Broadridge Financial Solutions, Inc. $BR Stock Holdings Boosted by Nordea Investment Management AB

Nordea Investment Management AB raised its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 27.3% in the fourth quarter, HoldingsChannel reports. The firm owned 290,717 shares of the business services provider’s stock after acquiring an additional 62,273 shares during the period. Nordea Investment Management AB’s holdings in Broadridge Financial Solutions were worth $65,260,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of BR. First Horizon Corp bought a new stake in shares of Broadridge Financial Solutions during the third quarter valued at approximately $25,000. Guerra Advisors Inc acquired a new position in shares of Broadridge Financial Solutions during the third quarter worth approximately $29,000. ORG Partners LLC grew its holdings in Broadridge Financial Solutions by 57.4% in the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock worth $44,000 after buying an additional 66 shares in the last quarter. Bank of Jackson Hole Trust grew its stake in shares of Broadridge Financial Solutions by 50.0% in the third quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock worth $44,000 after purchasing an additional 61 shares in the last quarter. Finally, Fulcrum Asset Management LLP acquired a new position in shares of Broadridge Financial Solutions during the third quarter valued at $47,000. Institutional investors own 90.03% of the company’s stock.

Broadridge Financial Solutions Trading Down 2.3%

Shares of NYSE:BR opened at $170.43 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market capitalization of $19.90 billion, a price-to-earnings ratio of 18.87 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 1-year low of $163.71 and a 1-year high of $271.91. The company has a 50 day moving average price of $189.12 and a 200 day moving average price of $216.09.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.25. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the prior year, the company earned $1.56 earnings per share. The firm’s 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, research analysts anticipate that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal year.

Broadridge Financial Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th will be issued a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, March 16th. Broadridge Financial Solutions’s dividend payout ratio is currently 43.19%.

Wall Street Analyst Weigh In

BR has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. lowered their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 6th. DA Davidson reaffirmed a “buy” rating and issued a $228.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 10th. Finally, Needham & Company LLC decreased 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 report on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Insider Buying and Selling at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, Director Robert N. Duelks sold 253 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total transaction of $48,727.80. Following the sale, the director owned 20,815 shares in the company, valued at approximately $4,008,969. The trade was a 1.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy C. Gokey acquired 5,300 shares of Broadridge Financial Solutions stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $194.49 per share, with a total value of $1,030,797.00. Following the completion of the purchase, the chief executive officer directly 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 disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

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.