AlphaQuest LLC Acquires 7,083 Shares of Brady Corporation $BRC

AlphaQuest LLC raised its holdings in Brady Corporation (NYSE:BRC) by 34.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 27,864 shares of the industrial products company’s stock after purchasing an additional 7,083 shares during the quarter. AlphaQuest LLC’s holdings in Brady were worth $2,184,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new stake in Brady in the 4th quarter valued at about $25,000. Richardson Financial Services Inc. boosted its holdings in Brady by 72.1% in the 4th quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 163 shares during the period. Advisory Services Network LLC bought a new stake in Brady in the 3rd quarter valued at about $31,000. Global Retirement Partners LLC raised its position in shares of Brady by 42.4% in the 4th quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock valued at $35,000 after buying an additional 134 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Brady by 89.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 684 shares of the industrial products company’s stock valued at $46,000 after buying an additional 322 shares in the last quarter. Institutional investors own 76.28% of the company’s stock.

Brady Price Performance

BRC stock opened at $87.89 on Wednesday. The company has a 50 day simple moving average of $82.06 and a 200 day simple moving average of $83.17. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 20.02 and a beta of 0.61. Brady Corporation has a 1 year low of $65.76 and a 1 year high of $99.29. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.01 and a quick ratio of 1.36.

Brady (NYSE:BRC) last released its quarterly earnings data on Monday, May 18th. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.15. Brady had a net margin of 12.93% and a return on equity of 19.01%. The business had revenue of $435.24 million during the quarter, compared to analysts’ expectations of $406.07 million. During the same period in the prior year, the company earned $1.22 EPS. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. Brady has set its FY 2026 guidance at 5.200-5.300 EPS. Research analysts anticipate that Brady Corporation will post 5.25 EPS for the current fiscal year.

Brady Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 10th will be issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, July 10th. Brady’s payout ratio is presently 22.32%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BRC. Wall Street Zen upgraded shares of Brady from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings cut shares of Brady from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Brady 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.