Varma Mutual Pension Insurance Co Purchases New Position in Broadridge Financial Solutions, Inc. $BR

Key Points

• Varma Mutual Pension Insurance Co bought a new stake of 65,900 shares in Broadridge (NYSE:BR) in Q4, valued at about $14.7 million and representing roughly 0.06% of the company.
• Broadridge beat Q1 estimates with $2.72 EPS vs. $2.63 expected and $1.95B revenue vs. $1.90B expected, and issued FY2026 guidance of 9.41–9.58 EPS (analyst consensus ~9.52).
• CEO Timothy C. Gokey purchased 5,300 shares at an average $194.49, raising his stake to 142,876 shares, a notable insider buy while insiders own about 1.1% of the stock.

Varma Mutual Pension Insurance Co purchased a new stake in shares of Broadridge Financial Solutions, Inc. (NYSE:BR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 65,900 shares of the business services provider's stock, valued at approximately $14,707,000. Varma Mutual Pension Insurance Co owned approximately 0.06% of Broadridge Financial Solutions as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. First Horizon Corp bought a new stake in Broadridge Financial Solutions in the 3rd quarter worth approximately $25,000. Guerra Advisors Inc bought a new stake in Broadridge Financial Solutions in the 3rd quarter worth approximately $29,000. WPG Advisers LLC grew its position in Broadridge Financial Solutions by 77.5% in the 4th quarter. WPG Advisers LLC now owns 142 shares of the business services provider's stock worth $32,000 after purchasing an additional 62 shares during the period. Lodestone Wealth Management LLC bought a new stake in Broadridge Financial Solutions in the 4th quarter worth approximately $39,000. Finally, ORG Partners LLC grew its position in Broadridge Financial Solutions by 57.4% in the 3rd quarter. ORG Partners LLC now owns 181 shares of the business services provider's stock worth $44,000 after purchasing an additional 66 shares during the period. Institutional investors own 90.03% of the company's stock.

Broadridge Financial Solutions Trading Down 0.9%

Shares of Broadridge Financial Solutions stock opened at $153.79 on Tuesday. The company's fifty day simple moving average is $169.22 and its 200-day simple moving average is $200.03. The stock has a market capitalization of $17.95 billion, a PE ratio of 16.47 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 1-year low of $149.05 and a 1-year high of $271.91. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last issued its quarterly 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 business had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The company's revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, equities analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.52 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Monday, March 16th were paid a dividend of $0.975 per share. The ex-dividend date 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 payout ratio is 41.76%.

Insiders Place Their Bets

In other news, CEO Timothy C. Gokey bought 5,300 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the purchase, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. This represents a 3.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.60, for a total transaction of $48,727.80. Following the transaction, the director owned 20,815 shares in the company, valued at approximately $4,008,969. This trade represents a 1.20% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Raymond James Financial reaffirmed an "outperform" rating and issued a $257.00 target price on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Wall Street Zen cut shares of Broadridge Financial Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. DA Davidson reiterated a "buy" rating and set a $228.00 price target on shares of Broadridge Financial Solutions in a research note on Wednesday, April 22nd. UBS Group dropped their price target on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a "neutral" rating on the stock in a research note on Monday. Finally, Weiss Ratings cut shares of Broadridge Financial Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 6th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $223.57.

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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