Wealth Enhancement Advisory Services LLC Boosts Stake in Broadridge Financial Solutions, Inc. $BR

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 15.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,837 shares of the business services provider’s stock after buying an additional 5,055 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Broadridge Financial Solutions were worth $8,167,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Nordea Investment Management AB grew its stake in shares of Broadridge Financial Solutions by 27.3% in the fourth quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider’s stock worth $65,260,000 after acquiring an additional 62,273 shares during the period. Occidental Asset Management LLC grew its position in Broadridge Financial Solutions by 4.4% in the 4th quarter. Occidental Asset Management LLC now owns 21,793 shares of the business services provider’s stock worth $4,864,000 after purchasing an additional 911 shares during the period. Union Bancaire Privee UBP SA raised its stake in Broadridge Financial Solutions by 124.8% during the 4th quarter. Union Bancaire Privee UBP SA now owns 3,532 shares of the business services provider’s stock valued at $803,000 after buying an additional 1,961 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Broadridge Financial Solutions by 4.0% during the 4th quarter. GAMMA Investing LLC now owns 5,196 shares of the business services provider’s stock valued at $1,160,000 after buying an additional 202 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of Broadridge Financial Solutions by 1.8% in the 3rd quarter. Allworth Financial LP now owns 33,076 shares of the business services provider’s stock worth $7,878,000 after buying an additional 579 shares during the last quarter. 90.03% of the stock is currently owned by institutional investors.

Broadridge Financial Solutions Price Performance

NYSE BR opened at $157.49 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. Broadridge Financial Solutions, Inc. has a 12 month low of $156.94 and a 12 month high of $271.91. The stock has a market cap of $18.39 billion, a price-to-earnings ratio of 17.44 and a beta of 0.98. The company’s 50 day moving average is $184.41 and its two-hundred day moving average is $214.07.

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

Broadridge Financial Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th will be issued a dividend of $0.975 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.90 dividend on an annualized basis and a yield of 2.5%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 43.19%.

Insider Transactions at Broadridge Financial Solutions

In other news, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the transaction, the director directly owned 20,815 shares in the company, valued at $4,008,969. The trade was a 1.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Timothy C. Gokey acquired 5,300 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of $194.49 per share, with a total value of $1,030,797.00. Following the purchase, the chief executive officer owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This trade represents a 3.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on BR. Raymond James Financial reissued an “outperform” rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Wall Street Zen downgraded 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. Needham & Company LLC dropped their price objective on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, DA Davidson restated a “buy” rating and set a $228.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $247.71.

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.