Brady (NYSE:BRC) Downgraded by Wall Street Zen to Hold

Wall Street Zen lowered shares of Brady (NYSE:BRC) from a buy rating to a hold rating in a report released on Saturday morning.

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brady in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Brady Trading Up 0.4%

Shares of BRC opened at $96.56 on Friday. Brady has a twelve month low of $62.70 and a twelve month high of $97.58. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $4.56 billion, a P/E ratio of 23.61 and a beta of 0.63. The firm’s 50-day moving average is $83.87 and its two-hundred day moving average is $78.96.

Brady (NYSE:BRC) last announced its quarterly earnings results on Monday, November 17th. The industrial products company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.18 by $0.03. Brady had a return on equity of 19.06% and a net margin of 12.74%.The business had revenue of $405.29 million for the quarter, compared to analyst estimates of $393.65 million. During the same quarter in the previous year, the company earned $1.12 EPS. The company’s quarterly revenue 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, research analysts predict that Brady will post 4.55 earnings per share for the current fiscal year.

Brady Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 9th were issued a dividend of $0.245 per share. The ex-dividend date was Friday, January 9th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.0%. Brady’s payout ratio is 23.96%.

Insiders Place Their Bets

In other Brady news, CEO Russell Shaller sold 17,130 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $81.25, for a total transaction of $1,391,812.50. Following the transaction, the chief executive officer owned 141,421 shares of the company’s stock, valued at $11,490,456.25. This represents a 10.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel Andrew Gorman sold 12,528 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $80.01, for a total value of $1,002,365.28. Following the sale, the general counsel owned 14,153 shares in the company, valued at $1,132,381.53. This trade represents a 46.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 73,586 shares of company stock valued at $5,720,907. 15.60% of the stock is currently owned by insiders.

Institutional Trading of Brady

A number of hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC increased its stake in shares of Brady by 42.4% during the 4th quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 134 shares during the last quarter. Richardson Financial Services Inc. increased its position in Brady by 72.1% during 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 during the last quarter. Nisa Investment Advisors LLC increased its position in Brady by 0.8% during 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 during the last quarter. Blue Trust Inc. raised its stake in Brady by 23.9% during the second quarter. Blue Trust Inc. now owns 1,037 shares of the industrial products company’s stock worth $70,000 after purchasing an additional 200 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted 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 during the last quarter. 76.28% of the stock is owned by institutional investors and hedge funds.

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.