Bryn Mawr Trust Advisors LLC Grows Position in Broadridge Financial Solutions, Inc. $BR

Bryn Mawr Trust Advisors LLC boosted its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 22.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 29,207 shares of the business services provider’s stock after buying an additional 5,343 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Broadridge Financial Solutions were worth $4,746,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. State Street Corp boosted its holdings in Broadridge Financial Solutions by 6.7% during the 4th quarter. State Street Corp now owns 5,994,841 shares of the business services provider’s stock worth $1,343,572,000 after acquiring an additional 375,699 shares during the last quarter. Geode Capital Management LLC grew its position in Broadridge Financial Solutions by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 3,354,869 shares of the business services provider’s stock worth $746,062,000 after purchasing an additional 12,524 shares in the last quarter. Barclays PLC grew its position in Broadridge Financial Solutions by 1.8% in the 4th quarter. Barclays PLC now owns 2,007,968 shares of the business services provider’s stock worth $448,118,000 after purchasing an additional 35,169 shares in the last quarter. Northern Trust Corp increased its stake in Broadridge Financial Solutions by 6.6% in the 3rd quarter. Northern Trust Corp now owns 1,711,824 shares of the business services provider’s stock valued at $407,705,000 after buying an additional 105,696 shares during the last quarter. Finally, Norges Bank purchased a new stake in Broadridge Financial Solutions in the 4th quarter valued at about $346,304,000. 90.03% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the completion of the transaction, the insider directly owned 1 shares of the company’s stock, valued at approximately $155. This represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Stock Up 2.5%

BR opened at $151.11 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97. The stock has a market cap of $17.48 billion, a price-to-earnings ratio of 16.18 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a twelve month low of $133.83 and a twelve month high of $271.91. The company’s 50-day moving average price is $146.41 and its two-hundred day moving average price is $171.70.

Broadridge Financial Solutions (NYSE:BR) last released its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.09. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the prior year, the firm earned $2.44 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, equities analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were paid a $0.975 dividend. The ex-dividend date was Friday, June 12th. This represents a $3.90 annualized dividend and a yield of 2.6%. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on BR. UBS Group cut their target price on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Needham & Company LLC decreased their price target on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, May 1st. DA Davidson dropped their price target on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 price target on shares of Broadridge Financial Solutions in a report on Monday, June 22nd. Finally, Weiss Ratings cut Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $221.57.

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.