Brady (NYSE:BRC) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Brady Corporation (NYSE:BRC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $81.79 and traded as high as $84.05. Brady shares last traded at $83.02, with a volume of 217,837 shares changing hands.

Analyst Upgrades and Downgrades

BRC has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of Brady from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brady in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Brady Stock Up 2.6%

The company has a quick ratio of 1.40, a current ratio of 2.13 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.92 billion, a PE ratio of 19.44 and a beta of 0.60. The company’s fifty day moving average is $88.55 and its 200-day moving average is $81.79.

Brady (NYSE:BRC) last announced its earnings results on Thursday, February 19th. The industrial products company reported $1.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.09. The business had revenue of $384.14 million during the quarter, compared to analyst estimates of $376.14 million. Brady had a net margin of 13.01% and a return on equity of 18.62%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.00 EPS. Brady has set its FY 2026 guidance at 4.950-5.150 EPS. On average, analysts predict that Brady Corporation will post 4.55 EPS for the current year.

Brady Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 9th will be given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, April 9th. Brady’s dividend payout ratio is 22.95%.

Insiders Place Their Bets

In other Brady news, COO Thomas F. Debruine sold 5,538 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $81.00, for a total value of $448,578.00. Following the transaction, the chief operating officer directly owned 10,181 shares of the company’s stock, valued at approximately $824,661. This trade represents a 35.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 15.60% of the company’s stock.

Hedge Funds Weigh In On Brady

Institutional investors have recently made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new position in shares of Brady in the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. increased its holdings in Brady by 72.1% during the fourth quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock valued at $30,000 after buying an additional 163 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Brady during the third quarter valued at approximately $31,000. Global Retirement Partners LLC raised its position in Brady by 42.4% in the fourth quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 134 shares during the period. Finally, Quent Capital LLC purchased a new position in shares of Brady during the 3rd quarter worth $43,000. Institutional investors own 76.28% of the company’s stock.

About Brady

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.