Teacher Retirement System of Texas Cuts Stock Holdings in Broadridge Financial Solutions, Inc. $BR

Teacher Retirement System of Texas lessened its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 23.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,121 shares of the business services provider’s stock after selling 24,269 shares during the quarter. Teacher Retirement System of Texas owned 0.07% of Broadridge Financial Solutions worth $18,844,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Horizon Corp purchased a new position in shares of Broadridge Financial Solutions during the 3rd quarter worth approximately $25,000. NewSquare Capital LLC grew its holdings in Broadridge Financial Solutions by 89.5% during the second 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. ORG Partners LLC raised its position in Broadridge Financial Solutions by 360.0% in the second quarter. ORG Partners LLC now owns 115 shares of the business services provider’s stock worth $28,000 after acquiring an additional 90 shares in the last quarter. Bank of Jackson Hole Trust raised its position in Broadridge Financial Solutions by 110.3% in the second quarter. Bank of Jackson Hole Trust now owns 122 shares of the business services provider’s stock worth $30,000 after acquiring an additional 64 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Broadridge Financial Solutions by 85.1% in 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. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Down 1.1%

BR stock opened at $207.40 on Friday. 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 company’s 50 day simple moving average is $224.42 and its 200-day simple moving average is $236.03. Broadridge Financial Solutions, Inc. has a 12 month low of $204.61 and a 12 month high of $271.91. The firm has a market capitalization of $24.21 billion, a PE ratio of 26.56 and a beta of 0.99.

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

Broadridge Financial Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, December 12th were given a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, December 12th. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 49.94%.

Analyst Upgrades and Downgrades

BR has been the subject of a number of research analyst reports. Morgan Stanley cut their price target 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadridge Financial Solutions in a report on Monday, December 29th. 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. Wall Street Zen upgraded Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, DA Davidson reduced their price objective on Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating for the company in a report on Friday. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $257.83.

Insider Activity

In other Broadridge Financial Solutions news, VP Thomas P. Carey sold 10,214 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $229.26, for a total value of $2,341,661.64. Following the transaction, the vice president directly owned 6,026 shares in the company, valued at approximately $1,381,520.76. This represents a 62.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Christopher John Perry sold 3,984 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total transaction of $900,384.00. Following the sale, the president directly owned 44,829 shares in the company, valued at $10,131,354. This represents a 8.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.