Timothy Gokey Buys 5,300 Shares of Broadridge Financial Solutions (NYSE:BR) Stock

Broadridge Financial Solutions, Inc. (NYSE:BRGet Free Report) CEO Timothy Gokey acquired 5,300 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the transaction, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This represents a 3.85% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $186.71 on Wednesday. Broadridge Financial Solutions, Inc. has a 12-month low of $163.71 and a 12-month high of $271.91. The firm has a market cap of $21.80 billion, a price-to-earnings ratio of 20.68 and a beta of 0.98. The company’s 50-day moving average is $197.32 and its two-hundred day moving average is $221.05. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93.

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

Broadridge Financial Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th will be issued a $0.975 dividend. The ex-dividend date is Monday, March 16th. This represents a $3.90 annualized dividend and a yield of 2.1%. Broadridge Financial Solutions’s payout ratio is 43.19%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Broadridge Financial Solutions by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 15,296,040 shares of the business services provider’s stock worth $3,643,058,000 after purchasing an additional 264,620 shares during the period. State Street Corp grew its holdings in shares of Broadridge Financial Solutions by 6.7% during the 4th quarter. State Street Corp now owns 5,994,841 shares of the business services provider’s stock worth $1,343,572,000 after purchasing an additional 375,699 shares during the period. Alliancebernstein L.P. grew its holdings in shares of Broadridge Financial Solutions by 692.3% during the 3rd quarter. Alliancebernstein L.P. now owns 3,690,705 shares of the business services provider’s stock worth $879,015,000 after purchasing an additional 3,224,891 shares during the period. Geode Capital Management LLC increased its position in Broadridge Financial Solutions by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 3,354,869 shares of the business services provider’s stock worth $746,062,000 after purchasing an additional 12,524 shares in the last quarter. Finally, Barclays PLC increased its position in Broadridge Financial Solutions by 1.8% during the 4th quarter. Barclays PLC now owns 2,007,968 shares of the business services provider’s stock worth $448,118,000 after purchasing an additional 35,169 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Key Headlines Impacting Broadridge Financial Solutions

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

  • Positive Sentiment: CEO Timothy Gokey bought 5,300 shares (~$1.03M at ~$194.49), increasing his stake to ~142,876 shares — a strong insider signal of conviction from top management. Broadridge CEO Gokey buys $1m+ in company stock
  • Positive Sentiment: Broadridge expanded NYFIX order-routing by integrating Crypto.com (first crypto trading connection in Asia) — a revenue/market access positive that leverages Broadridge’s FIX network and supports growth in crypto institutional flow. Broadridge and Crypto.com Connect to Enable Crypto Order Routing for Brokers Globally via NYFIX
  • Neutral Sentiment: Management presented at the Wolfe Research FinTech Forum (transcript available) — useful for incremental detail on strategy, product pipeline and margin outlook but not a catalyst by itself. Wolfe Research FinTech Forum Transcript
  • Neutral Sentiment: Board declared quarterly dividend of $0.975/share (record Mar 16, pay Apr 8) — supports income-oriented holders but is a routine distribution (annualized yield ~2.0–2.1%).
  • Negative Sentiment: Short interest rose significantly in February (up ~23% vs. Feb 12 to ~3.30M shares; ~2.9% of float; ~2.5 days to cover). That increase in bearish bets likely amplified selling pressure and contributed to today’s price decline.

Wall Street Analyst Weigh In

BR has been the subject of a number of recent analyst reports. DA Davidson reaffirmed a “buy” rating and issued a $228.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, February 10th. UBS Group reduced their target price on Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, November 13th. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Needham & Company LLC dropped their price objective on shares of Broadridge Financial Solutions from $305.00 to $255.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Finally, Weiss Ratings lowered shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Get Our Latest Analysis on BR

About Broadridge Financial Solutions

(Get Free Report)

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.

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