Needham & Company LLC Lowers Broadridge Financial Solutions (NYSE:BR) Price Target to $255.00

Broadridge Financial Solutions (NYSE:BR) had its price objective decreased by equities researchers at Needham & Company LLC from $305.00 to $255.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s price objective points to a potential upside of 37.37% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Raymond James Financial restated an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday. Weiss Ratings reissued a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Monday, December 29th. UBS Group lowered their target price on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Morgan Stanley cut their target price on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Finally, DA Davidson decreased their price target on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating for the company in a research note on Friday, January 23rd. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Broadridge Financial Solutions has an average rating of “Moderate Buy” and a consensus price target of $250.83.

Broadridge Financial Solutions Price Performance

Broadridge Financial Solutions stock opened at $185.63 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $21.67 billion, a PE ratio of 23.77 and a beta of 0.97. Broadridge Financial Solutions has a 12 month low of $183.30 and a 12 month high of $271.91. The stock has a 50-day moving average price of $220.63 and a two-hundred day moving average price of $234.20.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25. Broadridge Financial Solutions had a return on equity of 43.28% and a net margin of 13.11%.The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the previous year, the business posted $1.56 earnings per share. The business’s quarterly 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. Analysts expect that Broadridge Financial Solutions will post 8.53 EPS for the current year.

Insider Activity

In related news, VP Thomas P. Carey sold 10,214 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was 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 $1,381,520.76. This trade represents a 62.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Christopher John Perry sold 3,984 shares of Broadridge Financial Solutions stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the completion of the sale, the president owned 44,829 shares of the company’s stock, valued at approximately $10,131,354. The trade was a 8.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. New York State Common Retirement Fund lifted its position in shares of Broadridge Financial Solutions by 14.6% during the 3rd quarter. New York State Common Retirement Fund now owns 94,567 shares of the business services provider’s stock valued at $22,523,000 after buying an additional 12,024 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Broadridge Financial Solutions by 37.1% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,769 shares of the business services provider’s stock valued at $4,708,000 after acquiring an additional 5,346 shares during the period. Y Intercept Hong Kong Ltd lifted its holdings in Broadridge Financial Solutions by 637.5% during the third quarter. Y Intercept Hong Kong Ltd now owns 50,317 shares of the business services provider’s stock valued at $11,984,000 after purchasing an additional 43,494 shares during the last quarter. Addenda Capital Inc. boosted its position in Broadridge Financial Solutions by 28.6% during the third quarter. Addenda Capital Inc. now owns 67,152 shares of the business services provider’s stock worth $16,049,000 after purchasing an additional 14,942 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of Broadridge Financial Solutions by 40.8% in the second quarter. Nordea Investment Management AB now owns 220,314 shares of the business services provider’s stock valued at $52,900,000 after purchasing an additional 63,798 shares during the period. 90.03% of the stock is owned by institutional investors.

Broadridge Financial Solutions News Summary

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Q2 beat: Reported adjusted EPS $1.59 vs. $1.34 expected and revenue $1.71B vs. $1.61B, with recurring revenues up ~9% year‑over‑year — a clear operational beat that supports the revenue growth story. Broadridge Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Raised outlook: Broadridge lifted its FY‑26 adjusted EPS growth target to 9%–12% (EPS range 9.320–9.580), signaling management confidence in recurring revenue drivers like investor communications and tokenization/digital engagement. Broadridge raises adjusted EPS growth outlook to 9%-12% for fiscal 2026
• Positive Sentiment: Market reaction earlier was positive: shares initially climbed after the beat and upgraded FY guidance, indicating the quarter validated the company’s growth initiatives. Broadridge shares climb 2% after Q2 beat and upgraded full-year guidance
• Neutral Sentiment: Investor engagement trends: Company commentary and analyst notes highlight accelerating tokenization, digital engagement and advisor interest in fintech tools — long‑term positives but gradual in impact. Broadridge raises annual profit forecast on investor communications strength
• Neutral Sentiment: Corporate governance update: Two new independent directors added to the board (routine governance change; not a direct earnings driver). Broadridge Appoints Trish Mosconi and Chris Perry to its Board of Directors
• Negative Sentiment: Margin and income mix concerns: Reported operating income edged down and operating margins showed pressure year‑over‑year (adjusted operating margin moved lower versus the prior period), which may worry investors focused on margin recovery and cash conversion. Broadridge Reports Second Quarter Fiscal 2026 Results
• Negative Sentiment: Guidance largely in line: Although guidance was raised to a growth range, the EPS range sits close to consensus (management’s EPS range essentially brackets analyst expectations), which can limit upside surprise and may explain why the stock moved lower after the initial pop. Broadridge earnings & guidance summary

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.