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

Brady Corporation (NYSE:BRC) insider Brett Wilms sold 3,791 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $78.13, for a total value of $296,190.83. Following the sale, the insider owned 7,672 shares of the company’s stock, valued at approximately $599,413.36. This represents a 33.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 Stock Up 1.1%

Shares of BRC stock traded up $0.88 during trading hours on Thursday, reaching $80.22. 17,897 shares of the company’s stock were exchanged, compared to its average volume of 215,506. Brady Corporation has a 1 year low of $62.70 and a 1 year high of $84.03. The stock has a market cap of $3.78 billion, a PE ratio of 19.68 and a beta of 0.69. 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 stock’s fifty day moving average price is $76.57 and its two-hundred day moving average price is $73.98.

Brady (NYSE:BRC) last released its earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.03. The company 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%. Brady’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.12 EPS. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. Research analysts predict that Brady Corporation will post 4.55 EPS for the current year.

Brady Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. Brady’s payout ratio is currently 23.96%.

Institutional Investors Weigh In On Brady

Hedge funds and other institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its position in shares of Brady by 0.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 20,288 shares of the industrial products company’s stock valued at $1,583,000 after buying an additional 170 shares in the last quarter. Blue Trust Inc. grew its position in shares of Brady by 23.9% in the second 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. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in shares of Brady by 2.2% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,186 shares of the industrial products company’s stock worth $717,000 after purchasing an additional 200 shares in the last quarter. apricus wealth LLC raised its position in shares of Brady by 7.4% during the 3rd quarter. apricus wealth LLC now owns 3,206 shares of the industrial products company’s stock worth $250,000 after purchasing an additional 221 shares during the last quarter. Finally, Amalgamated Bank lifted its stake in Brady by 2.1% in the 3rd quarter. Amalgamated Bank now owns 11,184 shares of the industrial products company’s stock valued at $873,000 after buying an additional 228 shares in the last quarter. Institutional investors and hedge funds own 76.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on BRC shares. Weiss Ratings reissued a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Brady from a “hold” rating to a “buy” rating in a research note on Saturday, November 29th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the company currently has an average 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.