Hantz Financial Services Inc. Acquires 18,024 Shares of Brady Corporation $BRC

Hantz Financial Services Inc. raised its holdings in Brady Corporation (NYSE:BRC) by 374.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,839 shares of the industrial products company’s stock after purchasing an additional 18,024 shares during the period. Hantz Financial Services Inc.’s holdings in Brady were worth $1,790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. First Trust Advisors LP increased its holdings in Brady by 13.4% in the 3rd quarter. First Trust Advisors LP now owns 1,326,113 shares of the industrial products company’s stock valued at $103,477,000 after buying an additional 156,868 shares during the period. Royce & Associates LP increased its holdings in Brady by 1.0% in the 3rd quarter. Royce & Associates LP now owns 674,248 shares of the industrial products company’s stock valued at $52,612,000 after buying an additional 6,922 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Brady by 502,257.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 452,122 shares of the industrial products company’s stock valued at $35,433,000 after buying an additional 452,032 shares during the period. Qube Research & Technologies Ltd increased its holdings in Brady by 15.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 371,541 shares of the industrial products company’s stock valued at $28,991,000 after buying an additional 48,668 shares during the period. Finally, Franklin Resources Inc. bought a new stake in Brady in the 3rd quarter valued at $25,208,000. Institutional investors own 76.28% of the company’s stock.

Brady Stock Down 0.8%

Shares of NYSE:BRC opened at $87.06 on Thursday. Brady Corporation has a 52 week low of $65.76 and a 52 week high of $99.29. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.36 and a current ratio of 2.01. The company’s fifty day moving average is $82.08 and its 200-day moving average is $83.26. The company has a market capitalization of $4.10 billion, a PE ratio of 19.83 and a beta of 0.61.

Brady (NYSE:BRC) last issued its earnings results on Monday, May 18th. The industrial products company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.35 by $0.15. Brady had a net margin of 12.93% and a return on equity of 19.01%. The company had revenue of $435.24 million for the quarter, compared to the consensus estimate of $406.07 million. During the same quarter in the previous year, the company earned $1.22 EPS. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. Equities research analysts predict that Brady Corporation will post 5.25 earnings per share for the current fiscal 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 paid a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, July 10th. Brady’s payout ratio is currently 22.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BRC shares. Wall Street Zen raised shares of Brady from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Weiss Ratings lowered shares of Brady from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Brady presently has an average rating of “Buy”.

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.