Brady Corporation $BRC Shares Sold by Capital Fund Management S.A.

Capital Fund Management S.A. reduced its stake in Brady Corporation (NYSE:BRC) by 23.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,002 shares of the industrial products company’s stock after selling 7,340 shares during the period. Capital Fund Management S.A. owned approximately 0.05% of Brady worth $1,631,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Natixis Advisors LLC increased its position in shares of Brady by 9.0% during the first quarter. Natixis Advisors LLC now owns 12,042 shares of the industrial products company’s stock worth $851,000 after acquiring an additional 991 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Brady by 10.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 498,670 shares of the industrial products company’s stock valued at $35,226,000 after purchasing an additional 48,522 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of Brady during the 1st quarter valued at about $598,000. Public Sector Pension Investment Board raised its position in shares of Brady by 27.7% during the 1st quarter. Public Sector Pension Investment Board now owns 140,204 shares of the industrial products company’s stock worth $9,904,000 after purchasing an additional 30,418 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Brady in the first quarter worth $74,000. Hedge funds and other institutional investors own 76.28% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on BRC shares. Wall Street Zen upgraded shares of Brady from a “hold” rating to a “buy” rating in a research note on Saturday, November 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, Brady presently has an average rating of “Strong Buy”.

Insider Activity at Brady

In other Brady news, Director Elizabeth P. Bruno sold 22,462 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $74.69, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Russell Shaller sold 23,743 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $80.07, for a total value of $1,901,102.01. Following the completion of the transaction, the chief executive officer directly owned 135,080 shares in the company, valued at approximately $10,815,855.60. The trade was a 14.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 93,230 shares of company stock valued at $7,276,132. 15.60% of the stock is owned by insiders.

Brady Price Performance

Shares of BRC opened at $78.27 on Friday. The business’s 50-day moving average is $76.56 and its 200-day moving average is $73.75. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.07 and a quick ratio of 1.39. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 19.14 and a beta of 0.69. Brady Corporation has a fifty-two week low of $62.70 and a fifty-two week high of $84.03.

Brady (NYSE:BRC) last posted its quarterly earnings results on Monday, November 17th. The industrial products company reported $1.21 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 firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $1.12 earnings per share. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. Equities research analysts expect 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 Friday, January 30th. Stockholders of record on Friday, January 9th will be issued a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, January 9th. Brady’s payout ratio is currently 23.96%.

Brady Profile

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification.