Broadridge Financial Solutions (NYSE:BR) Shares Down 5.8% – Time to Sell?

Broadridge Financial Solutions, Inc. (NYSE:BR) shares fell 5.8% on Tuesday . The company traded as low as $160.53 and last traded at $160.8850. 532,757 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 1,401,101 shares. The stock had previously closed at $170.84.

Analysts Set New Price Targets

Several research firms have weighed in on BR. Needham & Company LLC lowered their price target on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Raymond James Financial reissued an “outperform” rating and set a $257.00 price target on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. Weiss Ratings downgraded Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Finally, DA Davidson restated a “buy” rating and set a $228.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and an average price target of $247.71.

Broadridge Financial Solutions Stock Performance

The stock has a market capitalization of $19.04 billion, a price-to-earnings ratio of 18.03 and a beta of 0.98. 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 company’s 50-day simple moving average is $189.12 and its 200-day simple moving average is $216.09.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.25. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the firm posted $1.56 EPS. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. On average, analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th will be issued a dividend of $0.975 per share. The ex-dividend date is Monday, March 16th. This represents a $3.90 annualized dividend and a yield of 2.4%. Broadridge Financial Solutions’s dividend payout ratio is presently 43.19%.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BR. Alliancebernstein L.P. increased its holdings in shares of Broadridge Financial Solutions by 692.3% in the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after buying an additional 3,224,891 shares during the last quarter. Norges Bank bought a new position in Broadridge Financial Solutions during the 4th quarter worth approximately $346,304,000. Van ECK Associates Corp increased its stake in shares of Broadridge Financial Solutions by 110.6% in the fourth quarter. Van ECK Associates Corp now owns 1,475,283 shares of the business services provider’s stock worth $329,239,000 after buying an additional 774,747 shares during the period. Pinebridge Investments LLC bought a new position in shares of Broadridge Financial Solutions during the fourth quarter valued at about $126,553,000. Finally, JPMorgan Chase & Co. lifted its holdings in Broadridge Financial Solutions by 52.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,403,997 shares of the business services provider’s stock worth $313,330,000 after buying an additional 485,297 shares during the period. 90.03% of the stock is owned by institutional investors.

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.