Broadridge Financial Solutions, Inc. $BR Shares Purchased by Strs Ohio

Key Points

• Strs Ohio boosted its stake in Broadridge by 22.0%, buying 7,005 shares to hold 38,791 shares worth $8.657 million per its latest SEC filing.
• Broadridge topped Q1 expectations with EPS of $2.72 versus $2.63 and revenue of $1.95 billion (up 7.8% year-over-year), and issued FY2026 guidance of 9.41–9.58 EPS (analysts' consensus ~9.52).
• CEO Timothy Gokey purchased 5,300 shares at about $194.49, raising insider ownership to 1.10%, while institutional investors hold 90.03% of the stock.

Strs Ohio increased its holdings in shares of Broadridge Financial Solutions, Inc. (NYSE:BR - Free Report) by 22.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,791 shares of the business services provider's stock after purchasing an additional 7,005 shares during the quarter. Strs Ohio's holdings in Broadridge Financial Solutions were worth $8,657,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC increased its stake in shares of Broadridge Financial Solutions by 0.7% in the 3rd quarter. Barclays PLC now owns 1,972,799 shares of the business services provider's stock worth $469,862,000 after purchasing an additional 14,631 shares in the last quarter. New York State Common Retirement Fund increased its stake in shares of Broadridge Financial Solutions by 14.6% in the 3rd quarter. New York State Common Retirement Fund now owns 94,567 shares of the business services provider's stock worth $22,523,000 after purchasing an additional 12,024 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Broadridge Financial Solutions by 46.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider's stock worth $218,807,000 after purchasing an additional 292,801 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Broadridge Financial Solutions by 27.3% in the 4th quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider's stock worth $65,260,000 after purchasing an additional 62,273 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Broadridge Financial Solutions by 37.1% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,769 shares of the business services provider's stock worth $4,708,000 after buying an additional 5,346 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company's stock.

Broadridge Financial Solutions Stock Down 0.9%

Shares of NYSE:BR opened at $153.79 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. Broadridge Financial Solutions, Inc. has a 12 month low of $149.05 and a 12 month high of $271.91. The company has a 50-day moving average price of $169.22 and a 200 day moving average price of $200.03. The company has a market cap of $17.95 billion, a price-to-earnings ratio of 16.47 and a beta of 0.89.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last announced its quarterly 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 net margin of 15.03% and a return on equity of 40.14%. The firm 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 firm earned $2.44 EPS. The firm's revenue for the quarter 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, equities research analysts predict that Broadridge Financial Solutions, Inc. will post 9.52 earnings per share for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Monday, March 16th were issued a $0.975 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 2.5%. Broadridge Financial Solutions's dividend payout ratio (DPR) is presently 43.19%.

Wall Street Analysts Forecast Growth

BR has been the subject of a number of analyst reports. Weiss Ratings lowered Broadridge Financial Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 6th. Wall Street Zen lowered Broadridge Financial Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. Raymond James Financial reiterated an "outperform" rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. cut their price target on Broadridge Financial Solutions from $273.00 to $229.00 and set a "neutral" rating for the company in a research note on Wednesday, February 4th. 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. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $223.57.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey purchased 5,300 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the acquisition, the chief executive officer owned 142,876 shares in the company, valued at approximately $27,787,953.24. The trade was a 3.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert N. Duelks sold 253 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the completion of the transaction, the director directly owned 20,815 shares of the company's stock, valued at approximately $4,008,969. The trade was a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by company insiders.

Broadridge Financial Solutions 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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