Brady (NYSE:BRC) Upgraded by Wall Street Zen to Buy Rating

Brady (NYSE:BRC) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brady in a research report on Wednesday, October 8th. One equities research 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, the company currently has a consensus rating of “Strong Buy”.

Brady Stock Performance

Shares of Brady stock opened at $84.45 on Friday. Brady has a 1 year low of $62.70 and a 1 year high of $84.49. The firm’s 50-day moving average is $79.33 and its 200 day moving average is $76.20. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 20.65 and a beta of 0.65. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.07 and a quick ratio of 1.39.

Brady (NYSE:BRC) last issued its earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.03. The business had revenue of $405.29 million during the quarter, compared to analysts’ expectations of $393.65 million. Brady had a net margin of 12.74% and a return on equity of 19.06%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.12 earnings per share. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. Sell-side analysts anticipate that Brady will post 4.55 EPS for the current fiscal year.

Insider Buying and Selling

In other Brady news, COO Thomas F. Debruine sold 5,538 shares of Brady stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $81.00, for a total value of $448,578.00. Following the completion of the sale, the chief operating officer owned 10,181 shares of the company’s stock, valued at approximately $824,661. The trade was a 35.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Elizabeth P. Bruno sold 22,462 shares of the business’s stock in a transaction on 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 sale, the director owned 575,000 shares of the company’s stock, valued at approximately $42,946,750. This represents a 3.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,586 shares of company stock valued at $5,720,907 in the last ninety days. Corporate insiders own 15.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of Brady by 380.3% during the 1st quarter. Royal Bank of Canada now owns 6,451 shares of the industrial products company’s stock valued at $456,000 after purchasing an additional 5,108 shares during the period. Millennium Management LLC boosted its holdings in shares of Brady by 1,256.9% in the first quarter. Millennium Management LLC now owns 185,182 shares of the industrial products company’s stock worth $13,081,000 after buying an additional 171,535 shares during the last quarter. NewEdge Advisors LLC grew its position in Brady by 282.3% during the first quarter. NewEdge Advisors LLC now owns 1,644 shares of the industrial products company’s stock valued at $116,000 after buying an additional 1,214 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Brady by 7.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,953 shares of the industrial products company’s stock valued at $8,968,000 after buying an additional 8,716 shares during the period. Finally, Voya Investment Management LLC increased its holdings in Brady by 67.3% during the first quarter. Voya Investment Management LLC now owns 31,675 shares of the industrial products company’s stock valued at $2,238,000 after buying an additional 12,738 shares during the last quarter. Institutional investors own 76.28% 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.