Barclays PLC Boosts Stock Holdings in Broadridge Financial Solutions, Inc. $BR

Barclays PLC boosted its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BRFree Report) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,007,968 shares of the business services provider’s stock after acquiring an additional 35,169 shares during the period. Barclays PLC’s holdings in Broadridge Financial Solutions were worth $448,118,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BR. Brighton Jones LLC purchased a new position in Broadridge Financial Solutions during the fourth quarter valued at $580,000. Empowered Funds LLC grew its stake in Broadridge Financial Solutions by 41.5% during the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock valued at $959,000 after acquiring an additional 1,160 shares in the last quarter. Woodline Partners LP grew its stake in Broadridge Financial Solutions by 6.9% during the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock valued at $2,397,000 after acquiring an additional 635 shares in the last quarter. Acadian Asset Management LLC grew its stake in Broadridge Financial Solutions by 480.8% during the first quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock valued at $616,000 after acquiring an additional 2,106 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in Broadridge Financial Solutions by 8.5% during the second quarter. Cerity Partners LLC now owns 25,523 shares of the business services provider’s stock valued at $6,203,000 after acquiring an additional 2,004 shares in the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BR shares. Royal Bank Of Canada cut their target price on shares of 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. DA Davidson dropped their price objective on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Needham & Company LLC dropped their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Weiss Ratings cut shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, UBS Group dropped their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $221.57.

Read Our Latest Research Report on Broadridge Financial Solutions

Insider Buying and Selling

In related news, insider Hope M. Jarkowski sold 1,966 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the sale, the insider directly owned 1 shares of the company’s stock, valued at $155. This represents a 99.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $144.81 on Friday. The firm has a market capitalization of $16.75 billion, a PE ratio of 15.50 and a beta of 0.88. The stock’s fifty day moving average is $153.62 and its 200 day moving average is $184.79. Broadridge Financial Solutions, Inc. has a fifty-two week low of $139.79 and a fifty-two week high of $271.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94.

Broadridge Financial Solutions (NYSE:BRGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the firm earned $2.44 earnings per share. Broadridge Financial Solutions’s quarterly revenue was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, sell-side analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be issued a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Broadridge Financial Solutions Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Broadridge Financial Solutions (NYSE:BR)

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