Inspire Investing LLC Has $4.41 Million Holdings in Brady Corporation $BRC

Inspire Investing LLC grew its holdings in Brady Corporation (NYSE:BRC) by 15.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,222 shares of the industrial products company’s stock after purchasing an additional 7,123 shares during the quarter. Inspire Investing LLC owned approximately 0.11% of Brady worth $4,405,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Flagship Harbor Advisors LLC acquired a new position in Brady in the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. grew its holdings in Brady by 72.1% during the 4th quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 163 shares during the period. Advisory Services Network LLC acquired a new stake in Brady during the 3rd quarter worth $31,000. Global Retirement Partners LLC raised its position 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. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Brady by 89.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 684 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 322 shares during the period. Institutional investors and hedge funds own 76.28% of the company’s stock.

Brady Stock Down 0.4%

Shares of Brady stock opened at $89.93 on Tuesday. The company has a market capitalization of $4.24 billion, a P/E ratio of 20.49 and a beta of 0.62. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.01 and a quick ratio of 1.36. The business has a 50-day moving average of $83.26 and a two-hundred day moving average of $84.53. Brady Corporation has a 1 year low of $67.66 and a 1 year high of $99.29.

Brady (NYSE:BRC) last released its quarterly earnings data on Monday, May 18th. The industrial products company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.15. The business had revenue of $435.24 million for the quarter, compared to analysts’ expectations of $406.07 million. Brady had a return on equity of 19.01% and a net margin of 12.93%.Brady’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.22 EPS. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. As a group, equities analysts predict that Brady Corporation will post 5.25 EPS for the current year.

Brady Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 10th will be paid a $0.245 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. Brady’s dividend payout ratio is presently 22.32%.

Insider Transactions at Brady

In other news, CEO Vineet A. Nargolwala purchased 13,011 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were purchased at an average price of $76.86 per share, with a total value of $1,000,025.46. Following the purchase, the chief executive officer directly owned 52,709 shares of the company’s stock, valued at $4,051,213.74. This trade represents a 32.77% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 15.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BRC. Wall Street Zen raised Brady from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Weiss Ratings lowered Brady from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, Sidoti upgraded Brady from a “neutral” rating to a “buy” rating and set a $103.00 target price on the stock in a report on Tuesday, June 9th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Brady has an average rating of “Buy” and a consensus target price of $103.00.

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.