Ninety One SA (Pty) 13F: Exits BR Stake

Ninety One SA has completely exited its investment in Broadridge Financial Solutions, Inc. (NYSE: BR), according to a Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026. Because 13F reports look backward at the previous quarter, this disclosure shows portfolio choices made earlier and might not reflect where the fund stands today.

Inside Ninety One SA's Broadridge Financial Trade

During the reporting period, Ninety One SA sold out of the stock by dropping its entire holding of 9,638 shares. The complete liquidation brought the fund's ending share count to zero, wiping out a position previously valued at the prior quarter's close. This move mirrors other recent clean-out trades by the fund in different asset classes during mid-October.

Other Institutional Activity in Broadridge Financial Solutions

Other large money managers also tweaked their portfolio weightings around the same time. Blackrock Inc. trimmed its holdings by 243,226 shares, ending with 10,762,454 shares worth about $1,884,613,326. Vanguard Capital Management LLC reduced its stake by 37,963 shares to finish with 7,554,630 shares valued at about $1,322,891,263. Vanguard Portfolio Management LLC cut its position by 264,108 shares, leaving it with 6,099,941 shares worth roughly $1,068,160,672. Meanwhile, State Street Corporation added 205,446 shares for a total of 5,713,387 shares valued near $1,000,471,201. Charles Schwab Investment Management, Inc. grew its stake by 324,070 shares, closing the period with 3,699,796 shares worth approximately $647,871,279.

Broadridge Financial Solutions, Inc. Stock Down 1.0%

Broadridge shares recently traded around $172.29 as of October 16, 2026. The stock sits above its 50-day moving average of $169.83 and its 200-day moving average of $168.30. Shares remain below the 52-week high of $236.02 while holding above the 52-week low of $133.83.

Recent Earnings

For its trailing twelve months, the company generated $7.48 billion in revenue and reported earnings of $9.60 per share. It posted a net margin of 15.0% and a return on equity of 40.9%. The next quarterly financial report is scheduled for November 3, 2026.

Dividend

Shareholders receive an annual dividend rate of $4.36 per share, which translates to a dividend yield of 2.5%. The payout ratio stands at 40.6% of earnings.

Insider Buying and Selling at Broadridge Financial Solutions, Inc.

Thomas Patrick Carey, an officer at the company, sold 2,501 shares on October 1, 2026, at an average price of $159.76, bringing the total transaction value to $399,560. This trade was executed outside of a planned Rule 10b5-1 schedule.

Analysts Set New Price Targets

On August 5, 2026, RBC Capital maintained its Outperform rating with a price target of $225.00, raising it from $200.00. Morgan Stanley maintained an Equal-Weight rating on August 6, 2026, moving its target to $176.00 from $169.00. Later, on August 31, 2026, RBC Capital kept its Outperform rating and bumped its target up to $226.00. Overall, the stock carries a buy consensus with a mean target price of $213.38 across eight analyst opinions.

About Broadridge Financial Solutions

Broadridge Financial Solutions handles essential investor communications and technology services for financial institutions worldwide. The firm powers proxy voting distribution, regulatory reporting, and processing systems for banks and wealth managers. Institutional decisions to exit or scale back stakes in the company are closely watched as barometers of institutional sentiment toward financial technology providers.

Bottom Line

Investors will look toward the upcoming earnings release on November 3, 2026, for fresh signals on growth and profitability. Institutional filings like this one offer a retrospective look at asset allocation, meaning further updates will show whether other funds follow Ninety One SA's lead or rebuild positions. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.