Pictet Asset Management Holding SA Reduces Stock Holdings in Broadridge Financial Solutions, Inc. $BR

Pictet Asset Management Holding SA cut its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 7.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 65,572 shares of the business services provider’s stock after selling 5,309 shares during the period. Pictet Asset Management Holding SA’s holdings in Broadridge Financial Solutions were worth $14,634,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BR. CX Institutional lifted its position in shares of Broadridge Financial Solutions by 2.8% during the third quarter. CX Institutional now owns 1,633 shares of the business services provider’s stock worth $389,000 after purchasing an additional 44 shares in the last quarter. Signaturefd LLC grew its holdings in Broadridge Financial Solutions by 2.2% during the 3rd quarter. Signaturefd LLC now owns 2,090 shares of the business services provider’s stock valued at $498,000 after purchasing an additional 45 shares in the last quarter. Strategic Blueprint LLC increased its stake in Broadridge Financial Solutions by 5.6% during the 3rd quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider’s stock worth $210,000 after buying an additional 47 shares during the period. Patton Fund Management Inc. increased its stake in Broadridge Financial Solutions by 5.3% during the 4th quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider’s stock worth $217,000 after buying an additional 49 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its holdings in Broadridge Financial Solutions by 5.3% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 994 shares of the business services provider’s stock worth $242,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Insider Activity at Broadridge Financial Solutions

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

Trending Headlines about Broadridge Financial Solutions

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Q3 results beat Street estimates and management raised FY?26 targets — Broadridge reported $2.72 adjusted EPS vs. $2.63 consensus and $1.95B revenue vs. $1.90B est; recurring revenue grew ~7% and management raised guidance for recurring revenue and adjusted EPS growth (targets now call for ~10–12% adjusted EPS growth). This print supports the stock’s move higher. Broadridge Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Strategic acquisition completed — Broadridge closed its acquisition of CQG, adding futures & options execution management, algo trading and analytics to its connectivity and order management stack. The deal expands addressable market in trading services and can boost cross?sell and fee?based revenue. Broadridge Completes Acquisition of CQG
• Neutral Sentiment: Needham lowers price target (still a Buy) — Needham cut its PT from $255 to $230 but maintained a Buy rating, implying substantial upside from current levels; the change signals tempered near?term upside expectations while keeping a constructive view. Needham Price Target Cut
• Neutral Sentiment: RBC trims target but keeps Outperform — Royal Bank of Canada lowered its PT to $200 from $245 while retaining an Outperform rating, showing analysts still favor the business despite lower target levels. RBC Price Target Change
• Negative Sentiment: Sales cadence and margin dynamics show friction — management disclosed closed sales decline ( ~$58M vs. $71M prior, down ~19%) and slight operating margin pressure vs. the prior year, which could limit upside if the weaker sales trend persists. This is a cautionary data point beneath the positive headline numbers. Q3 Results — Detail

Broadridge Financial Solutions Price Performance

BR opened at $155.22 on Friday. The company has a market capitalization of $18.12 billion, a P/E ratio of 17.19 and a beta of 0.89. The company has a 50-day moving average of $169.22 and a 200-day moving average of $200.50. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 0.94. Broadridge Financial Solutions, Inc. has a 1-year low of $149.05 and a 1-year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly 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 business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Equities analysts expect that Broadridge Financial Solutions, Inc. will post 9.46 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. DA Davidson reissued a “buy” rating and issued a $228.00 price objective on shares of Broadridge Financial Solutions in a research report on Wednesday, April 22nd. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Royal Bank Of Canada reduced their price target on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a report on Friday. Needham & Company LLC lowered their price objective on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. dropped their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.71.

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.