Brady (NYSE:BRC) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Brady Corporation (NYSE:BRC)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $81.79 and traded as high as $84.05. Brady shares last traded at $83.02, with a volume of 217,837 shares.

Analyst Upgrades and Downgrades

BRC has been the topic of a number of recent research reports. Wall Street Zen cut Brady from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings restated a “buy (b)” rating on shares of Brady in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat, Brady has a consensus rating of “Strong Buy”.

Brady Stock Up 2.6%

The company has a current ratio of 2.13, a quick ratio of 1.40 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $3.92 billion, a P/E ratio of 19.44 and a beta of 0.60. The company has a 50 day simple moving average of $88.55 and a two-hundred day simple moving average of $81.79.

Brady (NYSE:BRC) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.09. Brady had a net margin of 13.01% and a return on equity of 18.62%. The firm had revenue of $384.14 million for the quarter, compared to analysts’ expectations of $376.14 million. During the same quarter last year, the business posted $1.00 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Brady has set its FY 2026 guidance at 4.950-5.150 EPS. On average, equities analysts predict that Brady Corporation will post 4.55 EPS for the current fiscal year.

Brady Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 9th will be issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, April 9th. Brady’s payout ratio is currently 22.95%.

Insider Buying and Selling

In other Brady news, COO Thomas F. Debruine sold 5,538 shares of the business’s stock in a transaction 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 sale, the chief operating officer owned 10,181 shares in the company, valued at $824,661. The trade was a 35.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 15.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Brady

Several large investors have recently made changes to their positions in the company. Prentiss Smith & Co. Inc. grew its holdings in Brady by 22.4% during the 3rd quarter. Prentiss Smith & Co. Inc. now owns 70,984 shares of the industrial products company’s stock valued at $5,539,000 after buying an additional 12,987 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Brady by 245.8% during the 2nd quarter. Quantbot Technologies LP now owns 19,556 shares of the industrial products company’s stock worth $1,329,000 after acquiring an additional 13,901 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Brady by 187.7% during the 3rd quarter. Assenagon Asset Management S.A. now owns 128,292 shares of the industrial products company’s stock worth $10,011,000 after acquiring an additional 83,694 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Brady during the 2nd quarter valued at approximately $748,000. Finally, First Trust Advisors LP boosted its position 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 valued at $103,477,000 after acquiring an additional 156,868 shares during the last quarter. 76.28% of the stock is owned by institutional investors.

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.