William Blair Investment Management LLC Decreases Position in Brady Corporation $BRC

William Blair Investment Management LLC lowered its stake in shares of Brady Corporation (NYSE:BRC) by 9.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 352,534 shares of the industrial products company’s stock after selling 36,842 shares during the period. William Blair Investment Management LLC owned 0.75% of Brady worth $27,628,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. First Trust Advisors LP increased its stake in shares of Brady by 13.4% during the 3rd quarter. First Trust Advisors LP now owns 1,326,113 shares of the industrial products company’s stock worth $103,477,000 after purchasing an additional 156,868 shares during the last quarter. Robeco Institutional Asset Management B.V. increased 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 during the last quarter. AlphaQuest LLC increased its stake in shares of Brady by 173.8% during the 3rd quarter. AlphaQuest LLC now owns 20,781 shares of the industrial products company’s stock worth $1,622,000 after purchasing an additional 13,190 shares during the last quarter. Clark Capital Management Group Inc. increased its stake in shares of Brady by 13.2% during the 3rd quarter. Clark Capital Management Group Inc. now owns 108,785 shares of the industrial products company’s stock worth $8,488,000 after purchasing an additional 12,671 shares during the last quarter. Finally, Alps Advisors Inc. increased its stake in shares of Brady by 13.9% during the 3rd quarter. Alps Advisors Inc. now owns 113,220 shares of the industrial products company’s stock worth $8,835,000 after purchasing an additional 13,804 shares during the last quarter. Hedge funds and other institutional investors own 76.28% of the company’s stock.

Analyst Ratings Changes

BRC has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Brady from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings lowered shares of Brady from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Brady Stock Down 0.1%

Brady stock opened at $87.40 on Tuesday. Brady Corporation has a 1-year low of $65.76 and a 1-year high of $99.29. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 19.91 and a beta of 0.61. The company has a current ratio of 2.01, a quick ratio of 1.40 and a debt-to-equity ratio of 0.02. The firm has a 50 day simple moving average of $82.00 and a 200 day simple moving average of $83.09.

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

Brady Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 10th will be paid a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, July 10th. Brady’s payout ratio is currently 22.32%.

About Brady

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.