Tilia Fiduciary Partners Inc. Buys 148 Shares of Broadridge Financial Solutions, Inc. $BR

Tilia Fiduciary Partners Inc. lifted its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,076 shares of the business services provider’s stock after acquiring an additional 148 shares during the period. Broadridge Financial Solutions accounts for 1.8% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 14th largest position. Tilia Fiduciary Partners Inc.’s holdings in Broadridge Financial Solutions were worth $2,935,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Clarus Group Inc. raised its position in shares of Broadridge Financial Solutions by 1.5% in the 2nd quarter. Clarus Group Inc. now owns 2,951 shares of the business services provider’s stock worth $717,000 after acquiring an additional 44 shares in the last quarter. Continuum Advisory LLC increased its position in Broadridge Financial Solutions by 48.4% during the 1st quarter. Continuum Advisory LLC now owns 141 shares of the business services provider’s stock valued at $34,000 after buying an additional 46 shares in the last quarter. Norden Group LLC increased its position in Broadridge Financial Solutions by 2.6% during the 1st quarter. Norden Group LLC now owns 1,852 shares of the business services provider’s stock valued at $449,000 after buying an additional 47 shares in the last quarter. Crew Capital Management Ltd. increased its position in Broadridge Financial Solutions by 2.4% during the 1st quarter. Crew Capital Management Ltd. now owns 2,020 shares of the business services provider’s stock valued at $490,000 after buying an additional 48 shares in the last quarter. Finally, Cresset Asset Management LLC increased its position in Broadridge Financial Solutions by 1.8% during the 1st quarter. Cresset Asset Management LLC now owns 2,820 shares of the business services provider’s stock valued at $686,000 after buying an additional 49 shares in the last quarter. 90.03% of the stock is owned by institutional investors.

Insider Transactions at Broadridge Financial Solutions

In other news, CEO Timothy C. Gokey sold 5,674 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $258.37, for a total value of $1,465,991.38. Following the sale, the chief executive officer owned 143,285 shares in the company, valued at $37,020,545.45. This represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Christopher John Perry sold 7,036 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $262.72, for a total value of $1,848,497.92. Following the completion of the sale, the president owned 48,813 shares in the company, valued at $12,824,151.36. The trade was a 12.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 147,532 shares of company stock worth $38,417,208 in the last 90 days. Company insiders own 1.30% of the company’s stock.

Broadridge Financial Solutions Stock Performance

Shares of NYSE BR opened at $234.70 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. Broadridge Financial Solutions, Inc. has a 12 month low of $208.20 and a 12 month high of $271.91. The company has a 50 day simple moving average of $251.32 and a two-hundred day simple moving average of $242.53. The stock has a market cap of $27.49 billion, a price-to-earnings ratio of 33.10 and a beta of 0.95.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data on Tuesday, August 5th. The business services provider reported $3.55 EPS for the quarter, beating the consensus estimate of $3.51 by $0.04. Broadridge Financial Solutions had a net margin of 12.19% and a return on equity of 42.72%. The business had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.06 billion. During the same period in the previous year, the business posted $3.50 EPS. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. As a group, analysts predict that Broadridge Financial Solutions, Inc. will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.975 dividend. The ex-dividend date was Thursday, September 11th. This is a positive change from Broadridge Financial Solutions’s previous quarterly dividend of $0.88. This represents a $3.90 dividend on an annualized basis and a dividend yield of 1.7%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is currently 55.01%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. UBS Group upped their target price on Broadridge Financial Solutions from $250.00 to $280.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Morgan Stanley upped their target price on Broadridge Financial Solutions from $222.00 to $261.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Saturday, September 27th. Wall Street Zen raised Broadridge Financial Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Needham & Company LLC upped their target price on Broadridge Financial Solutions from $300.00 to $305.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $261.50.

About Broadridge Financial Solutions

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.