Insider Selling: Brady (NYSE:BRC) COO Sells 5,538 Shares of Stock

Brady Corporation (NYSE:BRC) COO Thomas Debruine sold 5,538 shares of Brady stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 10,181 shares of the company’s stock, valued at approximately $824,661. This trade represents a 35.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Brady Price Performance

NYSE BRC traded up $0.33 during trading hours on Tuesday, reaching $81.13. The company’s stock had a trading volume of 41,895 shares, compared to its average volume of 131,886. The company’s 50-day moving average is $78.14 and its two-hundred day moving average is $75.40. Brady Corporation has a 1-year low of $62.70 and a 1-year high of $84.03. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.07 and a quick ratio of 1.39.

Brady (NYSE:BRC) last released its quarterly earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.03. Brady had a net margin of 12.74% and a return on equity of 19.06%. The firm had revenue of $405.29 million during the quarter, compared to the consensus estimate of $393.65 million. During the same quarter in the prior year, the firm earned $1.12 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. On average, equities analysts predict that Brady Corporation will post 4.55 EPS for the current year.

Brady Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 9th will be given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, January 9th. Brady’s dividend payout ratio is 23.96%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC boosted its stake in shares of Brady by 0.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 20,288 shares of the industrial products company’s stock valued at $1,583,000 after buying an additional 170 shares during the period. Blue Trust Inc. increased its position in shares of Brady by 23.9% in the 2nd quarter. Blue Trust Inc. now owns 1,037 shares of the industrial products company’s stock valued at $70,000 after purchasing an additional 200 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Brady by 2.2% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,186 shares of the industrial products company’s stock valued at $717,000 after purchasing an additional 200 shares in the last quarter. apricus wealth LLC grew its stake in shares of Brady by 7.4% during the third quarter. apricus wealth LLC now owns 3,206 shares of the industrial products company’s stock worth $250,000 after purchasing an additional 221 shares in the last quarter. Finally, Amalgamated Bank increased its holdings in Brady by 2.1% in the third quarter. Amalgamated Bank now owns 11,184 shares of the industrial products company’s stock valued at $873,000 after buying an additional 228 shares during the last quarter. 76.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BRC shares. Weiss Ratings restated a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. Wall Street Zen lowered Brady from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Strong Buy”.

About Brady

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.