# Broadridge Financial Solutions, Inc. (BR)

> Source: Nexqual · https://nexqual.com/BR · data as of 2026-10-29 19:59 UTC · cite as "Nexqual, Broadridge Financial Solutions, Inc. (BR), nexqual.com/BR" · informational, not investment advice.

**Price:** USD 178.14 (+0.66% on the day) · last close of Oct 29, 2026; US market after hours, not a live price. Prev close 176.97 · day 176.76–179.46 · 52w 133.83–233.1 · market cap $20.1B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $7.48B, net income $1.12B (15.0% margin), free cash flow $1.28B (SEC filings).
- Valuation: P/E 17.9x (avg 27.4x at the last 3 fiscal year-ends), EV/EBITDA 16.0x, net debt $2.85B.
- 2 of 80 tracked superinvestors hold BR (13F, Q2 2026): 1 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $704K; 2 not under a Rule 10b5-1 plan ($704K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (9 analysts), mean target USD 213.38 (range 176–250).
- Total return with dividends: 1Y -17.6% vs S&P 500 +13.1%; 5Y +9.3% vs S&P 500 +79.0%.
- Next earnings: 2026-11-03, EPS estimate USD 1.37, revenue estimate $1.65B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.71B | $6.06B | $6.51B | $6.89B | $7.48B | $7.48B |
| Gross profit | $1.59B | $1.79B | $1.93B | $2.14B | $2.38B | — |
| Operating income | $760M | $936M | $1.02B | $1.19B | $1.30B | $1.30B |
| Net income | $539M | $631M | $698M | $840M | $1.12B | $1.12B |
| EPS (diluted) | $4.55 | $5.30 | $5.86 | $7.10 | $9.60 | — |
| Free cash flow | $415M | $785M | $999M | $1.13B | $1.28B | $1.28B |
| Gross margin | 27.9% | 29.5% | 29.7% | 31.0% | 31.8% | — |
| Operating margin | 13.3% | 15.4% | 15.6% | 17.3% | 17.4% | 17.4% |
| Net margin | 9.4% | 10.4% | 10.7% | 12.2% | 15.0% | 15.0% |
| Revenue growth | +14.3% | +6.2% | +7.4% | +5.9% | +8.5% | — |
| Cash + short-term investments | $225M | $253M | $305M | $562M | $404M | — |
| Total debt | $3.79B | $3.41B | $3.36B | $3.25B | $3.25B | — |
Fiscal years end Jun. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 17.9x · P/S 2.7x · EV/EBITDA 16.0x · EV/Sales 3.1x · P/FCF 15.7x · P/B 7.1x · FCF yield 6.36% · Earnings yield 5.59% · Dividend yield (paid, TTM) 2.21% · Buyback yield (TTM) 3.00% · Net debt $2.85B · EV $23.0B
P/E at fiscal year-ends: Jun 2026 14.3x, Jun 2025 34.2x, Jun 2024 33.6x.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold BR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Yacktman Asset Management |  | 1.49% | $120M | New position |
| Jensen Investment Management |  | 1.26% | $52.1M | Reduced -55.6% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Carey Thomas P | Corporate VP | 2,501 | $400K | 22.1% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-04 | Jarkowski Hope M. | Chief Legal Officer | 1,966 | $305K | 99.9% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 9 analysts; mean target USD 213.38 (low 176, high 250).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-27 | DA Davidson | Maintained | Buy | $214 |
| 2026-08-31 | RBC Capital | Target raised | Outperform | $225 → $226 |
| 2026-08-06 | Morgan Stanley | Target raised | Equal-Weight | $169 → $176 |
| 2026-08-05 | RBC Capital | Target raised | Outperform | $200 → $225 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -17.6% | +9.3% |
| S&P 500 (SPY) | +13.1% | +79.0% |
| Per year | -17.6% | +1.8% |
| Volatility (annualized) | 29.8% | 24.6% |
| Max drawdown | -40.7% (Dec 2025→Jun 2026) | -47.2% (Aug 2025→Jun 2026) |

## Peers (Information Technology Services)
CDW (CDW Corporation) USD 165.2 +1.56% · WIT (Wipro Limited) USD 2.11 +2.18% · FIS (Fidelity National Information S) USD 37.28 +2.19% · LDOS (Leidos Holdings, Inc.) USD 141.02 +1.02% · GIB (CGI Inc.) USD 79.62 +0.38% · FISV (Fiserv, Inc.) USD 48.48 +1.30%

## More
Full page: https://nexqual.com/BR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.37 | $1.52 | -9.7% | $1.65B | 8 |
| Next quarter (ends 2026-12-31) | $1.78 | $1.75 | +1.9% | $1.79B | 8 |
| Current fiscal year (ends 2027-06-30) | $10.55 | $10.42 | +1.3% | $7.86B | 9 |
| Next fiscal year (ends 2028-06-30) | $11.57 | $11.45 | +1.1% | $8.24B | 9 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $3.82 | $3.76 | Beat +1.6% | — |
| — | Quarter ended Mar 31, 2026 | $2.72 | $2.60 | Beat +4.6% | — |
| — | Quarter ended Dec 31, 2025 | $1.59 | $1.36 | Beat +16.9% | — |
| — | Quarter ended Sep 30, 2025 | $1.51 | $1.25 | Beat +20.8% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-23 | 8-K | Other material event — “On September 29, 2026, Broadridge Financial Solutions, Inc. (the "Company") moved its headquarters to 605 Third Avenue, New York, New York 10158. The Company's telephone number has changed to: (212) 918-6900.” | https://www.sec.gov/Archives/edgar/data/1383312/000138331226000026/0001383312-26-000026-index.htm |
| 2026-09-29 | DEFA14A | Additional proxy material | https://www.sec.gov/Archives/edgar/data/1383312/000114036126037938/0001140361-26-037938-index.htm |
| 2026-09-29 | DEF 14A | Proxy statement (pay, board, votes) · period ended Nov 10, 2026 | https://www.sec.gov/Archives/edgar/data/1383312/000114036126037937/0001140361-26-037937-index.htm |
| 2026-08-04 | 10-K | Annual report · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1383312/000162828026052243/0001628280-26-052243-index.htm |
| 2026-08-04 | 8-K | Quarterly results; Other material event — “On August 3, 2026, Broadridge's Board of Directors (the "Board") declared a quarterly dividend of $1.09 per share payable on October 5, 2026 to stockholders of record on September 3, 2026. This declaration reflects the Board's approval of a 12% increase in the annual dividend from $3.90 to $4.36 per share, subject to the discretion of the Board to declare quarterly dividends. A copy of the press release announcing this dividend declaration is attached hereto as Exhibit 99.1 On August 3, 2026, the Board authorized…” | https://www.sec.gov/Archives/edgar/data/1383312/000138331226000022/0001383312-26-000022-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.