Broadridge Financial Solutions, Inc. (NYSE:BR) Sees Significant Growth in Short Interest

Broadridge Financial Solutions, Inc. (NYSE:BR) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 3,296,703 shares, a growth of 23.1% from the February 12th total of 2,677,578 shares. Approximately 2.9% of the company’s shares are short sold. Based on an average daily volume of 1,323,788 shares, the short-interest ratio is currently 2.5 days. Based on an average daily volume of 1,323,788 shares, the short-interest ratio is currently 2.5 days. Approximately 2.9% of the company’s shares are short sold.

Broadridge Financial Solutions Stock Performance

Shares of Broadridge Financial Solutions stock opened at $178.14 on Wednesday. The company has a 50 day moving average price of $193.00 and a 200 day moving average price of $218.31. The firm has a market capitalization of $20.80 billion, a P/E ratio of 19.73 and a beta of 0.98. Broadridge Financial Solutions has a 52 week low of $163.71 and a 52 week high of $271.91. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 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 business had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the previous year, the firm posted $1.56 earnings per share. The business’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. Sell-side analysts expect that Broadridge Financial Solutions will post 8.53 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th will be paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 43.19%.

Analysts Set New Price Targets

Several brokerages have commented on BR. Weiss Ratings downgraded Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. Needham & Company LLC lowered their target price on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. DA Davidson restated a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Raymond James Financial reaffirmed an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $247.71.

Insider Buying and Selling

In other news, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the completion of the transaction, the director owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy C. Gokey bought 5,300 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were bought at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the transaction, the chief executive officer owned 142,876 shares in the company, valued at approximately $27,787,953.24. The trade was a 3.85% increase in their position. The SEC filing for this purchase provides additional information. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Broadridge Financial Solutions

A number of large investors have recently bought and sold shares of BR. CX Institutional raised its position in Broadridge Financial Solutions by 2.8% during the 3rd quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock worth $389,000 after buying an additional 44 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Broadridge Financial Solutions by 2.2% in the 3rd quarter. Signaturefd LLC now owns 2,090 shares of the business services provider’s stock valued at $498,000 after acquiring an additional 45 shares during the last quarter. Strategic Blueprint LLC boosted its holdings in shares of Broadridge Financial Solutions by 5.6% in the 3rd quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock valued at $210,000 after acquiring an additional 47 shares during the last quarter. PAX Financial Group LLC increased its stake in shares of Broadridge Financial Solutions by 5.6% in the second quarter. PAX Financial Group LLC now owns 926 shares of the business services provider’s stock worth $225,000 after acquiring an additional 49 shares during the period. Finally, Patton Fund Management Inc. raised its holdings in shares of Broadridge Financial Solutions by 5.3% during the fourth quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider’s stock worth $217,000 after purchasing an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 90.03% 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.