Generali Asset Management SPA SGR Grows Position in Broadridge Financial Solutions, Inc. $BR

Generali Asset Management SPA SGR raised its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 25.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,835 shares of the business services provider’s stock after acquiring an additional 3,467 shares during the period. Generali Asset Management SPA SGR’s holdings in Broadridge Financial Solutions were worth $3,757,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of BR. First Horizon Corp bought a new stake in Broadridge Financial Solutions in the 3rd quarter worth about $25,000. Guerra Advisors Inc purchased a new stake in Broadridge Financial Solutions in the 3rd quarter valued at about $29,000. WPG Advisers LLC lifted its position in shares of Broadridge Financial Solutions by 77.5% during the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after buying an additional 62 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Broadridge Financial Solutions during the 4th quarter worth approximately $39,000. Finally, ORG Partners LLC boosted its stake in shares of Broadridge Financial Solutions by 57.4% in the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock worth $44,000 after buying an additional 66 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Broadridge Financial Solutions Trading Down 2.2%

Shares of BR stock opened at $149.54 on Friday. The company has a 50 day moving average of $167.76 and a 200-day moving average of $198.42. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions, Inc. has a 12-month low of $148.36 and a 12-month high of $271.91. The firm has a market cap of $17.30 billion, a P/E ratio of 16.01 and a beta of 0.89.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the prior year, the business earned $2.44 earnings per share. Broadridge Financial Solutions’s revenue for the quarter was up 7.8% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.51 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th were given a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio is currently 41.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. UBS Group cut their price objective on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Royal Bank Of Canada reduced their price objective on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. JPMorgan Chase & Co. decreased their target price on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $221.57.

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 dated Friday, March 6th. The stock was bought at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the purchase, the chief executive officer owned 142,876 shares of the company’s stock, valued at $27,787,953.24. The trade was a 3.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Company 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.