151,579 Shares in Broadridge Financial Solutions, Inc. $BR Bought by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. acquired a new stake in Broadridge Financial Solutions, Inc. (NYSE:BR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 151,579 shares of the business services provider’s stock, valued at approximately $33,828,000. Broadridge Financial Solutions accounts for approximately 1.3% of Tandem Investment Advisors Inc.’s holdings, making the stock its 29th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Guerra Advisors Inc acquired a new position in shares of Broadridge Financial Solutions during the third quarter worth about $29,000. WPG Advisers LLC raised its stake in shares of Broadridge Financial Solutions by 77.5% during the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after buying an additional 62 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Broadridge Financial Solutions in the 4th quarter valued at approximately $39,000. Bank of Jackson Hole Trust lifted its holdings in shares of Broadridge Financial Solutions by 50.0% in the 3rd quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock valued at $44,000 after buying an additional 61 shares during the period. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Broadridge Financial Solutions in the third quarter valued at approximately $47,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $150.55 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $17.41 billion, a P/E ratio of 16.12 and a beta of 0.89. The firm has a 50-day moving average price of $158.72 and a two-hundred day moving average price of $191.76. Broadridge Financial Solutions, Inc. has a twelve month low of $139.79 and a twelve month high of $271.91.

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

Broadridge Financial Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be paid a $0.975 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.90 dividend on an annualized basis and a yield of 2.6%. Broadridge Financial Solutions’s dividend payout ratio is presently 41.76%.

Analyst Ratings Changes

BR has been the subject of a number of recent analyst reports. Royal Bank Of Canada reduced their target price on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, May 1st. UBS Group cut 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 report on Monday, May 4th. Raymond James Financial reissued an “outperform” rating and set a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. JPMorgan Chase & Co. dropped 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 report on Wednesday, February 4th. Finally, Needham & Company LLC reduced their price target 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. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $221.57.

Insider Buying and Selling

In related news, CEO Timothy C. Gokey bought 5,300 shares of the stock in a transaction on Friday, March 6th. The shares were purchased at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the acquisition, 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company 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.