider’s stock after purchasing an additional 5,055 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Broadridge Financial Solutions were worth $8,167,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. First Horizon Corp purchased a new position in Broadridge Financial Solutions during the 3rd quarter valued at approximately $25,000. Guerra Advisors Inc bought a new stake in Broadridge Financial Solutions in the 3rd quarter worth approximately $29,000. ORG Partners LLC raised its holdings in shares of Broadridge Financial Solutions by 57.4% during the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock worth $44,000 after acquiring an additional 66 shares in the last quarter. Bank of Jackson Hole Trust boosted its position in shares of 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 last quarter. Finally, Fulcrum Asset Management LLP bought a new position in shares of Broadridge Financial Solutions during the 3rd quarter valued at approximately $47,000. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

Broadridge Financial Solutions Price Performance

Broadridge Financial Solutions stock opened at $157.49 on Friday. Broadridge Financial Solutions, Inc. has a 12-month low of $156.94 and a 12-month high of $271.91. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. The firm has a 50-day moving average price of $184.41 and a 200-day moving average price of $214.07. The firm has a market capitalization of $18.39 billion, a PE ratio of 17.44 and a beta of 0.98.

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, beating 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 for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the firm posted $1.56 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, equities research analysts forecast that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.975 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.5%. Broadridge Financial Solutions’s dividend payout ratio is currently 43.19%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. DA Davidson restated a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Raymond James Financial restated an “outperform” rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Needham & Company LLC lowered their price target 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, February 4th. Finally, Weiss Ratings cut Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Insider Activity at Broadridge Financial Solutions

In related news, Director Robert N. Duelks sold 253 shares of the firm’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 transaction of $48,727.80. Following the completion of the sale, the director directly owned 20,815 shares of the company’s stock, valued at approximately $4,008,969. This trade represents a 1.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy C. Gokey acquired 5,300 shares of the company’s stock in a transaction that occurred 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 owned 142,876 shares in the company, valued at $27,787,953.24. This trade represents a 3.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

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.