Broadridge Financial Solutions (NYSE:BR) Receives Buy Rating from DA Davidson

Broadridge Financial Solutions (NYSE:BR)‘s stock had its “buy” rating restated by equities research analysts at DA Davidson in a report released on Wednesday,Benzinga reports. They presently have a $228.00 price target on the business services provider’s stock. DA Davidson’s price target would suggest a potential upside of 42.99% from the company’s previous close.

BR has been the topic of a number of other reports. Weiss Ratings cut Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. dropped their price target on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Needham & Company LLC reissued a “buy” rating and issued a $255.00 price target on shares of Broadridge Financial Solutions in a research report on Monday, April 6th. Raymond James Financial reissued an “outperform” rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Finally, Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $247.71.

Broadridge Financial Solutions Stock Down 1.5%

Shares of BR stock traded down $2.42 during midday trading on Wednesday, reaching $159.45. 397,039 shares of the stock were exchanged, compared to its average volume of 1,430,462. Broadridge Financial Solutions has a 1 year low of $150.10 and a 1 year high of $271.91. The company’s 50 day moving average is $171.47 and its two-hundred day moving average is $203.85. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. The firm has a market cap of $18.62 billion, a PE ratio of 17.63 and a beta of 1.01.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings results 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 firm had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the previous year, the firm posted $1.56 EPS. The business’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. On average, equities research analysts predict that Broadridge Financial Solutions will post 9.46 EPS for the current year.

Insider Activity at Broadridge Financial Solutions

In related news, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $4,008,969. This represents a 1.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Timothy C. Gokey bought 5,300 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were bought at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the completion of the purchase, the chief executive officer owned 142,876 shares in the company, valued at approximately $27,787,953.24. The trade was a 3.85% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Broadridge Financial Solutions

A number of hedge funds have recently added to or reduced their stakes in BR. Brighton Jones LLC purchased a new stake in Broadridge Financial Solutions during the 4th quarter valued at $580,000. Empowered Funds LLC raised its stake in Broadridge Financial Solutions by 41.5% during the 1st quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock valued at $959,000 after buying an additional 1,160 shares during the last quarter. Woodline Partners LP raised its stake in Broadridge Financial Solutions by 6.9% during the 1st quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock valued at $2,397,000 after buying an additional 635 shares during the last quarter. Acadian Asset Management LLC raised its stake in Broadridge Financial Solutions by 480.8% during the 1st quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock valued at $616,000 after buying an additional 2,106 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in Broadridge Financial Solutions by 8.5% during the 2nd quarter. Cerity Partners LLC now owns 25,523 shares of the business services provider’s stock valued at $6,203,000 after buying an additional 2,004 shares during the last quarter. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

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.