Brady Corporation $BRC Holdings Trimmed by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its position in shares of Brady Corporation (NYSE:BRC) by 10.3% during the third quarter, Holdings Channel.com reports. The fund owned 76,009 shares of the industrial products company’s stock after selling 8,758 shares during the quarter. Teacher Retirement System of Texas’ holdings in Brady were worth $5,931,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. First Trust Advisors LP boosted its position in shares of Brady by 30.7% during the 2nd quarter. First Trust Advisors LP now owns 1,169,245 shares of the industrial products company’s stock valued at $79,474,000 after purchasing an additional 274,982 shares in the last quarter. Champlain Investment Partners LLC lifted its stake in Brady by 22.1% during the second quarter. Champlain Investment Partners LLC now owns 821,401 shares of the industrial products company’s stock valued at $55,831,000 after purchasing an additional 148,471 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its stake in Brady by 15.7% during the second quarter. DekaBank Deutsche Girozentrale now owns 524,913 shares of the industrial products company’s stock valued at $36,047,000 after purchasing an additional 71,291 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in Brady by 37.2% during the second quarter. Qube Research & Technologies Ltd now owns 322,873 shares of the industrial products company’s stock worth $21,946,000 after buying an additional 87,606 shares in the last quarter. Finally, Seizert Capital Partners LLC grew its position in Brady by 194.8% in the second quarter. Seizert Capital Partners LLC now owns 208,461 shares of the industrial products company’s stock worth $14,169,000 after buying an additional 137,748 shares during the last quarter. 76.28% of the stock is owned by institutional investors and hedge funds.

Brady Trading Up 0.5%

NYSE BRC opened at $84.76 on Tuesday. Brady Corporation has a twelve month low of $62.70 and a twelve month high of $86.36. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 2.07. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 20.72 and a beta of 0.65. The firm’s 50 day moving average price is $80.51 and its two-hundred day moving average price is $76.96.

Brady (NYSE:BRC) last released its earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.03. The company had revenue of $405.29 million during the quarter, compared to analyst estimates of $393.65 million. Brady had a return on equity of 19.06% and a net margin of 12.74%.The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.12 earnings per share. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. Equities analysts anticipate that Brady Corporation will post 4.55 EPS for the current year.

Brady Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 9th will be given a dividend of $0.245 per share. The ex-dividend date is Friday, January 9th. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. Brady’s dividend payout ratio (DPR) is presently 23.96%.

Insider Activity at Brady

In related news, COO Thomas F. Debruine sold 5,538 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $81.00, for a total transaction of $448,578.00. Following the completion of the sale, the chief operating officer directly owned 10,181 shares in the company, valued at approximately $824,661. This trade represents a 35.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Russell Shaller sold 17,130 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $81.25, for a total transaction of $1,391,812.50. Following the transaction, the chief executive officer directly owned 141,421 shares in the company, valued at $11,490,456.25. The trade was a 10.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 73,586 shares of company stock worth $5,720,907. Company insiders own 15.60% of the company’s stock.

Wall Street Analyst Weigh In

BRC has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a research report on Wednesday, January 21st. Wall Street Zen raised Brady from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. One 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 company has an average rating of “Strong Buy”.

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.