Brady Corporation $BRC Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC lifted its holdings in shares of Brady Corporation (NYSE:BRC) by 140.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,198 shares of the industrial products company’s stock after acquiring an additional 32,813 shares during the period. Intech Investment Management LLC owned 0.12% of Brady worth $4,404,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its stake in 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 buying an additional 156,868 shares during the last quarter. Royce & Associates LP grew its stake in Brady by 9.8% during the 4th quarter. Royce & Associates LP now owns 740,635 shares of the industrial products company’s stock worth $58,044,000 after buying an additional 66,387 shares during the last quarter. Geode Capital Management LLC grew its stake in Brady by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 536,544 shares of the industrial products company’s stock worth $42,061,000 after buying an additional 3,699 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Brady by 502,257.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 452,122 shares of the industrial products company’s stock worth $35,433,000 after buying an additional 452,032 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in Brady by 15.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 371,541 shares of the industrial products company’s stock worth $28,991,000 after buying an additional 48,668 shares during the last quarter. Hedge funds and other institutional investors own 76.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BRC shares. Wall Street Zen upgraded Brady from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Weiss Ratings downgraded Brady from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Brady currently has an average rating of “Buy”.

Brady Trading Down 0.2%

Shares of BRC stock opened at $85.87 on Monday. The business’s 50 day moving average is $82.12 and its two-hundred day moving average is $83.41. Brady Corporation has a twelve month low of $65.76 and a twelve month high of $99.29. The company has a market capitalization of $4.05 billion, a P/E ratio of 19.56 and a beta of 0.62. The company has a current ratio of 2.01, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02.

Brady (NYSE:BRC) last announced its earnings results on Monday, May 18th. The industrial products company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.15. Brady had a return on equity of 19.01% and a net margin of 12.93%.The company had revenue of $435.24 million for the quarter, compared to the consensus estimate of $406.07 million. During the same period last year, the business posted $1.22 EPS. The company’s revenue was up 13.7% on a year-over-year basis. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. Equities analysts forecast that Brady Corporation will post 5.25 EPS for the current year.

Brady Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 dividend payout ratio (DPR) is 22.32%.

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.