Broadridge Financial Solutions (NYSE:BR) Issues Quarterly Earnings Results

Broadridge Financial Solutions (NYSE:BR) announced its quarterly earnings results on Tuesday. The business services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.19 by $0.32, Zacks reports. Broadridge Financial Solutions had a return on equity of 42.72% and a net margin of 12.19%. Broadridge Financial Solutions updated its FY 2026 guidance to 9.230-9.580 EPS.

Broadridge Financial Solutions Stock Performance

BR traded up $1.11 during trading on Tuesday, reaching $222.29. 216,398 shares of the company’s stock were exchanged, compared to its average volume of 598,991. Broadridge Financial Solutions has a fifty-two week low of $208.20 and a fifty-two week high of $271.91. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.04. The business has a 50 day moving average price of $239.55 and a 200 day moving average price of $242.20. The company has a market capitalization of $25.95 billion, a P/E ratio of 31.29 and a beta of 0.96.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Wednesday, October 8th. Needham & Company LLC boosted their target price on shares of Broadridge Financial Solutions from $300.00 to $305.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. UBS Group boosted their target price on shares of Broadridge Financial Solutions from $250.00 to $280.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Morgan Stanley boosted their target price on shares of Broadridge Financial Solutions from $222.00 to $261.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $265.67.

Insider Buying and Selling at Broadridge Financial Solutions

In other news, CEO Timothy C. Gokey sold 5,674 shares of the business’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $258.37, for a total value of $1,465,991.38. Following the sale, the chief executive officer owned 143,285 shares in the company, valued at approximately $37,020,545.45. The trade was a 3.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Christopher John Perry sold 7,036 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $262.72, for a total transaction of $1,848,497.92. Following the completion of the sale, the president owned 48,813 shares in the company, valued at $12,824,151.36. This represents a 12.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 147,532 shares of company stock worth $38,417,208 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osterweis Capital Management Inc. acquired a new position in Broadridge Financial Solutions during the 2nd quarter worth about $48,000. MUFG Securities EMEA plc bought a new stake in Broadridge Financial Solutions during the 2nd quarter worth about $84,000. Cary Street Partners Financial LLC raised its holdings in Broadridge Financial Solutions by 33.5% during the 2nd quarter. Cary Street Partners Financial LLC now owns 621 shares of the business services provider’s stock worth $151,000 after purchasing an additional 156 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in Broadridge Financial Solutions by 5.3% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 994 shares of the business services provider’s stock worth $242,000 after purchasing an additional 50 shares during the last quarter. Finally, Evergreen Capital Management LLC raised its holdings in Broadridge Financial Solutions by 7.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 1,101 shares of the business services provider’s stock worth $269,000 after purchasing an additional 74 shares during the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

About Broadridge Financial Solutions

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.