Brady Corporation $BRC Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC raised its stake in shares of Brady Corporation (NYSE:BRC) by 194.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 208,461 shares of the industrial products company’s stock after buying an additional 137,748 shares during the period. Seizert Capital Partners LLC’s holdings in Brady were worth $14,169,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Quarry LP bought a new position in shares of Brady in the first quarter valued at approximately $25,000. Blue Trust Inc. boosted its stake in Brady by 23.9% during 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 in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Brady during the 1st quarter valued at $74,000. NewEdge Advisors LLC increased its position in shares of Brady by 282.3% during the 1st quarter. NewEdge Advisors LLC now owns 1,644 shares of the industrial products company’s stock valued at $116,000 after purchasing an additional 1,214 shares during the period. Finally, Pacer Advisors Inc. bought a new stake in shares of Brady in the 1st quarter worth $159,000. 76.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Brady

In other news, CEO Russell Shaller sold 23,743 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $80.07, for a total value of $1,901,102.01. Following the completion of the sale, the chief executive officer directly owned 135,080 shares of the company’s stock, valued at $10,815,855.60. This represents a 14.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Elizabeth P. Bruno sold 2,692 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $76.27, for a total transaction of $205,318.84. Following the sale, the director owned 327,023 shares of the company’s stock, valued at approximately $24,942,044.21. This represents a 0.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 28,973 shares of company stock worth $2,299,994 in the last quarter. 15.60% of the stock is owned by corporate insiders.

Brady Price Performance

BRC stock opened at $75.23 on Wednesday. Brady Corporation has a one year low of $62.70 and a one year high of $84.03. The firm has a 50-day moving average of $76.75 and a two-hundred day moving average of $73.30. The firm has a market capitalization of $3.54 billion, a PE ratio of 19.14 and a beta of 0.76. The company has a current ratio of 1.88, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08.

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, beating 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 12.50% and a return on equity of 19.29%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 EPS. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. On average, analysts forecast that Brady Corporation will post 4.55 earnings per share for the current year.

Brady Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Friday, October 10th were paid a dividend of $0.245 per share. This is a boost from Brady’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, October 10th. This represents a $0.98 annualized dividend and a yield of 1.3%. Brady’s dividend payout ratio (DPR) is presently 24.94%.

Analyst Ratings Changes

BRC has been the subject of several research reports. Wall Street Zen cut Brady from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Weiss Ratings reaffirmed 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 assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company presently 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.