Rep. Rick Larsen Sells Off Shares of Broadridge Financial Solutions, Inc. (NYSE:BR)

Key Points

• Representative Rick Larsen sold between $1,001 and $15,000 of Broadridge Financial Solutions (NYSE:BR) on April 7 from his "RICHARD R LARSEN IRA" account, and executed multiple other buys and sells that day across several names.
• Broadridge recently beat quarterly estimates with $1.59 EPS (vs. $1.34 est.) and $1.71B revenue, set FY‑2026 guidance of 9.32–9.58 EPS, and pays a quarterly dividend of $0.975 (annualized $3.90, ~2.4% yield); analysts are mixed with a MarketBeat average rating of "Moderate Buy" and a $247.71 target.

Representative Rick Larsen (Democratic-Washington) recently sold shares of Broadridge Financial Solutions, Inc. NYSE: BR. In a filing disclosed on April 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Broadridge Financial Solutions stock on April 7th. The trade occurred in the Representative's "RICHARD R LARSEN IRA" account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of American Water Works NYSE: AWK on 4/7/2026.
• Sold $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 4/7/2026.
• Sold $1,001 - $15,000 in shares of American Express NYSE: AXP on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of Wabtec NYSE: WAB on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of Carrier Global NYSE: CARR on 4/7/2026.
• Sold $1,001 - $15,000 in shares of Sonida Senior Living NYSE: SNDA on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of Casey's General Stores NASDAQ: CASY on 4/7/2026.

Broadridge Financial Solutions Trading Up 0.8%

BR opened at $162.19 on Friday. The firm has a market capitalization of $18.94 billion, a price-to-earnings ratio of 17.96 and a beta of 1.01. The company's 50 day simple moving average is $172.46 and its two-hundred day simple moving average is $205.83. Broadridge Financial Solutions, Inc. has a 1-year low of $150.10 and a 1-year high of $271.91. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.97.

Broadridge Financial Solutions (NYSE:BR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.25. The firm had revenue of $1.71 billion for the quarter, compared to analysts' expectations of $1.61 billion. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. The company's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Analysts expect that Broadridge Financial Solutions, Inc. will post 8.53 EPS for the current fiscal 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 given 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 yield of 2.4%. Broadridge Financial Solutions's payout ratio is presently 43.19%.

Wall Street Analysts Forecast Growth

BR has been the subject of a number of research reports. Needham & Company LLC restated a "buy" rating and issued a $255.00 price objective on shares of Broadridge Financial Solutions in a report on Monday, April 6th. JPMorgan Chase & Co. reduced their target price on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a "neutral" rating on the stock in a report on Wednesday, February 4th. Weiss Ratings cut shares of Broadridge Financial Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 6th. Raymond James Financial restated an "outperform" rating and issued a $257.00 price target on shares of Broadridge Financial Solutions in a research note on Tuesday, February 3rd. Finally, DA Davidson reiterated a "buy" rating and issued a $228.00 price objective on shares of Broadridge Financial Solutions in a research note on Tuesday, February 10th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Broadridge Financial Solutions currently has an average rating of "Moderate Buy" and an average target price of $247.71.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. CX Institutional boosted its position in Broadridge Financial Solutions by 2.8% during the third quarter. CX Institutional now owns 1,633 shares of the business services provider's stock worth $389,000 after purchasing an additional 44 shares during the period. Signaturefd LLC raised its position in shares of Broadridge Financial Solutions by 2.2% in the third quarter. Signaturefd LLC now owns 2,090 shares of the business services provider's stock valued at $498,000 after purchasing an additional 45 shares during the period. Strategic Blueprint LLC lifted its stake in shares of Broadridge Financial Solutions by 5.6% during the 3rd quarter. Strategic Blueprint LLC now owns 880 shares of the business services provider's stock worth $210,000 after buying an additional 47 shares during the last quarter. Patton Fund Management Inc. lifted its stake in shares of Broadridge Financial Solutions by 5.3% during the 4th quarter. Patton Fund Management Inc. now owns 974 shares of the business services provider's stock worth $217,000 after buying an additional 49 shares during the last quarter. Finally, Great Valley Advisor Group Inc. boosted its holdings in shares of Broadridge Financial Solutions by 5.3% during the 2nd 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 period. Hedge funds and other institutional investors own 90.03% of the company's stock.

Insider Transactions at Broadridge Financial Solutions

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

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the 2026 election. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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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