Broadridge Financial Solutions (NYSE:BR) Sets New 1-Year Low – Here’s What Happened

Shares of Broadridge Financial Solutions, Inc. (NYSE:BR) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $139.50 and last traded at $139.5680, with a volume of 1197218 shares. The stock had previously closed at $143.88.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BR. DA Davidson decreased their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Royal Bank Of Canada decreased their price target on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Needham & Company LLC decreased their price target 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 lowered shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, UBS Group reduced their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $221.57.

Broadridge Financial Solutions Price Performance

The firm has a market capitalization of $16.14 billion, a PE ratio of 14.94 and a beta of 0.88. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. The business’s 50 day moving average is $152.93 and its two-hundred day moving average is $183.30.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings data 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 business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the business earned $2.44 EPS. Broadridge Financial Solutions’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. Equities research analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be paid a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is currently 41.76%.

Insiders Place Their Bets

In related news, insider Hope M. Jarkowski sold 1,966 shares of Broadridge Financial Solutions stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the transaction, the insider directly owned 1 shares in the company, valued at approximately $155. The trade was a 99.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Barclays PLC boosted its holdings in Broadridge Financial Solutions by 0.7% in the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock valued at $469,862,000 after purchasing an additional 14,631 shares during the period. JPMorgan Chase & Co. boosted its holdings in Broadridge Financial Solutions by 46.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider’s stock valued at $218,807,000 after purchasing an additional 292,801 shares during the period. Nordea Investment Management AB boosted its holdings in Broadridge Financial Solutions by 27.3% in the 4th quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider’s stock valued at $65,260,000 after purchasing an additional 62,273 shares during the period. ICICI Prudential Asset Management Co Ltd bought a new position in Broadridge Financial Solutions in the 3rd quarter valued at $3,203,000. Finally, SG Americas Securities LLC boosted its holdings in Broadridge Financial Solutions by 467.2% in the 4th quarter. SG Americas Securities LLC now owns 201,791 shares of the business services provider’s stock valued at $45,034,000 after purchasing an additional 166,212 shares during the period. 90.03% of the stock is owned by 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.