Inspire Investing LLC Has $4.41 Million Position in Brady Corporation $BRC

Inspire Investing LLC grew its holdings in shares of Brady Corporation (NYSE:BRC) by 15.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,222 shares of the industrial products company’s stock after buying an additional 7,123 shares during the quarter. Inspire Investing LLC’s holdings in Brady were worth $4,405,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. raised its stake in shares of Brady by 24.1% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 150,344 shares of the industrial products company’s stock worth $11,782,000 after purchasing an additional 29,220 shares in the last quarter. First Trust Advisors LP increased its holdings in Brady by 13.4% during the third quarter. First Trust Advisors LP now owns 1,326,113 shares of the industrial products company’s stock worth $103,477,000 after buying an additional 156,868 shares during the last quarter. Clark Capital Management Group Inc. raised its position in Brady by 13.2% during the third quarter. Clark Capital Management Group Inc. now owns 108,785 shares of the industrial products company’s stock worth $8,488,000 after acquiring an additional 12,671 shares in the last quarter. Teacher Retirement System of Texas lifted its stake in Brady by 20.1% in the fourth quarter. Teacher Retirement System of Texas now owns 91,292 shares of the industrial products company’s stock valued at $7,155,000 after acquiring an additional 15,283 shares during the last quarter. Finally, Legato Capital Management LLC grew its position in shares of Brady by 86.0% in the 3rd quarter. Legato Capital Management LLC now owns 20,086 shares of the industrial products company’s stock valued at $1,567,000 after acquiring an additional 9,287 shares during the period. Institutional investors own 76.28% of the company’s stock.

Brady Price Performance

Brady stock opened at $89.93 on Tuesday. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 20.49 and a beta of 0.62. 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 Corporation has a 12 month low of $67.66 and a 12 month high of $99.29. The stock’s 50 day moving average is $83.26 and its 200-day moving average is $84.53.

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

Brady Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 10th will be issued a dividend of $0.245 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. Brady’s dividend payout ratio (DPR) is currently 22.32%.

Analyst Upgrades and Downgrades

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

Insider Activity

In other Brady news, CEO Vineet A. Nargolwala purchased 13,011 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were acquired at an average cost of $76.86 per share, for a total transaction of $1,000,025.46. Following the completion of the purchase, the chief executive officer owned 52,709 shares of the company’s stock, valued at approximately $4,051,213.74. The trade was a 32.77% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.