Rep. Lisa C. McClain Sells Broadridge Financial Solutions, Inc. (NYSE:BR) Shares

Key Points

• Rep. Lisa C. McClain recently sold shares of Broadridge Financial Solutions, Inc., disclosing a transaction in which she sold between $1,001 and $15,000 of stock on July 10th.
• Broadridge Financial Solutions has announced a dividend increase to $0.975 per share, up from the previous dividend of $0.88, with payment planned for October 2nd.
• The company reported earnings per share of $3.55 for the last quarter, surpassing analyst expectations, and has a consensus price target of $261.50 among analysts.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Broadridge Financial Solutions, Inc. NYSE: BR. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadridge Financial Solutions stock on July 10th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Broadridge Financial Solutions Trading Down 0.2%

Shares of NYSE BR traded down $0.5810 during midday trading on Thursday, reaching $261.2790. 143,202 shares of the stock were exchanged, compared to its average volume of 587,917. The company has a market capitalization of $30.60 billion, a price-to-earnings ratio of 36.88 and a beta of 0.94. Broadridge Financial Solutions, Inc. has a 12 month low of $206.95 and a 12 month high of $271.91. The business has a 50-day simple moving average of $246.55 and a two-hundred day simple moving average of $240.27. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.98 and a quick ratio of 0.98.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The business services provider reported $3.55 EPS for the quarter, topping the consensus estimate of $3.51 by $0.04. The firm had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.06 billion. Broadridge Financial Solutions had a net margin of 12.19% and a return on equity of 42.72%. The company's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.50 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.230-9.580 EPS. As a group, equities research analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current year.

Broadridge Financial Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a dividend of $0.975 per share. This is a positive change from Broadridge Financial Solutions's previous quarterly dividend of $0.88. This represents a $3.90 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, September 11th. Broadridge Financial Solutions's payout ratio is 49.65%.

Insider Activity

In related news, Director Maura A. Markus sold 3,556 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $243.08, for a total transaction of $864,392.48. Following the completion of the sale, the director directly owned 30,892 shares in the company, valued at $7,509,227.36. This represents a 10.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Timothy C. Gokey sold 11,000 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $259.29, for a total transaction of $2,852,190.00. Following the transaction, the chief executive officer directly owned 154,634 shares in the company, valued at approximately $40,095,049.86. The trade was a 6.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 150,470 shares of company stock valued at $39,026,774. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BR. Wall Street Zen upgraded shares of Broadridge Financial Solutions from a "hold" rating to a "buy" rating in a research report on Friday, May 9th. Needham & Company LLC upped their price target on shares of Broadridge Financial Solutions from $300.00 to $305.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. UBS Group increased their price objective on shares of Broadridge Financial Solutions from $250.00 to $280.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Morgan Stanley upped their price target on shares of Broadridge Financial Solutions from $222.00 to $261.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $259.00 price target on shares of Broadridge Financial Solutions in a research report on Monday, May 19th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $261.50.

Hedge Funds Weigh In On Broadridge Financial Solutions

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Broadridge Financial Solutions by 2.0% in the second quarter. Vanguard Group Inc. now owns 15,031,420 shares of the business services provider's stock worth $3,653,086,000 after purchasing an additional 298,273 shares in the last quarter. State Street Corp lifted its position in Broadridge Financial Solutions by 0.6% during the second quarter. State Street Corp now owns 5,642,154 shares of the business services provider's stock valued at $1,376,006,000 after purchasing an additional 35,061 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Broadridge Financial Solutions by 50.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,560,316 shares of the business services provider's stock worth $804,952,000 after acquiring an additional 1,186,555 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Broadridge Financial Solutions by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 3,292,241 shares of the business services provider's stock worth $797,031,000 after acquiring an additional 136,386 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Broadridge Financial Solutions by 3.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,751,266 shares of the business services provider's stock worth $425,610,000 after acquiring an additional 61,659 shares during the last quarter. Hedge funds and other institutional investors own 90.03% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Broadridge Financial Solutions

Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.