Northwestern Mutual Wealth Management Co. Purchases 142,692 Shares of Broadridge Financial Solutions, Inc. $BR

Posted by Francis Steltz on May 19th, 2026

Northwestern Mutual Wealth Management Co. lifted its position in Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report) by 2,597.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 148,186 shares of the business services provider’s stock after acquiring an additional 142,692 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Broadridge Financial Solutions were worth $33,071,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC grew its stake in shares of Broadridge Financial Solutions by 0.7% in the third quarter. Barclays PLC now owns 1,972,799 shares of the business services provider’s stock valued at $469,862,000 after buying an additional 14,631 shares in the last quarter. New York State Common Retirement Fund grew its stake in shares of Broadridge Financial Solutions by 14.6% in the third quarter. New York State Common Retirement Fund now owns 94,567 shares of the business services provider’s stock valued at $22,523,000 after buying an additional 12,024 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Broadridge Financial Solutions by 46.8% in the third quarter. JPMorgan Chase & Co. now owns 918,700 shares of the business services provider’s stock valued at $218,807,000 after buying an additional 292,801 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Broadridge Financial Solutions by 27.3% in the fourth quarter. Nordea Investment Management AB now owns 290,717 shares of the business services provider’s stock valued at $65,260,000 after buying an additional 62,273 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd grew its stake in shares of Broadridge Financial Solutions by 637.5% in the third quarter. Y Intercept Hong Kong Ltd now owns 50,317 shares of the business services provider’s stock valued at $11,984,000 after buying an additional 43,494 shares in the last quarter. 90.03% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey bought 5,300 shares of the stock in a transaction on Friday, March 6th. The stock was purchased at an average price of $194.49 per share, with a total value of $1,030,797.00. Following the completion of the purchase, the chief executive officer owned 142,876 shares in the company, valued at $27,787,953.24. The trade was a 3.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.10% of the company’s stock.

Broadridge Financial Solutions Stock Up 3.5%

BR stock opened at $150.67 on Tuesday. The company has a market cap of $17.43 billion, a PE ratio of 16.13 and a beta of 0.89. The business has a 50-day simple moving average of $162.39 and a 200 day simple moving average of $194.26. Broadridge Financial Solutions, Inc. has a 52 week low of $139.79 and a 52 week high of $271.91. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.97.

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

Broadridge Financial Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Monday, March 16th were paid a dividend of $0.975 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $3.90 annualized dividend and a yield of 2.6%. Broadridge Financial Solutions’s payout ratio is presently 41.76%.

Analyst Upgrades and Downgrades

BR has been the subject of a number of research analyst reports. Raymond James Financial reaffirmed an “outperform” rating and set a $257.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, February 3rd. Royal Bank Of Canada reduced their price objective on shares of Broadridge Financial Solutions from $245.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on shares of Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. UBS Group reduced their price objective on shares of Broadridge Financial Solutions from $250.00 to $165.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Finally, Weiss Ratings cut shares of Broadridge Financial Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Broadridge Financial Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $221.57.

Get Our Latest Research Report on Broadridge Financial Solutions

About Broadridge Financial Solutions

(Free Report)

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.