Key Points
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Brady Corporation (NYSE:BRC - Get Free Report) COO Thomas Debruine sold 5,538 shares of Brady stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $81.00, for a total value of $448,578.00. Following the completion of the transaction, the chief operating officer owned 10,181 shares in the company, valued at $824,661. This trade represents a 35.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Brady Stock Performance
BRC stock opened at $80.67 on Wednesday. Brady Corporation has a one year low of $62.70 and a one year high of $84.03. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 19.72 and a beta of 0.65. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 2.07. The firm has a 50-day simple moving average of $78.20 and a two-hundred day simple moving average of $75.50.
Brady (NYSE:BRC - Get Free Report) last issued its quarterly earnings data on Monday, November 17th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $393.65 million. During the same quarter in the previous year, the firm earned $1.12 EPS. The company'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. On average, equities analysts forecast that Brady Corporation will post 4.55 EPS for the current fiscal year.
Brady Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 9th will be given a dividend of $0.245 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.2%. Brady's dividend payout ratio is presently 23.96%.
Institutional Trading of Brady
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in Brady during the 1st quarter valued at about $25,000. Royal Bank of Canada boosted its position in Brady by 380.3% in the first quarter. Royal Bank of Canada now owns 6,451 shares of the industrial products company's stock valued at $456,000 after buying an additional 5,108 shares during the last quarter. Hancock Whitney Corp increased its holdings in Brady by 14.7% in the 1st quarter. Hancock Whitney Corp now owns 3,403 shares of the industrial products company's stock worth $240,000 after buying an additional 437 shares during the period. Jacobs Levy Equity Management Inc. purchased a new position in Brady during the 1st quarter worth approximately $6,775,000. Finally, Millennium Management LLC lifted its stake in Brady by 1,256.9% during the 1st quarter. Millennium Management LLC now owns 185,182 shares of the industrial products company's stock valued at $13,081,000 after acquiring an additional 171,535 shares during the period. Institutional investors and hedge funds own 76.28% of the company's stock.
Analysts Set New Price Targets
Several research analysts recently weighed in on the company. Wall Street Zen downgraded Brady from a "buy" rating to a "hold" rating in a research note on Saturday, December 13th. Weiss Ratings restated a "buy (b)" rating on shares of Brady in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat.com, Brady has an average rating of "Strong Buy".
Check Out Our Latest Research Report on Brady
Brady Company Profile
(
Get Free Report)
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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