Mirae Asset Global Investments Co. Ltd. Increases Holdings in Broadridge Financial Solutions, Inc. $BR

Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 20.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,206 shares of the business services provider’s stock after buying an additional 3,781 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Broadridge Financial Solutions were worth $4,956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Nicholson Wealth Management Group LLC raised its stake in Broadridge Financial Solutions by 7.1% during the 4th quarter. Nicholson Wealth Management Group LLC now owns 7,535 shares of the business services provider’s stock valued at $1,682,000 after buying an additional 499 shares during the last quarter. Childress Capital Advisors LLC raised its stake in Broadridge Financial Solutions by 49.3% during the 4th quarter. Childress Capital Advisors LLC now owns 1,447 shares of the business services provider’s stock valued at $323,000 after buying an additional 478 shares during the last quarter. LBP AM SA raised its stake in Broadridge Financial Solutions by 47.7% during the 4th quarter. LBP AM SA now owns 66,383 shares of the business services provider’s stock valued at $14,815,000 after buying an additional 21,427 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Broadridge Financial Solutions by 1.4% during the 4th quarter. Farther Finance Advisors LLC now owns 5,572 shares of the business services provider’s stock valued at $1,243,000 after buying an additional 78 shares during the last quarter. Finally, Tyche Wealth Partners LLC purchased a new stake in Broadridge Financial Solutions during the 4th quarter valued at $546,000. 90.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BR shares. Wall Street Zen lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Raymond James Financial reiterated an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. decreased their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Finally, Needham & Company LLC restated a “buy” rating and issued a $255.00 price objective on shares of Broadridge Financial Solutions in a research note on Monday, April 6th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $247.71.

Key Stories Impacting Broadridge Financial Solutions

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

• Positive Sentiment: Matsui Securities will adopt Broadridge’s JASDEC Processing Solution (JASDECPS) on a SaaS platform to modernize securities lending operations in Japan — a client win that underscores international SaaS adoption and recurring revenue potential. Matsui Securities Adopts Broadridge’s JASDECPS
• Positive Sentiment: Tavira Financial selected Broadridge’s High Touch OMS, connectivity and middle-office stack to power its agency brokerage platform — another front-office win that can drive implementation revenue and deepen operating relationships. Tavira selects Broadridge
• Positive Sentiment: Broadridge made a minority strategic investment in CENTRL to integrate AI-powered due diligence and RFP tooling into its asset-management and retirement solutions — strengthens data/AI capabilities and cross-sell opportunities in high-margin services. Broadridge Announces Strategic Investment in CENTRL
• Positive Sentiment: Broadridge participated in HQLAx’s Series C?1 as a strategic investor to support digital collateral mobility and collaboration with Broadridge’s Distributed Ledger Repo (DLR) — signals commitment to DLT initiatives and potential future product integration. HQLAx Announces Strategic Investments from Broadridge
• Neutral Sentiment: Broadridge scheduled its Q3 FY2026 earnings webcast for April 30 — an upcoming catalyst that could confirm revenue/margin benefits from these deals or introduce short-term volatility. Broadridge Schedules Webcast

Broadridge Financial Solutions Trading Up 0.4%

NYSE:BR opened at $161.95 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market capitalization of $18.91 billion, a price-to-earnings ratio of 17.93 and a beta of 1.01. Broadridge Financial Solutions, Inc. has a one year low of $150.10 and a one year high of $271.91. The business has a fifty day moving average price of $171.47 and a 200-day moving average price of $203.85.

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, topping the consensus estimate of $1.34 by $0.25. The firm had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.Broadridge Financial Solutions’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Sell-side analysts forecast that Broadridge Financial Solutions, Inc. will post 9.46 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th were paid a $0.975 dividend. This represents a $3.90 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio is 43.19%.

Insider Buying and Selling at Broadridge Financial Solutions

In other news, CEO Timothy C. Gokey bought 5,300 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the acquisition, the chief executive officer owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This represents a 3.85% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert N. Duelks sold 253 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the transaction, the director directly owned 20,815 shares of the company’s stock, valued at $4,008,969. This represents a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.10% of the company’s stock.

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.