Broadridge Financial Solutions (NYSE:BR – Free Report) had its price objective reduced by Royal Bank Of Canada from $245.00 to $200.00 in a report published on Friday,Benzinga reports. They currently have an outperform rating on the business services provider’s stock.
BR has been the subject of several other research reports. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. DA Davidson restated a “buy” rating and set a $228.00 target price on shares of Broadridge Financial Solutions in a report on Wednesday, April 22nd. Raymond James Financial reaffirmed an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Wall Street Zen downgraded Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, JPMorgan Chase & Co. cut their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $235.71.
Read Our Latest Analysis on BR
Broadridge Financial Solutions Stock Up 0.8%
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last posted its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.09. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, sell-side analysts predict that Broadridge Financial Solutions will post 9.46 earnings per share for the current year.
Broadridge Financial Solutions Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Monday, March 16th were issued a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 43.19%.
Insiders Place Their Bets
In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the transaction, the director owned 20,815 shares of the company’s stock, valued at $4,008,969. The trade was a 1.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy C. Gokey purchased 5,300 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were purchased at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the completion of the acquisition, the chief executive officer directly owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This trade represents a 3.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.10% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in BR. First Horizon Corp acquired a new stake in shares of Broadridge Financial Solutions in the third quarter worth $25,000. Reflection Asset Management acquired a new position in Broadridge Financial Solutions during the 4th quarter valued at $25,000. Nemes Rush Group LLC acquired a new position in Broadridge Financial Solutions during the 4th quarter valued at $27,000. Prosperity Bancshares Inc bought a new stake in Broadridge Financial Solutions in the 4th quarter valued at $28,000. Finally, Guerra Advisors Inc acquired a new stake in Broadridge Financial Solutions in the 3rd quarter worth $29,000. 90.03% of the stock is owned by institutional investors.
Broadridge Financial Solutions News Roundup
Here are the key news stories impacting Broadridge Financial Solutions this week:
- Positive Sentiment: Q3 results beat Street estimates and management raised FY‑26 targets — Broadridge reported $2.72 adjusted EPS vs. $2.63 consensus and $1.95B revenue vs. $1.90B est; recurring revenue grew ~7% and management raised guidance for recurring revenue and adjusted EPS growth (targets now call for ~10–12% adjusted EPS growth). This print supports the stock’s move higher. Broadridge Reports Third Quarter Fiscal 2026 Results
- Positive Sentiment: Strategic acquisition completed — Broadridge closed its acquisition of CQG, adding futures & options execution management, algo trading and analytics to its connectivity and order management stack. The deal expands addressable market in trading services and can boost cross‑sell and fee‑based revenue. Broadridge Completes Acquisition of CQG
- Neutral Sentiment: Needham lowers price target (still a Buy) — Needham cut its PT from $255 to $230 but maintained a Buy rating, implying substantial upside from current levels; the change signals tempered near‑term upside expectations while keeping a constructive view. Needham Price Target Cut
- Neutral Sentiment: RBC trims target but keeps Outperform — Royal Bank of Canada lowered its PT to $200 from $245 while retaining an Outperform rating, showing analysts still favor the business despite lower target levels. RBC Price Target Change
- Negative Sentiment: Sales cadence and margin dynamics show friction — management disclosed closed sales decline ( ~$58M vs. $71M prior, down ~19%) and slight operating margin pressure vs. the prior year, which could limit upside if the weaker sales trend persists. This is a cautionary data point beneath the positive headline numbers. Q3 Results — Detail
About Broadridge Financial Solutions
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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