Insider Selling: Brady (NYSE:BRC) CEO Sells 17,130 Shares of Stock

Brady Corporation (NYSE:BRC) CEO Russell Shaller sold 17,130 shares of Brady stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $81.25, for a total value of $1,391,812.50. Following the transaction, the chief executive officer directly owned 141,421 shares in the company, valued at approximately $11,490,456.25. The trade was a 10.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Russell Shaller also recently made the following trade(s):

• On Thursday, September 18th, Russell Shaller sold 23,743 shares of Brady stock. The shares were sold at an average price of $80.07, for a total transaction of $1,901,102.01.

Brady Stock Performance

BRC stock traded up $0.84 during mid-day trading on Wednesday, hitting $81.61. The company had a trading volume of 54,679 shares, compared to its average volume of 215,428. The stock’s fifty day moving average price is $76.61 and its two-hundred day moving average price is $73.52. Brady Corporation has a 12 month low of $62.70 and a 12 month high of $84.03. The firm has a market cap of $3.85 billion, a PE ratio of 20.78 and a beta of 0.76. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.88.

Brady (NYSE:BRC) last issued its earnings results on Monday, November 17th. The industrial products company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.18 by $0.03. Brady had a return on equity of 19.29% and a net margin of 12.50%.The business had revenue of $405.29 million during the quarter, compared to the consensus estimate of $393.65 million. During the same quarter last year, the company earned $1.12 EPS. The firm’s 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. On average, analysts forecast that Brady Corporation will post 4.55 earnings per share for the current fiscal year.

Brady Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BRC shares. Wall Street Zen lowered shares of 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 report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Institutional Investors Weigh In On Brady

Institutional investors have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd acquired a new position in Brady in the 1st quarter valued at about $381,000. Vise Technologies Inc. acquired a new position in Brady in the second quarter valued at approximately $457,000. BTS Asset Management Inc. purchased a new position in Brady during the 2nd quarter worth approximately $450,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Brady in the 2nd quarter valued at approximately $423,000. Finally, Nordea Investment Management AB raised its holdings in Brady by 1.1% during the second quarter. Nordea Investment Management AB now owns 96,609 shares of the industrial products company’s stock worth $6,584,000 after purchasing an additional 1,051 shares in the last quarter. 76.28% of the stock is currently owned by institutional investors and hedge funds.

Brady Company 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.