Brady (NYSE:BRC) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of Brady Corporation (NYSE:BRC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $82.05 and traded as high as $85.10. Brady shares last traded at $85.0140, with a volume of 215,458 shares traded.

Analyst Ratings Changes

Several research firms recently issued reports on BRC. Wall Street Zen lowered Brady from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brady in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Brady Trading Down 1.5%

The stock has a 50 day moving average of $87.66 and a 200 day moving average of $82.10. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.13 and a quick ratio of 1.40. The firm has a market cap of $3.91 billion, a P/E ratio of 19.40 and a beta of 0.65.

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

Brady Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 9th will be paid a $0.245 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $0.98 annualized dividend and a yield of 1.2%. Brady’s dividend payout ratio is currently 22.95%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BRC. Flagship Harbor Advisors LLC bought a new position in shares of Brady during the 4th quarter valued at $25,000. Richardson Financial Services Inc. lifted its stake in Brady by 72.1% in the fourth quarter. Richardson Financial Services Inc. now owns 389 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 163 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Brady during the third quarter valued at about $31,000. Global Retirement Partners LLC grew its stake in shares of Brady by 42.4% during the fourth quarter. Global Retirement Partners LLC now owns 450 shares of the industrial products company’s stock valued at $35,000 after buying an additional 134 shares during the last quarter. Finally, Quent Capital LLC bought a new position in shares of Brady during the third quarter valued at about $43,000. 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.