Broadridge Financial Solutions (NYSE:BR) Hits New 1-Year Low – Time to Sell?

Broadridge Financial Solutions, Inc. (NYSE:BR) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $139.50 and last traded at $139.5680, with a volume of 1197218 shares. The stock had previously closed at $143.88.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BR shares. DA Davidson reduced their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Needham & Company LLC dropped their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Royal Bank Of Canada cut their target price on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Weiss Ratings lowered shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Finally, UBS Group decreased their price target on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Broadridge Financial Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $221.57.

Broadridge Financial Solutions Stock Down 0.2%

The firm has a market capitalization of $15.89 billion, a price-to-earnings ratio of 14.70 and a beta of 0.88. The stock has a 50 day moving average of $152.03 and a 200 day moving average of $182.04. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the business posted $2.44 earnings per share. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, analysts expect that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be issued a $0.975 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.90 annualized dividend and a yield of 2.8%. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Insider Buying and Selling at Broadridge Financial Solutions

In related news, insider Hope M. Jarkowski sold 1,966 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total transaction of $304,730.00. Following the sale, the insider owned 1 shares of the company’s stock, valued at $155. The trade was a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.10% of the company’s stock.

Institutional Trading of Broadridge Financial Solutions

A number of large investors have recently added to or reduced their stakes in BR. Reflection Asset Management acquired a new position in shares of Broadridge Financial Solutions in the 4th quarter valued at $25,000. Nemes Rush Group LLC purchased a new stake in Broadridge Financial Solutions during the fourth quarter valued at about $27,000. Prosperity Bancshares Inc purchased a new stake in Broadridge Financial Solutions during the fourth quarter valued at about $28,000. WPG Advisers LLC boosted its holdings in shares of Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after buying an additional 62 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new position in shares of Broadridge Financial Solutions in the first quarter worth about $36,000. 90.03% of the stock is currently owned by institutional investors.

Broadridge Financial Solutions Company 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.