Broadridge Financial Solutions, Inc. $BR Shares Acquired by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. grew its position in Broadridge Financial Solutions, Inc. (NYSE:BR) by 20.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 940,020 shares of the business services provider’s stock after acquiring an additional 160,520 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Broadridge Financial Solutions were worth $209,784,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BR. 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 valued at $32,000 after acquiring an additional 62 shares during the period. Lodestone Wealth Management LLC purchased a new stake in shares of Broadridge Financial Solutions during the fourth quarter worth approximately $39,000. Fulcrum Asset Management LLP purchased a new stake in shares of Broadridge Financial Solutions during the third quarter worth approximately $47,000. Osterweis Capital Management Inc. purchased a new stake in shares of Broadridge Financial Solutions during the second quarter worth approximately $48,000. Finally, Intact Investment Management Inc. purchased a new stake in shares of Broadridge Financial Solutions during the fourth quarter worth approximately $67,000. 90.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Broadridge Financial Solutions news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the sale, the insider owned 1 shares of the company’s stock, valued at approximately $155. This trade represents a 99.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Price Performance

Broadridge Financial Solutions stock opened at $151.49 on Friday. Broadridge Financial Solutions, Inc. has a one year low of $139.79 and a one year high of $271.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. The business has a fifty day moving average of $154.98 and a two-hundred day moving average of $187.56. The company has a market cap of $17.52 billion, a P/E ratio of 16.22 and a beta of 0.88.

Broadridge Financial Solutions (NYSE:BR) last released its earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter last year, the company earned $2.44 earnings per share. Broadridge Financial Solutions’s quarterly revenue was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, analysts predict that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current fiscal year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders 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 dividend on an annualized basis and a yield of 2.6%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is 41.76%.

Analyst Ratings Changes

Several research firms have recently commented on BR. Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. DA Davidson cut their price target on Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Royal Bank Of Canada cut their price target on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Weiss Ratings cut Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, UBS Group cut their price target on Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Broadridge Financial Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $221.57.

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.