Fenimore Asset Management Inc Buys 4,830 Shares of Broadridge Financial Solutions, Inc. $BR

Fenimore Asset Management Inc raised its stake in Broadridge Financial Solutions, Inc. (NYSE:BR) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 323,621 shares of the business services provider’s stock after purchasing an additional 4,830 shares during the quarter. Broadridge Financial Solutions makes up about 1.5% of Fenimore Asset Management Inc’s portfolio, making the stock its 28th biggest holding. Fenimore Asset Management Inc’s holdings in Broadridge Financial Solutions were worth $72,222,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. First Horizon Corp bought a new position in Broadridge Financial Solutions in the third quarter valued at approximately $25,000. Guerra Advisors Inc bought a new position in Broadridge Financial Solutions in the third quarter valued at approximately $29,000. WPG Advisers LLC grew its stake in Broadridge Financial Solutions by 77.5% in the fourth quarter. WPG Advisers LLC now owns 142 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 62 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in Broadridge Financial Solutions in the fourth quarter valued at approximately $39,000. Finally, ORG Partners LLC grew its stake in Broadridge Financial Solutions by 57.4% in the third quarter. ORG Partners LLC now owns 181 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 66 shares in the last quarter. 90.03% of the stock is currently owned by institutional investors.

Key Broadridge Financial Solutions News

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Q3 results beat Street estimates and management raised FY?26 targets — Broadridge reported $2.72 adjusted EPS vs. $2.63 consensus and $1.95B revenue vs. $1.90B est; recurring revenue grew ~7% and management raised guidance for recurring revenue and adjusted EPS growth (targets now call for ~10–12% adjusted EPS growth). This print supports the stock’s move higher. Broadridge Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Strategic acquisition completed — Broadridge closed its acquisition of CQG, adding futures & options execution management, algo trading and analytics to its connectivity and order management stack. The deal expands addressable market in trading services and can boost cross?sell and fee?based revenue. Broadridge Completes Acquisition of CQG
• Neutral Sentiment: Needham lowers price target (still a Buy) — Needham cut its PT from $255 to $230 but maintained a Buy rating, implying substantial upside from current levels; the change signals tempered near?term upside expectations while keeping a constructive view. Needham Price Target Cut
• Neutral Sentiment: RBC trims target but keeps Outperform — Royal Bank of Canada lowered its PT to $200 from $245 while retaining an Outperform rating, showing analysts still favor the business despite lower target levels. RBC Price Target Change
• Negative Sentiment: Sales cadence and margin dynamics show friction — management disclosed closed sales decline ( ~$58M vs. $71M prior, down ~19%) and slight operating margin pressure vs. the prior year, which could limit upside if the weaker sales trend persists. This is a cautionary data point beneath the positive headline numbers. Q3 Results — Detail

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BR shares. Wall Street Zen downgraded Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. 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. Needham & Company LLC reduced their target price on Broadridge Financial Solutions from $255.00 to $230.00 and set a “buy” rating for the company in a research note on Friday. Royal Bank Of Canada reduced their target price on Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday. Finally, DA Davidson reiterated a “buy” rating and set a $228.00 target price on shares of Broadridge Financial Solutions in a research note on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $235.71.

Insider Activity at Broadridge Financial Solutions

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

Broadridge Financial Solutions Stock Performance

Shares of NYSE BR opened at $155.22 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. Broadridge Financial Solutions, Inc. has a 12 month low of $149.05 and a 12 month high of $271.91. The stock has a 50 day moving average of $169.22 and a 200-day moving average of $200.28. The company has a market capitalization of $18.12 billion, a P/E ratio of 16.62 and a beta of 0.89.

Broadridge Financial Solutions (NYSE:BR) last issued its earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.63 by $0.09. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the previous year, the company posted $2.44 EPS. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. As a group, equities research analysts predict that Broadridge Financial Solutions, Inc. will post 9.52 EPS for the current year.

Broadridge Financial Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Monday, March 16th were paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, March 16th. Broadridge Financial Solutions’s payout ratio is currently 43.19%.

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.