Brady (NYSE:BRC) Reaches New 1-Year High – Should You Buy?

Brady Corporation (NYSE:BRC)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $96.99 and last traded at $95.1850, with a volume of 12155 shares trading hands. The stock had previously closed at $94.61.

Wall Street Analysts Forecast Growth

BRC has been the topic of a number of research analyst reports. Wall Street Zen upgraded Brady from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Weiss Ratings restated 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 given a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Brady Stock Up 1.3%

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 stock’s 50 day moving average price is $83.14 and its 200-day moving average price is $78.61. The company has a market cap of $4.52 billion, a PE ratio of 23.41 and a beta of 0.63.

Brady (NYSE:BRC) last issued its earnings results on Monday, November 17th. The industrial products company reported $1.21 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 company had revenue of $405.29 million for the quarter, compared to analysts’ expectations of $393.65 million. During the same quarter last year, the company earned $1.12 EPS. The firm’s 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, analysts predict that Brady Corporation will post 4.55 earnings per share for the current year.

Brady Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 9th were given a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, January 9th. Brady’s dividend payout ratio (DPR) is presently 23.96%.

Insiders Place Their Bets

In related 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 value of $448,578.00. Following the transaction, the chief operating officer directly owned 10,181 shares of the company’s stock, valued at $824,661. The trade was a 35.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Russell Shaller sold 17,130 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $81.25, for a total transaction of $1,391,812.50. Following the sale, the chief executive officer directly owned 141,421 shares of the company’s stock, valued at $11,490,456.25. The trade was a 10.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 73,586 shares of company stock worth $5,720,907. 15.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Brady

Several large investors have recently bought and sold shares of BRC. Global Retirement Partners LLC raised its position 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 worth $35,000 after acquiring an additional 134 shares in the last quarter. Richardson Financial Services Inc. raised its holdings in Brady by 72.1% in the fourth quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 163 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Brady by 0.8% in the third quarter. Nisa Investment Advisors LLC now owns 20,288 shares of the industrial products company’s stock worth $1,583,000 after purchasing an additional 170 shares in the last quarter. Blue Trust Inc. lifted its position in Brady by 23.9% during the second quarter. Blue Trust Inc. now owns 1,037 shares of the industrial products company’s stock valued at $70,000 after buying an additional 200 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of Brady by 2.2% during 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 buying an additional 200 shares in the last quarter. 76.28% of the stock is owned by institutional investors.

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.