AlphaQuest LLC Has $1.62 Million Stock Position in Brady Corporation $BRC

AlphaQuest LLC boosted its stake in shares of Brady Corporation (NYSE:BRC) by 173.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,781 shares of the industrial products company’s stock after acquiring an additional 13,190 shares during the quarter. AlphaQuest LLC’s holdings in Brady were worth $1,622,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. First Trust Advisors LP increased its holdings in shares of Brady by 30.7% in the second quarter. First Trust Advisors LP now owns 1,169,245 shares of the industrial products company’s stock valued at $79,474,000 after purchasing an additional 274,982 shares in the last quarter. Champlain Investment Partners LLC boosted its position in Brady by 22.1% in the 2nd quarter. Champlain Investment Partners LLC now owns 821,401 shares of the industrial products company’s stock valued at $55,831,000 after buying an additional 148,471 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Brady by 15.7% during the second quarter. DekaBank Deutsche Girozentrale now owns 524,913 shares of the industrial products company’s stock worth $36,047,000 after acquiring an additional 71,291 shares during the last quarter. Qube Research & Technologies Ltd raised its position in shares of Brady by 37.2% during the second quarter. Qube Research & Technologies Ltd now owns 322,873 shares of the industrial products company’s stock worth $21,946,000 after acquiring an additional 87,606 shares during the last quarter. Finally, Seizert Capital Partners LLC lifted its stake in shares of Brady by 194.8% during the second quarter. Seizert Capital Partners LLC now owns 208,461 shares of the industrial products company’s stock valued at $14,169,000 after acquiring an additional 137,748 shares during the period. 76.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wall Street Zen upgraded Brady from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Insider Activity at Brady

In other news, Director Elizabeth P. Bruno sold 22,462 shares of Brady stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $74.69, for a total transaction of $1,677,686.78. Following the transaction, the director owned 575,000 shares in the company, valued at $42,946,750. The trade was a 3.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Russell Shaller sold 17,130 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $81.25, for a total value of $1,391,812.50. Following the sale, the chief executive officer directly owned 141,421 shares of the company’s stock, valued at approximately $11,490,456.25. The trade was a 10.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,586 shares of company stock valued at $5,720,907 over the last 90 days. Insiders own 15.60% of the company’s stock.

Brady Stock Up 1.1%

Brady stock opened at $86.52 on Friday. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 21.15 and a beta of 0.65. The company’s 50 day simple moving average is $81.20 and its 200 day simple moving average is $77.37. 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 Corporation has a fifty-two week low of $62.70 and a fifty-two week high of $87.06.

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, topping the consensus estimate of $1.18 by $0.03. Brady had a net margin of 12.74% and a return on equity of 19.06%. The company had revenue of $405.29 million for the quarter, compared to analyst estimates of $393.65 million. During the same period last year, the business posted $1.12 earnings per share. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. As a group, sell-side analysts anticipate that Brady Corporation will post 4.55 EPS for the current year.

Brady Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 9th were given a dividend of $0.245 per share. The ex-dividend date of this dividend was Friday, January 9th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. Brady’s dividend payout ratio (DPR) is currently 23.96%.

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.