Brady (NYSE:BRC) Downgraded to “Hold” Rating by Wall Street Zen

Brady (NYSE:BRC) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, Brady presently has a consensus rating of “Strong Buy”.

Brady Price Performance

Shares of NYSE BRC opened at $96.56 on Friday. Brady has a twelve month low of $62.70 and a twelve month high of $97.58. The firm has a fifty day simple moving average of $83.87 and a 200 day simple moving average of $78.91. The company has a market capitalization of $4.56 billion, a PE ratio of 23.61 and a beta of 0.63. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.09.

Brady (NYSE:BRC) last issued its quarterly earnings results on Monday, November 17th. The industrial products company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.03. Brady had a net margin of 12.74% and a return on equity of 19.06%. The business had revenue of $405.29 million for the quarter, compared to analysts’ expectations of $393.65 million. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. Brady has set its FY 2026 guidance at 4.900-5.150 EPS. On average, sell-side analysts forecast that Brady will post 4.55 EPS for the current year.

Insiders Place Their Bets

In related news, insider Brett Wilms sold 10,894 shares of the stock in a transaction 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 transaction, the insider directly owned 7,672 shares in the company, valued at $571,103.68. This trade represents a 58.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Andrew Gorman sold 12,528 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $80.01, for a total transaction of $1,002,365.28. Following the transaction, the general counsel owned 14,153 shares in the company, valued at approximately $1,132,381.53. The trade was a 46.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 73,586 shares of company stock valued at $5,720,907. 15.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in Brady during the 4th quarter worth approximately $90,000. Bridgewater Associates LP purchased a new position in Brady during the 4th quarter worth $235,000. First Trust Advisors LP increased its position in Brady by 22.2% in the 4th quarter. First Trust Advisors LP now owns 1,620,931 shares of the industrial products company’s stock valued at $127,032,000 after acquiring an additional 294,818 shares during the period. State Street Corp lifted its stake in shares of Brady by 1.7% in the 4th quarter. State Street Corp now owns 1,524,384 shares of the industrial products company’s stock worth $119,466,000 after acquiring an additional 26,151 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in Brady by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 36,004 shares of the industrial products company’s stock worth $2,822,000 after acquiring an additional 527 shares during the period. 76.28% of the stock is currently owned by institutional investors and hedge funds.

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.