Analysts Set Broadridge Financial Solutions, Inc. (NYSE:BR) Price Target at $247.71

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $247.7143.

BR has been the subject of several research reports. Needham & Company LLC dropped their target price on Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. JPMorgan Chase & Co. reduced their price target on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Raymond James Financial reiterated an “outperform” rating and issued a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Finally, UBS Group reduced their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th.

Broadridge Financial Solutions Price Performance

Shares of NYSE:BR opened at $183.14 on Friday. Broadridge Financial Solutions has a one year low of $163.71 and a one year high of $271.91. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market cap of $21.38 billion, a price-to-earnings ratio of 20.28 and a beta of 0.97. The firm has a 50 day simple moving average of $203.44 and a 200 day simple moving average of $225.64.

Broadridge Financial Solutions (NYSE:BR) last announced 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. 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 during the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the business earned $1.56 earnings per share. The company’s revenue for the quarter 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. Research analysts predict that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.

Insider Buying and Selling at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, VP Thomas P. Carey sold 10,214 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total transaction of $2,341,661.64. Following the completion of the sale, the vice president owned 6,026 shares of the company’s stock, valued at approximately $1,381,520.76. This represents a 62.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert N. Duelks sold 253 shares of the business’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 transaction, the director owned 20,815 shares in the company, valued at $4,008,969. This trade represents a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Institutional Trading of Broadridge Financial Solutions

A number of large investors have recently bought and sold shares of the business. CX Institutional lifted its stake in shares of Broadridge Financial Solutions by 2.8% in the 3rd quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock valued at $389,000 after purchasing an additional 44 shares during the period. Harbour Investments Inc. increased its holdings in Broadridge Financial Solutions by 10.1% in the second quarter. Harbour Investments Inc. now owns 489 shares of the business services provider’s stock worth $119,000 after purchasing an additional 45 shares in the last quarter. Signaturefd LLC increased its holdings in Broadridge Financial Solutions by 2.2% in the third quarter. Signaturefd LLC now owns 2,090 shares of the business services provider’s stock worth $498,000 after purchasing an additional 45 shares in the last quarter. Strategic Blueprint LLC lifted its stake in Broadridge Financial Solutions by 5.6% in the third quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock valued at $210,000 after buying an additional 47 shares during the period. Finally, PAX Financial Group LLC boosted its holdings in shares of Broadridge Financial Solutions by 5.6% during the 2nd quarter. PAX Financial Group LLC now owns 926 shares of the business services provider’s stock worth $225,000 after buying an additional 49 shares in the last quarter. 90.03% of the stock is currently owned by institutional investors and hedge funds.

About Broadridge Financial Solutions

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.