Brady Corporation $BRC Stake Reduced by Entropy Technologies LP

Entropy Technologies LP trimmed its stake in Brady Corporation (NYSE:BRC) by 44.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 4,664 shares of the industrial products company’s stock after selling 3,800 shares during the quarter. Entropy Technologies LP’s holdings in Brady were worth $317,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Quarry LP acquired a new stake in shares of Brady in the 1st quarter worth about $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 during the period. Caitong International Asset Management Co. Ltd bought a new position in Brady in the 1st quarter worth about $74,000. NewEdge Advisors LLC increased its stake in shares of Brady by 282.3% in the first 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. acquired a new stake in shares of Brady in the first quarter valued at approximately $159,000. Institutional investors and hedge funds own 76.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BRC shares. Weiss Ratings reissued a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. Wall Street Zen lowered Brady from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Brady Stock Performance

BRC opened at $80.94 on Wednesday. The business has a 50 day moving average price of $76.61 and a two-hundred day moving average price of $73.52. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.88 and a quick ratio of 1.27. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 20.60 and a beta of 0.76. Brady Corporation has a 1-year low of $62.70 and a 1-year high of $84.03.

Brady (NYSE:BRC) last posted its quarterly earnings data on Monday, November 17th. The industrial products company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.03. Brady had a return on equity of 19.29% and a net margin of 12.50%.The company had revenue of $405.29 million for the quarter, compared to the consensus estimate of $393.65 million. During the same quarter in the previous year, the business earned $1.12 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. 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 fiscal year.

Brady Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 10th were given a dividend of $0.245 per share. This is a positive change from Brady’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, October 10th. This represents a $0.98 annualized dividend and a dividend yield of 1.2%. Brady’s payout ratio is 23.96%.

Insider Transactions at Brady

In related news, Director Elizabeth P. Bruno sold 22,462 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 575,000 shares in the company, valued at approximately $42,946,750. This trade represents a 3.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Brett Wilms sold 10,894 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $74.44, for a total value of $810,949.36. Following the completion of the transaction, the insider directly owned 7,672 shares in the company, valued at $571,103.68. This represents a 58.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 63,572 shares of company stock valued at $4,881,955 in the last quarter. Insiders own 15.60% of the company’s stock.

Brady Profile

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.