Brady Family Wealth LLC Sells 3,589 Shares of Broadridge Financial Solutions, Inc. $BR

Brady Family Wealth LLC trimmed its position in shares of Broadridge Financial Solutions, Inc. (NYSE:BR) by 14.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,655 shares of the business services provider’s stock after selling 3,589 shares during the quarter. Brady Family Wealth LLC’s holdings in Broadridge Financial Solutions were worth $3,489,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BR. Valley Wealth Managers Inc. boosted its stake in Broadridge Financial Solutions by 230.8% in the third quarter. Valley Wealth Managers Inc. now owns 172 shares of the business services provider’s stock worth $28,000 after buying an additional 120 shares in the last quarter. Security National Bank of SO Dak bought a new position in Broadridge Financial Solutions during the second quarter valued at approximately $26,000. Markowski Investments purchased a new position in shares of Broadridge Financial Solutions during the second quarter worth approximately $27,000. Bell Investment Advisors Inc bought a new stake in shares of Broadridge Financial Solutions in the 2nd quarter worth approximately $29,000. Finally, Jones Financial Companies Lllp bought a new stake in shares of Broadridge Financial Solutions in the 2nd quarter worth approximately $33,000. 90.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Thomas Carey sold 2,501 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $159.76, for a total value of $399,559.76. Following the completion of the sale, the vice president owned 8,800 shares of the company’s stock, valued at $1,405,888. This trade represents a 22.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BR shares. UBS Group reaffirmed a “neutral” rating and issued a $180.00 price objective on shares of Broadridge Financial Solutions in a research note on Monday, August 17th. JPMorgan Chase & Co. boosted their price target on shares of Broadridge Financial Solutions from $191.00 to $201.00 and gave the stock a “neutral” rating in a research note on Wednesday. DA Davidson restated a “buy” rating and set a $214.00 price target on shares of Broadridge Financial Solutions in a research report on Tuesday, October 27th. Morgan Stanley raised their price objective on Broadridge Financial Solutions from $176.00 to $181.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Weiss Ratings upgraded Broadridge Financial Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $212.71.

Broadridge Financial Solutions News Summary

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Broadridge reported quarterly adjusted earnings of $1.56 per share, above the $1.37 consensus, while revenue of $1.67 billion also topped expectations and grew 5% year over year. The company reaffirmed its fiscal 2027 adjusted EPS growth outlook of 8%–12%, supporting confidence in continued growth. How Investors May Respond To Broadridge Financial Solutions (BR) Earnings Beat Broadridge reaffirms fiscal 2027 growth outlook
• Positive Sentiment: Broadridge will provide proxy voting for eligible holders of Dinari’s tokenized U.S. equities, extending its governance services into digital-asset markets. The partnership could create new business opportunities, though its near-term financial contribution was not specified. Broadridge Brings Proxy Voting to Dinari’s dShares Tokenized U.S. Equities
• Neutral Sentiment: JPMorgan raised its price target to $201 from $191 and kept a neutral rating. Morgan Stanley also raised its target, to $181 from $176, but maintained an equal-weight rating; that target is below the share price cited in the reports. The revisions offer mixed signals about near-term valuation. JPMorgan price target Morgan Stanley price target

Broadridge Financial Solutions Stock Performance

NYSE:BR opened at $194.69 on Friday. The firm has a market cap of $22.02 billion, a PE ratio of 21.51 and a beta of 0.90. Broadridge Financial Solutions, Inc. has a fifty-two week low of $133.83 and a fifty-two week high of $233.10. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.24 and a current ratio of 1.21. The business has a 50 day moving average price of $171.99 and a 200-day moving average price of $165.94.

Broadridge Financial Solutions (NYSE:BR) last issued its earnings results on Tuesday, November 3rd. The business services provider reported $1.56 EPS for the quarter, topping the consensus estimate of $1.37 by $0.19. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.65 billion. Broadridge Financial Solutions had a net margin of 13.94% and a return on equity of 40.32%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.51 earnings per share. Equities research analysts predict that Broadridge Financial Solutions, Inc. will post 10.56 earnings per share for the current year.

About Broadridge Financial Solutions

Broadridge Financial Solutions, Inc (NYSE: BR) is a financial technology and business services company that provides communications, data, and technology solutions to financial institutions, public companies, and investors. Its services support the administration and communication of financial information across the investment lifecycle.

The company’s offerings include investor communications, proxy and corporate governance services, securities processing, trade and portfolio management, and technology platforms for wealth and investment management firms.