GW&K Investment Management LLC Sells 2,943 Shares of Broadridge Financial Solutions, Inc. $BR

GW&K Investment Management LLC lowered its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 215,556 shares of the business services provider’s stock after selling 2,943 shares during the period. GW&K Investment Management LLC owned 0.18% of Broadridge Financial Solutions worth $51,339,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Broadridge Financial Solutions by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 15,296,040 shares of the business services provider’s stock valued at $3,643,058,000 after buying an additional 264,620 shares during the period. State Street Corp lifted its stake in shares of Broadridge Financial Solutions by 0.6% during the second quarter. State Street Corp now owns 5,642,154 shares of the business services provider’s stock valued at $1,376,006,000 after acquiring an additional 35,061 shares during the period. Geode Capital Management LLC boosted its holdings in Broadridge Financial Solutions by 4.3% in the second quarter. Geode Capital Management LLC now owns 3,292,241 shares of the business services provider’s stock valued at $797,031,000 after acquiring an additional 136,386 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Broadridge Financial Solutions by 8.6% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,901,022 shares of the business services provider’s stock worth $452,766,000 after purchasing an additional 149,756 shares during the period. Finally, Invesco Ltd. increased its position in Broadridge Financial Solutions by 2.5% in the second quarter. Invesco Ltd. now owns 1,466,774 shares of the business services provider’s stock worth $356,470,000 after purchasing an additional 36,355 shares during the period. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Performance

Shares of NYSE:BR opened at $188.93 on Thursday. The firm’s 50 day simple moving average is $200.23 and its 200 day simple moving average is $223.31. Broadridge Financial Solutions, Inc. has a fifty-two week low of $163.71 and a fifty-two week high of $271.91. The company has a market capitalization of $22.06 billion, a price-to-earnings ratio of 20.92 and a beta of 0.98. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.25. The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.56 earnings per share. 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 earnings per share for the current year.

Insider Activity at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the transaction, the director directly owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on BR shares. JPMorgan Chase & Co. cut their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. DA Davidson reiterated a “buy” rating and set a $228.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. Needham & Company LLC cut their price objective on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. UBS Group reduced their price objective on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. Finally, Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $247.71.

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.