Broadridge Financial Solutions (NYSE:BR) Upgraded to “Buy” at DA Davidson

DA Davidson upgraded shares of Broadridge Financial Solutions (NYSE:BR) from a neutral rating to a buy rating in a research report released on Wednesday morning, MarketBeat Ratings reports. The brokerage currently has $228.00 price target on the business services provider’s stock.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley decreased their price objective on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a report on Wednesday, November 5th. Wall Street Zen raised shares of Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Needham & Company LLC lowered their price objective on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday. UBS Group cut their target price on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research note on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $247.71.

Broadridge Financial Solutions Stock Up 2.1%

Shares of Broadridge Financial Solutions stock opened at $189.93 on Wednesday. Broadridge Financial Solutions has a twelve month low of $183.30 and a twelve month high of $271.91. The stock has a market cap of $22.17 billion, a price-to-earnings ratio of 21.03 and a beta of 0.97. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.93. The company has a fifty day moving average price of $219.88 and a 200 day moving average price of $233.89.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.25. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the previous year, the firm posted $1.56 earnings per share. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Equities research analysts forecast that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, December 12th were given a $0.975 dividend. The ex-dividend date was Friday, December 12th. This represents a $3.90 annualized dividend and a yield of 2.1%. Broadridge Financial Solutions’s dividend payout ratio is 49.94%.

Insider Buying and Selling

In related news, VP Thomas P. Carey sold 10,214 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total value of $2,341,661.64. Following the sale, the vice president directly owned 6,026 shares in the company, valued at $1,381,520.76. This trade represents a 62.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Christopher John Perry sold 3,984 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the transaction, the president owned 44,829 shares of the company’s stock, valued at $10,131,354. This trade represents a 8.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Broadridge Financial Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of BR. First Horizon Corp bought a new position in Broadridge Financial Solutions in the 3rd quarter valued at about $25,000. NewSquare Capital LLC lifted its stake in shares of Broadridge Financial Solutions by 89.5% in the 2nd quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock worth $26,000 after acquiring an additional 51 shares during the period. Guerra Advisors Inc bought a new position in shares of Broadridge Financial Solutions in the third quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Broadridge Financial Solutions by 85.1% during the second quarter. Caitong International Asset Management Co. Ltd now owns 124 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 57 shares during the period. Finally, Bank of Jackson Hole Trust raised its holdings in Broadridge Financial Solutions by 110.3% during the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock worth $30,000 after purchasing an additional 64 shares in the last quarter. 90.03% of the stock is currently owned by institutional investors.

Key Headlines Impacting Broadridge Financial Solutions

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Q2 beat and guidance upgrade: Broadridge posted better‑than‑expected Q2 results (recurring revenue +9% y/y, adjusted EPS $1.59) and raised its FY‑26 adjusted EPS growth outlook to 9%–12%, which is the primary driver behind the stock strength. Broadridge Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Higher corporate profit forecast and broad media pickup: Multiple outlets highlight Broadridge’s raised profit forecast and recurring‑revenue momentum, amplifying investor confidence in near‑term fundamentals. Broadridge raises annual profit forecast
• Positive Sentiment: Analyst upgrades: DA Davidson upgraded BR from Neutral to Buy with a $228 target, supporting upside sentiment among investors. DA Davidson upgrade (Benzinga)
• Positive Sentiment: Needham reiteration at Buy (with a lower target than before) keeps some buy‑side support that the company’s recurring revenue and margin profile remain attractive. Needham price target update (Benzinga)
• Neutral Sentiment: Investor events scheduled: Management will participate in upcoming investor events including a fireside chat (useful for incremental transparency but not itself a catalyst). Broadridge to Participate in Upcoming Investor Events
• Neutral Sentiment: Board expansion: Broadridge added independent directors, a governance item that is supportive long term but neutral for immediate earnings momentum. Broadridge expands board
• Negative Sentiment: Analyst target cut at JPMorgan: JPM lowered its price target from $273 to $229 and moved to Neutral, which trims some upside expectations and may cap near‑term rallies. JPMorgan target cut (Benzinga)
• Negative Sentiment: Strategic risk — tokenization threat: Analysis notes Broadridge’s intermediary business could be disrupted if capital markets rapidly shift to tokenized settlement; management is investing, but monetization and volume capture are uncertain, a longer‑term risk investors are digesting. Tokenization threat analysis (Seeking Alpha)

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.