Sumitomo Mitsui Trust Group Inc. Increases Stock Holdings in Broadridge Financial Solutions, Inc. $BR

Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,541 shares of the business services provider’s stock after buying an additional 3,700 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.24% of Broadridge Financial Solutions worth $65,626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. First Horizon Corp purchased a new position in shares of Broadridge Financial Solutions in the 3rd quarter valued at approximately $25,000. NewSquare Capital LLC raised its holdings in shares of Broadridge Financial Solutions by 89.5% in the second quarter. NewSquare Capital LLC now owns 108 shares of the business services provider’s stock worth $26,000 after buying an additional 51 shares during the last quarter. ORG Partners LLC lifted its stake in shares of Broadridge Financial Solutions by 360.0% during the second quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock worth $28,000 after buying an additional 90 shares during the period. Bank of Jackson Hole Trust grew its holdings in shares of 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 valued at $30,000 after buying an additional 64 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Broadridge Financial Solutions by 85.1% in the 2nd 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. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on BR. Morgan Stanley lowered their price target on Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Wall Street Zen raised Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. DA Davidson reiterated a “neutral” rating and issued a $240.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, October 28th. UBS Group reduced their price target on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $259.83.

Broadridge Financial Solutions Price Performance

Shares of NYSE BR opened at $220.70 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market capitalization of $25.76 billion, a price-to-earnings ratio of 28.26 and a beta of 0.99. The firm’s 50 day simple moving average is $225.81 and its 200-day simple moving average is $237.41. Broadridge Financial Solutions, Inc. has a 12 month low of $212.33 and a 12 month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Tuesday, November 4th. The business services provider reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.32. Broadridge Financial Solutions had a net margin of 13.11% and a return on equity of 43.28%. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.54 billion. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. Analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, December 12th. Broadridge Financial Solutions’s payout ratio is currently 49.94%.

Insider Transactions at Broadridge Financial Solutions

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

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.