Brady Corporation (NYSE:BRC) Sees Large Increase in Short Interest

Brady Corporation (NYSE:BRC) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 529,219 shares, a growth of 26.6% from the February 12th total of 418,173 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 322,588 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 322,588 shares, the short-interest ratio is currently 1.6 days. Approximately 1.3% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Wall Street Zen cut Brady from a “buy” rating to a “hold” rating in a research 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 equities 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, Brady currently has an average rating of “Strong Buy”.

Brady Stock Up 1.1%

BRC stock traded up $0.93 during trading on Monday, reaching $86.05. The stock had a trading volume of 176,888 shares, compared to its average volume of 254,483. Brady has a one year low of $62.70 and a one year high of $99.29. The company has a quick ratio of 1.40, a current ratio of 2.13 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average is $88.38 and its two-hundred day moving average is $81.63. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 20.15 and a beta of 0.60.

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

Brady Dividend Announcement

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

Insider Buying and Selling

In other news, 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 completion of the sale, the chief operating officer directly owned 10,181 shares of the company’s stock, valued at $824,661. This represents a 35.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 15.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC increased its position in shares of Brady by 42.4% during the 4th quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 134 shares during the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of Brady by 72.1% in the 4th quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock worth $30,000 after buying an additional 163 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Brady by 0.8% during the third 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 period. VIRGINIA RETIREMENT SYSTEMS ET Al grew 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 valued at $717,000 after buying an additional 200 shares during the period. Finally, apricus wealth LLC increased its holdings in Brady by 7.4% during the third quarter. apricus wealth LLC now owns 3,206 shares of the industrial products company’s stock worth $250,000 after buying an additional 221 shares during the last quarter. Institutional investors own 76.28% 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.