Schwartz Investment Counsel Inc. Has $51.26 Million Stock Holdings in Broadridge Financial Solutions, Inc. $BR

Schwartz Investment Counsel Inc. boosted its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 27.5% in the first quarter, Holdings Channel reports. The institutional investor owned 315,490 shares of the business services provider’s stock after acquiring an additional 68,140 shares during the quarter. Broadridge Financial Solutions makes up approximately 1.8% of Schwartz Investment Counsel Inc.’s holdings, making the stock its 15th largest position. Schwartz Investment Counsel Inc.’s holdings in Broadridge Financial Solutions were worth $51,261,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in Broadridge Financial Solutions during the fourth quarter valued at $580,000. Empowered Funds LLC raised its stake in shares of 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 worth $959,000 after purchasing an additional 1,160 shares in the last quarter. Woodline Partners LP lifted its holdings in shares of 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 lifted its holdings in shares of 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 grew its stake in shares of Broadridge Financial Solutions by 8.5% in 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 in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total value of $304,730.00. Following the sale, the insider owned 1 shares of the company’s stock, valued at $155. This trade represents a 99.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.10% of the stock is owned by company insiders.

Broadridge Financial Solutions Price Performance

Shares of Broadridge Financial Solutions stock opened at $151.11 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. The firm has a fifty day simple moving average of $146.41 and a 200-day simple moving average of $171.70. The stock has a market capitalization of $17.48 billion, a price-to-earnings ratio of 16.18 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 1-year low of $133.83 and a 1-year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.63 by $0.09. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, sell-side analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were paid a dividend of $0.975 per share. 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%.

Analysts Set New Price Targets

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

Broadridge Financial Solutions 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.