Brady (NYSE:BRC) Insider Sells $296,190.83 in Stock

Brady Corporation (NYSE:BRC) insider Brett Wilms sold 3,791 shares of Brady stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $78.13, for a total value of $296,190.83. Following the completion of the transaction, the insider owned 7,672 shares in the company, valued at $599,413.36. The trade was a 33.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Brett Wilms also recently made the following trade(s):

• On Wednesday, November 19th, Brett Wilms sold 10,894 shares of Brady stock. The shares were sold at an average price of $74.44, for a total value of $810,949.36.

Brady Trading Down 0.1%

NYSE:BRC opened at $80.39 on Friday. The stock has a fifty day simple moving average of $76.65 and a 200 day simple moving average of $74.12. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 19.66 and a beta of 0.69. Brady Corporation has a 1-year low of $62.70 and a 1-year high of $84.03. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.09.

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

Brady Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 9th will be given a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, January 9th. Brady’s payout ratio is presently 23.96%.

Hedge Funds Weigh In On Brady

A number of hedge funds have recently modified their holdings of BRC. Quarry LP acquired a new stake in Brady during the first quarter valued at $25,000. Advisory Services Network LLC acquired a new position in Brady in the 3rd quarter worth about $31,000. Quent Capital LLC purchased a new stake in shares of Brady during the 3rd quarter worth about $43,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Brady by 89.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 684 shares of the industrial products company’s stock valued at $46,000 after buying an additional 322 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Brady by 156.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,014 shares of the industrial products company’s stock valued at $69,000 after buying an additional 618 shares during the last quarter. 76.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on BRC shares. Weiss Ratings reissued a “buy (b)” rating on shares of Brady in a research note on Wednesday, October 8th. Wall Street Zen lowered Brady from a “buy” rating to a “hold” rating in a research report on Saturday. One 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.com, the company currently has a consensus rating of “Strong Buy”.

About Brady

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.