Paradiem LLC Grows Holdings in Brady Corporation $BRC

Paradiem LLC boosted its position in Brady Corporation (NYSE:BRC) by 17.9% in the third quarter, HoldingsChannel reports. The firm owned 166,374 shares of the industrial products company’s stock after buying an additional 25,236 shares during the quarter. Brady accounts for about 3.0% of Paradiem LLC’s holdings, making the stock its 15th largest holding. Paradiem LLC’s holdings in Brady were worth $12,982,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the company. Quarry LP bought a new position in shares of Brady in the first quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its holdings in Brady by 89.0% during the second quarter. EverSource Wealth Advisors LLC now owns 684 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 322 shares during the period. Tower Research Capital LLC TRC boosted its position in Brady by 156.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,014 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 618 shares during the last quarter. Blue Trust Inc. grew its stake in Brady by 23.9% in the 2nd quarter. Blue Trust Inc. now owns 1,037 shares of the industrial products company’s stock valued at $70,000 after purchasing an additional 200 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Brady during the 2nd quarter valued at $91,000. Institutional investors own 76.28% of the company’s stock.

Insider Buying and Selling at Brady

In other Brady news, Director Elizabeth P. Bruno sold 22,462 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $74.69, for a total transaction of $1,677,686.78. Following the sale, the director owned 575,000 shares of the company’s stock, valued at $42,946,750. The trade was a 3.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $81.25, for a total value of $1,391,812.50. Following the sale, the chief executive officer owned 141,421 shares in the company, valued at approximately $11,490,456.25. This represents a 10.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 73,278 shares of company stock valued at $5,671,221 over the last 90 days. 15.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BRC. Wall Street Zen downgraded shares of Brady from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat, Brady has a consensus rating of “Strong Buy”.

Brady Trading Down 0.2%

Shares of BRC opened at $80.00 on Friday. The business has a 50-day moving average of $77.98 and a 200 day moving average of $74.88. Brady Corporation has a fifty-two week low of $62.70 and a fifty-two week high of $84.03. The firm has a market cap of $3.77 billion, a P/E ratio of 19.56 and a beta of 0.69. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 2.07.

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

Brady Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 9th will be issued a $0.245 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.98 annualized dividend and a yield of 1.2%. Brady’s dividend payout ratio (DPR) is 23.96%.

Brady 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.