Crossmark Global Holdings Inc. Lowers Stock Position in Broadridge Financial Solutions, Inc. $BR

Crossmark Global Holdings Inc. cut its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 17.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,036 shares of the business services provider’s stock after selling 11,675 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Broadridge Financial Solutions were worth $13,346,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BR. First Horizon Corp purchased a new stake in Broadridge Financial Solutions in the third quarter worth about $25,000. NewSquare Capital LLC boosted its position 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 purchasing an additional 51 shares in the last quarter. Guerra Advisors Inc purchased a new stake in shares of Broadridge Financial Solutions in the 3rd quarter worth approximately $29,000. Atlantic Union Bankshares Corp bought a new position in Broadridge Financial Solutions during the 2nd quarter valued at approximately $40,000. Finally, ORG Partners LLC raised its stake in Broadridge Financial Solutions by 57.4% during the third quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after buying an additional 66 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Broadridge Financial Solutions

In other 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 sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is owned by corporate insiders.

Broadridge Financial Solutions Trading Up 1.3%

Broadridge Financial Solutions stock opened at $191.18 on Friday. The business has a 50-day simple moving average of $199.48 and a two-hundred day simple moving average of $223.09. The company has a market cap of $22.32 billion, a P/E ratio of 21.17 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 52-week low of $163.71 and a 52-week high of $271.91. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93.

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

Analyst Upgrades and Downgrades

BR has been the subject of several recent analyst reports. Weiss Ratings lowered Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. DA Davidson reaffirmed a “buy” rating and issued a $228.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, February 10th. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. reduced their price target on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Finally, UBS Group lowered their price objective on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $247.71.

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.