Vanguard Group Inc. Has $385.57 Million Stake in Brady Corporation $BRC

Vanguard Group Inc. trimmed its position in Brady Corporation (NYSE:BRC) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,941,302 shares of the industrial products company’s stock after selling 116,619 shares during the period. Vanguard Group Inc. owned approximately 0.10% of Brady worth $385,570,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Nisa Investment Advisors LLC raised its position in Brady by 0.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 20,288 shares of the industrial products company’s stock valued at $1,583,000 after buying an additional 170 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Brady by 2.2% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,186 shares of the industrial products company’s stock worth $717,000 after buying an additional 200 shares during the last quarter. apricus wealth LLC boosted its stake in shares of Brady by 7.4% during the 3rd quarter. apricus wealth LLC now owns 3,206 shares of the industrial products company’s stock worth $250,000 after acquiring an additional 221 shares during the period. Amalgamated Bank increased its holdings in shares of Brady by 2.1% during the 3rd quarter. Amalgamated Bank now owns 11,184 shares of the industrial products company’s stock worth $873,000 after acquiring an additional 228 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in Brady by 0.9% in the 2nd quarter. Raymond James Financial Inc. now owns 26,093 shares of the industrial products company’s stock valued at $1,774,000 after acquiring an additional 238 shares during the period. 76.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BRC. Wall Street Zen downgraded Brady from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Brady in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Brady Stock Performance

BRC opened at $92.13 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.13 and a quick ratio of 1.40. The business has a fifty day simple moving average of $86.25 and a 200 day simple moving average of $80.31. Brady Corporation has a 1 year low of $62.70 and a 1 year high of $99.29. The company has a market capitalization of $4.35 billion, a PE ratio of 21.58 and a beta of 0.63.

Brady (NYSE:BRC) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $1.09 earnings per share for the quarter, hitting the consensus estimate of $1.09. The firm had revenue of $384.14 million for the quarter, compared to analysts’ expectations of $376.14 million. Brady had a return on equity of 18.62% and a net margin of 13.01%.The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.00 EPS. Brady has set its FY 2026 guidance at 4.950-5.150 EPS. Research analysts expect that Brady Corporation will post 4.55 EPS for the current year.

Brady Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 9th will be issued a $0.245 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. Brady’s payout ratio is currently 22.95%.

Insider Buying and Selling

In related news, insider Brett Wilms sold 3,791 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $78.13, for a total value of $296,190.83. Following the completion of the sale, the insider directly owned 7,672 shares in the company, valued at approximately $599,413.36. The trade was a 33.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Thomas F. Debruine sold 5,538 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $81.00, for a total value of $448,578.00. Following the sale, the chief operating officer directly owned 10,181 shares in the company, valued at $824,661. This represents a 35.23% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 15.60% of the company’s stock.

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.