Broadridge Financial Solutions, Inc. $BR Position Raised by Roundview Capital LLC

Roundview Capital LLC grew its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 11,667 shares of the business services provider’s stock after purchasing an additional 119 shares during the quarter. Roundview Capital LLC’s holdings in Broadridge Financial Solutions were worth $2,835,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of BR. D.A. Davidson & CO. acquired a new position in Broadridge Financial Solutions during the 1st quarter valued at about $217,000. CWA Asset Management Group LLC increased its stake in shares of Broadridge Financial Solutions by 6.8% in the first quarter. CWA Asset Management Group LLC now owns 1,370 shares of the business services provider’s stock valued at $332,000 after purchasing an additional 87 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of Broadridge Financial Solutions during the first quarter valued at approximately $29,000. Sequoia Financial Advisors LLC boosted its position in shares of Broadridge Financial Solutions by 9.6% during the first quarter. Sequoia Financial Advisors LLC now owns 1,153 shares of the business services provider’s stock worth $279,000 after buying an additional 101 shares during the period. Finally, Triangle Securities Wealth Management acquired a new position in shares of Broadridge Financial Solutions during the second quarter worth approximately $784,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on BR shares. Morgan Stanley raised their target price on Broadridge Financial Solutions from $222.00 to $261.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. UBS Group raised their price target on Broadridge Financial Solutions from $250.00 to $280.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Needham & Company LLC lifted their price objective on shares of Broadridge Financial Solutions from $300.00 to $305.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Saturday, September 27th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $261.50.

Insiders Place Their Bets

In other Broadridge Financial Solutions news, President Christopher John Perry sold 7,036 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $262.72, for a total transaction of $1,848,497.92. Following the completion of the sale, the president directly owned 48,813 shares of the company’s stock, valued at approximately $12,824,151.36. This represents a 12.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Timothy C. Gokey sold 84,571 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $259.53, for a total transaction of $21,948,711.63. Following the completion of the transaction, the chief executive officer directly owned 165,634 shares of the company’s stock, valued at $42,986,992.02. This represents a 33.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 147,532 shares of company stock valued at $38,417,208 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $235.28 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.04. The business’s 50-day moving average price is $250.98 and its 200 day moving average price is $242.66. Broadridge Financial Solutions, Inc. has a 52-week low of $208.20 and a 52-week high of $271.91. The firm has a market cap of $27.56 billion, a P/E ratio of 33.18 and a beta of 0.95.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results on Tuesday, August 5th. The business services provider reported $3.55 earnings per share for the quarter, beating analysts’ consensus estimates of $3.51 by $0.04. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Broadridge Financial Solutions had a net margin of 12.19% and a return on equity of 42.72%. Broadridge Financial Solutions’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $3.50 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. As a group, sell-side analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.975 dividend. This is a positive change from Broadridge Financial Solutions’s previous quarterly dividend of $0.88. The ex-dividend date was Thursday, September 11th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 1.7%. Broadridge Financial Solutions’s dividend payout ratio is 55.01%.

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.