Broadridge Financial Solutions (NYSE:BR – Get Free Report) updated its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 10.370-10.750 for the period, compared to the consensus estimate of 10.410. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research firms recently issued reports on BR. DA Davidson dropped 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 report on Tuesday, May 5th. Needham & Company LLC cut their target price on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Weiss Ratings cut Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 target price on shares of Broadridge Financial Solutions in a research note on Monday, June 22nd. Finally, UBS Group cut 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 report on Monday, May 4th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $221.57.
Get Our Latest Stock Report on Broadridge Financial Solutions
Broadridge Financial Solutions Trading Down 2.1%
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The business services provider reported $3.82 earnings per share for the quarter, beating the consensus estimate of $3.76 by $0.06. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the previous year, the business posted $3.55 EPS. Broadridge Financial Solutions’s revenue for the quarter was up 7.5% on a year-over-year basis. Broadridge Financial Solutions has set its FY 2027 guidance at 10.370-10.750 EPS. Analysts predict that Broadridge Financial Solutions will post 9.55 EPS for the current year.
Broadridge Financial Solutions Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Thursday, September 3rd will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, September 3rd. This is an increase from Broadridge Financial Solutions’s previous quarterly dividend of $0.97. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 41.76%.
Insider Activity
In related news, insider Hope M. Jarkowski sold 1,966 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $155.00, for a total value of $304,730.00. Following the completion of the sale, the insider directly owned 1 shares in the company, valued at approximately $155. This trade represents a 99.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.10% of the stock is currently owned by corporate insiders.
Key Stories Impacting Broadridge Financial Solutions
Here are the key news stories impacting Broadridge Financial Solutions this week:
- Positive Sentiment: Quarterly results exceeded expectations: Broadridge reported adjusted earnings of $3.82 per share versus the $3.76 consensus estimate, while revenue rose 7.5% year over year to $2.22 billion, topping the $2.17 billion forecast. Recurring revenue increased 8%, and closed sales climbed 39% to $158 million. Broadridge Reports Fourth Quarter and Fiscal Year 2026 Results
- Positive Sentiment: Fiscal 2027 outlook supports continued growth: Management forecast constant-currency recurring-revenue growth of 6% to 8% and adjusted EPS growth of 8% to 12%, reflecting expected contributions from digital, agentic-AI and tokenization initiatives. Broadridge Fiscal 2027 Forecast
- Positive Sentiment: Capital returns were increased: Broadridge raised its quarterly dividend 11.8% to $1.09 per share, marking its 20th consecutive annual increase, and authorized a new $1.5 billion share-repurchase program. Broadridge Dividend and Buyback Announcement
- Positive Sentiment: Analyst support strengthened: Needham analyst Kyle Peterson reiterated a Buy rating and a $230 price target, citing the earnings beat, a rebound in closed sales and strategic growth investments. Broadridge Buy Rating
- Positive Sentiment: Tokenization expansion: Broadridge is collaborating with Payward Services to provide eligible xStocks holders with shareholder communications and proxy-voting capabilities, extending its governance platform into tokenized equities. Broadridge and Payward xStocks Collaboration
- Neutral Sentiment: The fiscal 2027 EPS guidance range of $10.37 to $10.75 brackets the $10.41 consensus estimate, suggesting expectations were largely met rather than materially raised.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of Broadridge Financial Solutions in the fourth quarter valued at approximately $580,000. Empowered Funds LLC increased its holdings in shares of Broadridge Financial Solutions by 41.5% during the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock worth $959,000 after buying an additional 1,160 shares in the last quarter. Woodline Partners LP raised its holdings in Broadridge Financial Solutions by 6.9% in the 1st quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock valued at $2,397,000 after buying an additional 635 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of Broadridge Financial Solutions by 480.8% in the 1st quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock valued at $616,000 after buying an additional 2,106 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in Broadridge Financial Solutions by 8.5% during the second quarter. Cerity Partners LLC now owns 25,523 shares of the business services provider’s stock worth $6,203,000 after buying an additional 2,004 shares during the last quarter. 90.03% of the stock is owned by institutional investors and hedge funds.
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.
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