New Age Alpha Advisors LLC Buys 12,569 Shares of Broadridge Financial Solutions, Inc. $BR

New Age Alpha Advisors LLC lifted its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 51.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,911 shares of the business services provider’s stock after acquiring an additional 12,569 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Broadridge Financial Solutions were worth $8,237,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Guerra Advisors Inc bought a new stake in shares of Broadridge Financial Solutions in the third quarter worth approximately $29,000. WPG Advisers LLC grew its stake in shares of Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock worth $32,000 after acquiring an additional 62 shares during the period. Lodestone Wealth Management LLC bought a new stake in shares of Broadridge Financial Solutions in the fourth quarter worth approximately $39,000. Bank of Jackson Hole Trust grew its stake in shares of Broadridge Financial Solutions by 50.0% in the third quarter. Bank of Jackson Hole Trust now owns 183 shares of the business services provider’s stock worth $44,000 after acquiring an additional 61 shares during the period. Finally, Fulcrum Asset Management LLP bought a new stake in shares of Broadridge Financial Solutions in the third quarter worth approximately $47,000. 90.03% of the stock is currently owned by institutional investors.

Broadridge Financial Solutions Stock Performance

Shares of NYSE BR opened at $150.55 on Monday. The firm has a 50 day moving average of $159.25 and a 200 day moving average of $192.26. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $17.41 billion, a price-to-earnings ratio of 16.12 and a beta of 0.89. Broadridge Financial Solutions, Inc. has a 12-month low of $139.79 and a 12-month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.09. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.44 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, research analysts anticipate that Broadridge Financial Solutions, Inc. will post 9.55 earnings per share for the current year.

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be given a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, June 12th. Broadridge Financial Solutions’s payout ratio is 41.76%.

Analysts Set New Price Targets

BR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their price target on shares of 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. Royal Bank Of Canada reduced their price target on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. UBS Group reduced their price target on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. DA Davidson reduced their price target on shares of Broadridge Financial Solutions from $228.00 to $214.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Broadridge Financial Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $221.57.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey bought 5,300 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the transaction, the chief executive officer owned 142,876 shares of the company’s stock, valued at $27,787,953.24. This represents a 3.85% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

About Broadridge Financial Solutions

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.