Brady Corporation (NYSE:BRC – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $81.79 and traded as high as $84.05. Brady shares last traded at $83.02, with a volume of 217,837 shares traded.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on BRC shares. Wall Street Zen downgraded shares of Brady from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.
View Our Latest Stock Report on Brady
Brady Price Performance
Brady (NYSE:BRC – Get Free Report) last issued its earnings results on Thursday, February 19th. The industrial products company reported $1.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.09. The company had revenue of $384.14 million for the quarter, compared to the consensus estimate of $376.14 million. Brady had a return on equity of 18.62% and a net margin of 13.01%.The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.00 EPS. Brady has set its FY 2026 guidance at 4.950-5.150 EPS. On average, equities research analysts forecast that Brady Corporation will post 4.55 EPS for the current fiscal year.
Brady Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 9th will be given a $0.245 dividend. The ex-dividend date is Thursday, April 9th. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. Brady’s dividend payout ratio is presently 22.95%.
Insider Activity
In other Brady news, COO Thomas F. Debruine sold 5,538 shares of Brady stock in a transaction on Monday, January 5th. The shares were sold at an average price of $81.00, for a total transaction of $448,578.00. Following the completion of the sale, the chief operating officer owned 10,181 shares of the company’s stock, valued at $824,661. This trade represents a 35.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 15.60% of the stock is owned by company insiders.
Institutional Trading of Brady
Institutional investors have recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Brady in the 4th quarter worth about $25,000. Richardson Financial Services Inc. lifted its holdings in shares of Brady by 72.1% during the 4th quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock valued at $30,000 after buying an additional 163 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Brady during the 3rd quarter valued at about $31,000. Global Retirement Partners LLC grew its stake in shares of Brady by 42.4% in the 4th quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock valued at $35,000 after buying an additional 134 shares in the last quarter. Finally, Quent Capital LLC acquired a new position in Brady in the third quarter worth approximately $43,000. Institutional investors and hedge funds own 76.28% of the company’s stock.
Brady Company Profile
Brady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments.
Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise.
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