Key Points
- Insider sale: Brett Wilms sold 10,894 Brady shares at an average price of $74.44 on Nov. 19 for a total of $810,949.36, reducing his stake by 58.68% to 7,672 shares (SEC filing).
- Quarterly beat and guidance: Brady reported Q results of $1.21 EPS (vs. $1.18 est.) and revenue of $405.29M (vs. $393.65M), and set FY2026 guidance of 4.900–5.150 EPS.
- Dividend increase: The company raised its quarterly dividend to $0.245 (annualized $0.98), a 1.3% yield with a payout ratio near 23.96%.
Brady Corporation (NYSE:BRC - Get Free Report) insider Brett Wilms sold 10,894 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $74.44, for a total transaction of $810,949.36. Following the transaction, the insider directly owned 7,672 shares in the company, valued at approximately $571,103.68. The trade was a 58.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Brady Price Performance
Shares of BRC stock traded up $0.76 on Friday, reaching $77.85. 231,171 shares of the company were exchanged, compared to its average volume of 215,497. Brady Corporation has a 1 year low of $62.70 and a 1 year high of $84.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.88. The business has a 50-day moving average price of $76.64 and a 200 day moving average price of $73.40. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 19.81 and a beta of 0.76.
Brady (NYSE:BRC - Get Free Report) last issued its quarterly earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.18 by $0.03. Brady had a net margin of 12.50% and a return on equity of 19.29%. The firm had revenue of $405.29 million for the quarter, compared to analyst estimates of $393.65 million. During the same period last year, the company posted $1.12 EPS. Brady's quarterly revenue was up 7.5% compared to the same quarter last year. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. Equities research analysts forecast that Brady Corporation will post 4.55 earnings per share for the current fiscal year.
Brady Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 10th were paid a $0.245 dividend. This is a boost from Brady's previous quarterly dividend of $0.24. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, October 10th. Brady's dividend payout ratio is presently 23.96%.
Analyst Ratings Changes
Several research analysts recently commented on BRC shares. Wall Street Zen downgraded Brady from a "buy" rating to a "hold" rating in a research note on Saturday, November 1st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Brady in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Strong Buy".
Get Our Latest Stock Report on BRC
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Neuberger Berman Group LLC grew its holdings in shares of Brady by 196.6% in the first quarter. Neuberger Berman Group LLC now owns 1,614,375 shares of the industrial products company's stock valued at $114,039,000 after purchasing an additional 1,070,000 shares during the period. Franklin Resources Inc. acquired a new position in Brady in the 3rd quarter valued at about $25,208,000. First Trust Advisors LP grew its stake in shares of Brady by 30.7% in the 2nd quarter. First Trust Advisors LP now owns 1,169,245 shares of the industrial products company's stock valued at $79,474,000 after buying an additional 274,982 shares during the period. Champlain Investment Partners LLC increased its holdings in shares of Brady by 63.9% during the 1st quarter. Champlain Investment Partners LLC now owns 672,930 shares of the industrial products company's stock worth $47,536,000 after buying an additional 262,454 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Brady by 1,256.9% during the 1st quarter. Millennium Management LLC now owns 185,182 shares of the industrial products company's stock worth $13,081,000 after buying an additional 171,535 shares during the last quarter. Institutional investors and hedge funds own 76.28% of the company's stock.
Brady Company Profile
(
Get Free Report)
Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification.
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