Broadridge Financial Solutions (NYSE:BR) Insider Hope Jarkowski Sells 1,966 Shares

Broadridge Financial Solutions, Inc. (NYSE:BR) insider Hope Jarkowski sold 1,966 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the transaction, the insider directly owned 1 shares in the company, valued at $155. The trade was a 99.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Broadridge Financial Solutions Trading Down 1.7%

Shares of Broadridge Financial Solutions stock opened at $151.49 on Friday. Broadridge Financial Solutions, Inc. has a 1 year low of $139.79 and a 1 year 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. The company has a market capitalization of $17.52 billion, a P/E ratio of 16.22 and a beta of 0.88. The company’s fifty day moving average is $154.98 and its two-hundred day moving average is $187.56.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 earnings per share (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 for the quarter, compared to the consensus estimate of $1.90 billion. During the same period last year, the firm posted $2.44 EPS. 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. Analysts forecast that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be given a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, June 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 41.76%.

Institutional Trading of Broadridge Financial Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Reflection Asset Management acquired a new position in Broadridge Financial Solutions during the fourth quarter worth about $25,000. Nemes Rush Group LLC purchased a new stake in Broadridge Financial Solutions in the fourth quarter valued at approximately $27,000. Prosperity Bancshares Inc purchased a new stake in Broadridge Financial Solutions in the fourth quarter valued at approximately $28,000. WPG Advisers LLC grew its holdings in Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 62 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new stake in Broadridge Financial Solutions in the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BR. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. DA Davidson lowered their target price on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. UBS Group lowered their target price on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Royal Bank Of Canada lowered their target price on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $221.57.

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.