Brady (BRC) to Release Quarterly Earnings on Thursday

Brady (NYSE:BRC) is expected to be releasing its results before the market opens on Thursday, February 19th. Analysts expect Brady to post earnings of $1.09 per share and revenue of $376.1420 million for the quarter. Brady has set its FY 2026 guidance at 4.900-5.150 EPS.

Brady (NYSE:BRC) last posted its earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.03. The company had revenue of $405.29 million for the quarter, compared to analyst estimates of $393.65 million. Brady had a return on equity of 19.06% and a net margin of 12.74%.The business’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $1.12 earnings per share.

Brady Trading Up 1.2%

Brady stock opened at $94.55 on Thursday. Brady has a 52 week low of $62.70 and a 52 week high of $94.99. The firm has a market capitalization of $4.46 billion, a PE ratio of 23.12 and a beta of 0.63. The business’s 50-day simple moving average is $83.14 and its 200-day simple moving average is $78.61. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 2.07.

Brady Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 9th were paid a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, January 9th. Brady’s dividend payout ratio is currently 23.96%.

Insider Activity

In other news, COO Thomas F. Debruine sold 5,538 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $81.00, for a total transaction of $448,578.00. Following the completion of the sale, the chief operating officer owned 10,181 shares in the company, valued at approximately $824,661. This trade represents a 35.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Elizabeth P. Bruno sold 22,462 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $74.69, for a total transaction of $1,677,686.78. Following the completion of the sale, the director directly owned 575,000 shares of the company’s stock, valued at approximately $42,946,750. The trade was a 3.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 73,586 shares of company stock worth $5,720,907. 15.60% of the stock is currently owned by insiders.

Institutional Trading of Brady

A number of hedge funds have recently made changes to their positions in BRC. Picton Mahoney Asset Management acquired a new position in Brady in the 4th quarter valued at approximately $1,204,000. Inceptionr LLC lifted its holdings in Brady by 60.9% during the 4th quarter. Inceptionr LLC now owns 5,416 shares of the industrial products company’s stock worth $424,000 after buying an additional 2,050 shares during the period. Illinois Municipal Retirement Fund grew its position in shares of Brady by 2.5% in the 4th quarter. Illinois Municipal Retirement Fund now owns 23,177 shares of the industrial products company’s stock valued at $1,816,000 after buying an additional 558 shares during the last quarter. Deutsche Bank AG increased its stake in shares of Brady by 61.2% in the fourth quarter. Deutsche Bank AG now owns 6,554 shares of the industrial products company’s stock valued at $514,000 after buying an additional 2,489 shares during the period. Finally, LPL Financial LLC raised its position in shares of Brady by 23.9% during the fourth quarter. LPL Financial LLC now owns 9,479 shares of the industrial products company’s stock worth $743,000 after acquiring an additional 1,827 shares during the last quarter. 76.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BRC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brady in a report on Wednesday, January 21st. Wall Street Zen raised shares of Brady from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Brady currently has a consensus rating of “Strong Buy”.

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.