Broadridge Financial Solutions, Inc. $BR Shares Acquired by Entropy Technologies LP

Entropy Technologies LP increased its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 270.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 47,146 shares of the business services provider’s stock after acquiring an additional 34,418 shares during the period. Entropy Technologies LP’s holdings in Broadridge Financial Solutions were worth $7,660,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BR. Reflection Asset Management purchased a new stake in Broadridge Financial Solutions in the 4th quarter worth $25,000. Nemes Rush Group LLC purchased a new position in Broadridge Financial Solutions during the fourth quarter valued at $27,000. Prosperity Bancshares Inc purchased a new position in Broadridge Financial Solutions during the fourth quarter valued at $28,000. WPG Advisers LLC grew its position in shares of 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 shares of Broadridge Financial Solutions during the first quarter worth about $36,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Insider Activity at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total value of $304,730.00. Following the transaction, the insider directly owned 1 shares in the company, valued at approximately $155. This represents a 99.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Stock Up 3.1%

NYSE BR opened at $148.84 on Friday. The business’s fifty day simple moving average is $146.21 and its 200-day simple moving average is $167.17. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. The firm has a market cap of $17.21 billion, a PE ratio of 15.94 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 52 week low of $133.83 and a 52 week high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data 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. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the prior year, the firm posted $2.44 earnings per share. Broadridge Financial Solutions’s quarterly revenue 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. As a group, equities analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th were issued a dividend of $0.975 per share. The ex-dividend date was Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.6%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 41.76%.

Analysts Set New Price Targets

BR has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. UBS Group lowered their price objective on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 price objective on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. Needham & Company LLC reduced their target price on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, DA Davidson decreased their target price on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to 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.