Brady Corporation $BRC Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC trimmed its holdings in Brady Corporation (NYSE:BRC) by 7.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 193,892 shares of the industrial products company’s stock after selling 14,569 shares during the quarter. Seizert Capital Partners LLC’s holdings in Brady were worth $15,129,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in Brady during the 3rd quarter worth $43,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Brady by 89.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 684 shares of the industrial products company’s stock valued at $46,000 after buying an additional 322 shares during the period. Tower Research Capital LLC TRC grew its holdings in Brady by 156.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,014 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 618 shares during the last quarter. Blue Trust Inc. grew its holdings in Brady by 23.9% during the 2nd quarter. Blue Trust Inc. now owns 1,037 shares of the industrial products company’s stock valued at $70,000 after buying an additional 200 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Brady in the second quarter valued at $91,000. Hedge funds and other institutional investors own 76.28% of the company’s stock.

Insider Transactions at Brady

In other news, CEO Russell Shaller sold 17,130 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $81.25, for a total transaction of $1,391,812.50. Following the completion of the sale, the chief executive officer directly owned 141,421 shares of the company’s stock, valued at $11,490,456.25. This trade represents a 10.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Elizabeth P. Bruno sold 22,462 shares of Brady stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $74.69, for a total value of $1,677,686.78. Following the completion of the transaction, the director directly owned 575,000 shares in the company, valued at $42,946,750. This represents a 3.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 73,586 shares of company stock worth $5,720,907 in the last quarter. 15.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Wall Street Zen upgraded Brady from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings reissued a “buy (b)” rating on shares of Brady in a research report on Wednesday, October 8th. One 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.com, Brady has a consensus rating of “Strong Buy”.

Brady Price Performance

Shares of BRC opened at $84.24 on Tuesday. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Brady Corporation has a 52 week low of $62.70 and a 52 week high of $84.49. The stock has a 50 day moving average of $79.50 and a 200-day moving average of $76.41. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 20.42 and a beta of 0.65.

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

Brady Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 9th will be issued a dividend of $0.245 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.98 annualized dividend and a dividend yield of 1.2%. Brady’s payout ratio is 23.96%.

Brady 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.