Broadridge Financial Solutions, Inc. $BR Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR) by 86.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 646 shares of the business services provider’s stock after selling 4,161 shares during the period. Geneos Wealth Management Inc.’s holdings in Broadridge Financial Solutions were worth $105,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BR. SG Americas Securities LLC increased its holdings in Broadridge Financial Solutions by 467.2% during the 4th quarter. SG Americas Securities LLC now owns 201,791 shares of the business services provider’s stock worth $45,034,000 after purchasing an additional 166,212 shares during the period. Strs Ohio raised its position in Broadridge Financial Solutions by 25.8% in the 1st quarter. Strs Ohio now owns 48,787 shares of the business services provider’s stock valued at $7,927,000 after purchasing an additional 9,996 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in Broadridge Financial Solutions in the 1st quarter valued at about $4,211,000. UNIVEST FINANCIAL Corp purchased a new position in shares of Broadridge Financial Solutions in the 1st quarter valued at about $8,227,000. Finally, Cvfg LLC purchased a new position in shares of Broadridge Financial Solutions in the 1st quarter valued at about $2,463,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Broadridge Financial Solutions Trading Down 0.6%

BR opened at $144.10 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94. Broadridge Financial Solutions, Inc. has a one year low of $133.83 and a one year high of $271.91. The company has a market cap of $16.67 billion, a P/E ratio of 15.43 and a beta of 0.89. The business’s 50-day simple moving average is $146.13 and its 200-day simple moving average is $167.84.

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

Broadridge Financial Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th were given a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, June 12th. Broadridge Financial Solutions’s payout ratio is currently 41.76%.

Insider Buying and Selling at Broadridge Financial Solutions

In other news, insider Hope M. Jarkowski sold 1,966 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the transaction, the insider owned 1 shares in the company, valued at approximately $155. This represents a 99.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on BR shares. Royal Bank Of Canada restated an “outperform” rating and set a $200.00 target price on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. DA Davidson decreased their price target on shares of 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. UBS Group lowered 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. Weiss Ratings downgraded shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Finally, Needham & Company LLC reduced their price objective on shares of Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating on the stock in a 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 company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $221.57.

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.