Brady Corporation $BRC Shares Sold by Diversified Trust Co

Diversified Trust Co reduced its holdings in shares of Brady Corporation (NYSE:BRC) by 48.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,950 shares of the industrial products company’s stock after selling 7,555 shares during the period. Diversified Trust Co’s holdings in Brady were worth $620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd purchased a new position in Brady in the 1st quarter worth $381,000. Prentiss Smith & Co. Inc. grew its stake 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 purchasing an additional 12,987 shares during the last quarter. Vise Technologies Inc. acquired a new position in shares of Brady in the second quarter valued at about $457,000. BTS Asset Management Inc. purchased a new position in shares of Brady in the second quarter worth about $450,000. Finally, Quantbot Technologies LP raised its stake in shares of Brady by 245.8% in the second quarter. Quantbot Technologies LP now owns 19,556 shares of the industrial products company’s stock worth $1,329,000 after purchasing an additional 13,901 shares during the last quarter. 76.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Brady news, Director Elizabeth P. Bruno sold 22,462 shares of the stock in a transaction that occurred on 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 approximately $42,946,750. This represents a 3.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Russell Shaller sold 17,130 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $81.25, for a total value of $1,391,812.50. Following the completion of the sale, the chief executive officer directly owned 141,421 shares in the company, valued at approximately $11,490,456.25. The trade was a 10.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 73,278 shares of company stock valued at $5,671,221. Insiders own 15.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on BRC shares. Wall Street Zen lowered Brady from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Brady Stock Up 0.3%

Shares of BRC stock opened at $78.62 on Friday. The stock has a 50 day moving average of $78.11 and a 200 day moving average of $75.20. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The stock has a market cap of $3.71 billion, a P/E ratio of 19.22 and a beta of 0.65. Brady Corporation has a twelve month low of $62.70 and a twelve month high of $84.03.

Brady (NYSE:BRC) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $393.65 million. Brady had a return on equity of 19.06% and a net margin of 12.74%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.12 EPS. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. As a group, sell-side analysts expect that Brady Corporation will post 4.55 EPS for the current year.

Brady Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 9th will be given a $0.245 dividend. The ex-dividend date is Friday, January 9th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.2%. Brady’s dividend payout ratio is 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.