Nucor earnings beat by $0.08, revenue fell short of estimates
Robert N. Duelks, a director at Broadridge Financial Solutions , Inc. (NYSE:BR), recently sold 500 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The sale comes as the $28.9 billion financial technology company trades near its 52-week high of $247.01. The shares were sold at an average price of $245.15, totaling approximately $122,574. Following this transaction, Duelks holds 19,858 shares directly. Additionally, through various indirect holdings, including BOMAR II LLC and two revocable trusts, Duelks maintains ownership of additional shares, reflecting his continued investment in the company. The stock has demonstrated strong performance, delivering a 26% return over the past year, with an impressive track record of raising dividends for 18 consecutive years. InvestingPro analysis indicates the stock is currently trading above its Fair Value.
In other recent news, Broadridge Financial Solutions reported its third-quarter 2025 earnings, showing an adjusted earnings per share (EPS) of $2.44, surpassing the forecasted $2.41. However, the company’s revenue of $1.81 billion fell short of the anticipated $1.85 billion. Despite this revenue miss, Broadridge revised its full-year closed sales guidance to between $240 million and $300 million. RBC Capital Markets has maintained an Outperform rating for Broadridge, with a price target of $259, highlighting the company’s strong financial flexibility and recent launch of a Wealth Management platform. Similarly, Needham initiated coverage on Broadridge with a Buy rating and a $300 price target, citing the company’s comprehensive product suite and shareholder-friendly capital allocation strategy. The firm’s strategic focus on mergers and acquisitions, alongside dividends and stock buybacks, is noted as a justification for the premium valuation. These recent developments reflect Broadridge’s continued commitment to growth and resilience amidst economic uncertainties.
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