Brady (NYSE:BRC) Rating Increased to Buy at Wall Street Zen

Brady (NYSE:BRC) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Brady in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, Brady has an average rating of “Strong Buy”.

Brady Stock Up 0.5%

Shares of NYSE BRC opened at $84.45 on Friday. The firm’s fifty day moving average is $79.33 and its 200 day moving average is $76.20. Brady has a 52 week low of $62.70 and a 52 week high of $84.49. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.09. The company has a market cap of $3.98 billion, a price-to-earnings ratio of 20.65 and a beta of 0.65.

Brady (NYSE:BRC) last announced its quarterly earnings results on Monday, November 17th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 12.74% and a return on equity of 19.06%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 EPS. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. On average, equities research analysts expect that Brady will post 4.55 earnings per share for the current year.

Insider Transactions at Brady

In other news, insider Brett Wilms sold 10,894 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $74.44, for a total value of $810,949.36. Following the completion of the transaction, the insider owned 7,672 shares in the company, valued at $571,103.68. This trade represents a 58.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Elizabeth P. Bruno sold 22,462 shares of the stock in a transaction on 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 completion of the transaction, the director owned 575,000 shares of the company’s stock, valued at approximately $42,946,750. This trade represents a 3.76% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 73,586 shares of company stock worth $5,720,907. 15.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BRC. Nisa Investment Advisors LLC boosted its stake in Brady by 0.8% during the third quarter. Nisa Investment Advisors LLC now owns 20,288 shares of the industrial products company’s stock worth $1,583,000 after acquiring an additional 170 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Brady by 23.9% during the second quarter. Blue Trust Inc. now owns 1,037 shares of the industrial products company’s stock valued at $70,000 after purchasing an additional 200 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of Brady by 2.2% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,186 shares of the industrial products company’s stock worth $717,000 after purchasing an additional 200 shares in the last quarter. apricus wealth LLC grew its stake in shares of Brady by 7.4% in the 3rd quarter. apricus wealth LLC now owns 3,206 shares of the industrial products company’s stock worth $250,000 after buying an additional 221 shares during the last quarter. Finally, Amalgamated Bank increased its position in Brady by 2.1% during the 3rd quarter. Amalgamated Bank now owns 11,184 shares of the industrial products company’s stock valued at $873,000 after buying an additional 228 shares in the last quarter. 76.28% of the stock is owned by hedge funds and other institutional investors.

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.