Broadridge Financial Solutions, Inc. (NYSE:BR) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Broadridge Financial Solutions, with four buy ratings and four holds among eight firms. The average 12-month price target is $216, above the reported share price of $173.01.
• Broadridge beat quarterly expectations, reporting $3.82 in EPS versus the $3.76 consensus and $2.22 billion in revenue, up 7.5% year over year.
• The company raised its quarterly dividend to $1.09 per share, or $4.36 annually, implying a 2.5% yield; institutional investors own approximately 90% of the stock.

Broadridge Financial Solutions, Inc. (NYSE:BR - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $216.00.

A number of analysts have recently commented on BR shares. UBS Group restated a "neutral" rating and issued a $180.00 price target on shares of Broadridge Financial Solutions in a report on Monday, August 17th. Morgan Stanley increased their price objective on Broadridge Financial Solutions from $169.00 to $176.00 and gave the stock an "equal weight" rating in a report on Thursday, August 6th. Royal Bank Of Canada boosted their target price on Broadridge Financial Solutions from $225.00 to $226.00 and gave the company an "outperform" rating in a research note on Monday, August 31st. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Broadridge Financial Solutions in a research report on Friday, August 7th.

Broadridge Financial Solutions Stock Performance

Shares of NYSE:BR opened at $173.01 on Tuesday. The business has a fifty day moving average of $161.89 and a 200-day moving average of $160.42. The firm has a market cap of $19.73 billion, a PE ratio of 17.98 and a beta of 0.90. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.24 and a current ratio of 1.24. Broadridge Financial Solutions has a twelve month low of $133.83 and a twelve month high of $255.74.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The business services provider reported $3.82 EPS for the quarter, topping analysts' consensus estimates of $3.76 by $0.06. Broadridge Financial Solutions had a net margin of 15.04% and a return on equity of 40.25%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the firm earned $3.55 EPS. The company's revenue was up 7.5% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2027 guidance at 10.370-10.750 EPS. On average, equities research analysts predict that Broadridge Financial Solutions will post 10.54 EPS for the current fiscal year.

Broadridge Financial Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Thursday, September 3rd will be paid a $1.09 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $4.36 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from Broadridge Financial Solutions's previous quarterly dividend of $0.97. Broadridge Financial Solutions's dividend payout ratio (DPR) is presently 45.32%.

Institutional Investors Weigh In On Broadridge Financial Solutions

Several large investors have recently made changes to their positions in BR. Great Valley Advisor Group Inc. increased its holdings in Broadridge Financial Solutions by 5.3% during the second quarter. Great Valley Advisor Group Inc. now owns 994 shares of the business services provider's stock worth $242,000 after buying an additional 50 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its stake in Broadridge Financial Solutions by 3.9% in the third quarter. Moneta Group Investment Advisors LLC now owns 1,608 shares of the business services provider's stock valued at $383,000 after acquiring an additional 61 shares during the last quarter. Bontempo Ohly Capital Mgmt LLC grew its position in shares of Broadridge Financial Solutions by 0.3% during the 4th quarter. Bontempo Ohly Capital Mgmt LLC now owns 18,895 shares of the business services provider's stock valued at $4,217,000 after acquiring an additional 62 shares during the period. Appleton Partners Inc. MA grew its position in shares of Broadridge Financial Solutions by 0.5% during the 1st quarter. Appleton Partners Inc. MA now owns 12,137 shares of the business services provider's stock valued at $1,972,000 after acquiring an additional 65 shares during the period. Finally, Advisory Services Network LLC increased its stake in shares of Broadridge Financial Solutions by 0.5% during the 4th quarter. Advisory Services Network LLC now owns 14,580 shares of the business services provider's stock worth $3,254,000 after purchasing an additional 70 shares during the last quarter. 90.03% of the stock is owned by hedge funds and other 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.

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