Inspire Investing LLC Raises Stock Position in Brady Corporation $BRC

Inspire Investing LLC increased its stake in Brady Corporation (NYSE:BRC) by 25.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,099 shares of the industrial products company’s stock after purchasing an additional 9,652 shares during the quarter. Inspire Investing LLC’s holdings in Brady were worth $3,691,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BRC. Flagship Harbor Advisors LLC bought a new stake in Brady during the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. grew its position in Brady by 72.1% during the fourth quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock valued at $30,000 after buying an additional 163 shares during the period. Advisory Services Network LLC bought a new stake in Brady during the third quarter valued at approximately $31,000. Global Retirement Partners LLC grew its position in Brady by 42.4% during the fourth quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock valued at $35,000 after buying an additional 134 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Brady by 89.0% during the second quarter. EverSource Wealth Advisors LLC now owns 684 shares of the industrial products company’s stock valued at $46,000 after buying an additional 322 shares during the period. 76.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling 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 stock was acquired at an average cost of $76.86 per share, for a total transaction of $1,000,025.46. Following the completion of the transaction, the chief executive officer directly owned 52,709 shares in the company, valued at $4,051,213.74. This trade represents a 32.77% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 15.60% of the stock is currently owned by insiders.

Brady Stock Performance

Shares of NYSE BRC opened at $83.64 on Thursday. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 19.05 and a beta of 0.62. Brady Corporation has a 12-month low of $65.76 and a 12-month high of $99.29. The firm has a 50 day moving average of $82.59 and a 200 day moving average of $84.00. The company has a current ratio of 2.01, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02.

Brady (NYSE:BRC) last posted its quarterly earnings results on Monday, May 18th. The industrial products company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.15. The business had revenue of $435.24 million during the quarter, compared to analyst estimates of $406.07 million. Brady had a net margin of 12.93% and a return on equity of 19.01%. The company’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.22 earnings per share. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. On average, research analysts anticipate that Brady Corporation will post 5.25 earnings per share for the current year.

Brady Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 10th will be given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, July 10th. Brady’s dividend payout ratio is presently 22.32%.

Brady Company 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.