Seizert Capital Partners LLC Sells 14,569 Shares of Brady Corporation $BRC

Seizert Capital Partners LLC decreased its stake in shares of Brady Corporation (NYSE:BRC) by 7.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 193,892 shares of the industrial products company’s stock after selling 14,569 shares during the quarter. Seizert Capital Partners LLC owned about 0.41% of Brady worth $15,129,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Amalgamated Bank lifted its holdings in shares of Brady by 2.1% in the 3rd quarter. Amalgamated Bank now owns 11,184 shares of the industrial products company’s stock worth $873,000 after purchasing an additional 228 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Brady in the 3rd quarter worth about $238,000. Evergreen Capital Management LLC acquired a new position in Brady during the 3rd quarter valued at about $287,000. Quent Capital LLC bought a new stake in Brady during the 3rd quarter worth approximately $43,000. Finally, Nordea Investment Management AB raised its stake in shares of Brady by 1.3% in the third quarter. Nordea Investment Management AB now owns 97,887 shares of the industrial products company’s stock worth $7,535,000 after purchasing an additional 1,278 shares during the last quarter. Institutional investors and hedge funds own 76.28% of the company’s stock.

Insiders Place Their Bets

In other Brady news, COO Thomas F. Debruine sold 5,538 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $81.00, for a total transaction of $448,578.00. Following the completion of the sale, the chief operating officer directly owned 10,181 shares in the company, valued at $824,661. The trade was a 35.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brett Wilms sold 10,894 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $74.44, for a total value of $810,949.36. Following the completion of the sale, the insider owned 7,672 shares in the company, valued at $571,103.68. This represents a 58.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 73,586 shares of company stock worth $5,720,907 in the last quarter. Insiders own 15.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BRC shares. Wall Street Zen upgraded Brady from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, Brady presently has an average rating of “Strong Buy”.

Brady Stock Performance

NYSE BRC opened at $84.24 on Tuesday. Brady Corporation has a 12-month low of $62.70 and a 12-month high of $84.49. The firm has a market cap of $3.97 billion, a P/E ratio of 20.42 and a beta of 0.65. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $79.50 and its 200-day moving average is $76.41.

Brady (NYSE:BRC) last announced its earnings results 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 company had revenue of $405.29 million during the quarter, compared to analyst estimates of $393.65 million. Brady had a net margin of 12.74% and a return on equity of 19.06%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 earnings per share. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. Sell-side analysts predict that Brady Corporation will post 4.55 earnings per share for the current year.

Brady Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 9th will be paid a dividend of $0.245 per share. The ex-dividend date 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 presently 23.96%.

About Brady

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.