Dynamic Technology Lab Private Ltd Makes New $381,000 Investment in Brady Corporation $BRC

Key Points

• Dynamic Technology Lab Private Ltd has made a new investment of approximately $381,000 in Brady Corporation, acquiring 5,400 shares in the first quarter.
• Brady Corporation recently reported earnings of $1.26 EPS, exceeding analysts' expectations, and announced a quarterly dividend increase to $0.245 per share, set to be paid on October 31st.
• Analysts have upgraded Brady's stock to a "strong buy" rating, reflecting growing confidence in the company's performance and future prospects.

Dynamic Technology Lab Private Ltd purchased a new stake in Brady Corporation (NYSE:BRC - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,400 shares of the industrial products company's stock, valued at approximately $381,000.

A number of other large investors have also made changes to their positions in BRC. Quarry LP purchased a new stake in shares of Brady in the first quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Brady in the first quarter valued at approximately $74,000. NewEdge Advisors LLC grew its position in shares of Brady by 282.3% in the first quarter. NewEdge Advisors LLC now owns 1,644 shares of the industrial products company's stock valued at $116,000 after purchasing an additional 1,214 shares in the last quarter. Pacer Advisors Inc. purchased a new stake in shares of Brady in the first quarter valued at approximately $159,000. Finally, KBC Group NV grew its position in shares of Brady by 33.7% in the first quarter. KBC Group NV now owns 2,391 shares of the industrial products company's stock valued at $169,000 after purchasing an additional 602 shares in the last quarter. 76.28% of the stock is currently owned by hedge funds and other institutional investors.

Brady Stock Up 1.9%

NYSE:BRC opened at $79.78 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.88 and a debt-to-equity ratio of 0.08. The stock's fifty day moving average is $72.90 and its two-hundred day moving average is $70.91. Brady Corporation has a 52 week low of $62.70 and a 52 week high of $84.03. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of 20.30 and a beta of 0.83.

Brady (NYSE:BRC - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The industrial products company reported $1.26 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.02. Brady had a return on equity of 19.29% and a net margin of 12.50%.The company had revenue of $397.28 million for the quarter, compared to analysts' expectations of $384.67 million. During the same period in the prior year, the firm earned $1.19 earnings per share. The firm's revenue was up 15.7% compared to the same quarter last year. Brady has set its FY 2026 guidance at 4.850-5.150 EPS. Research analysts anticipate that Brady Corporation will post 4.55 EPS for the current year.

Brady Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 10th will be paid a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Brady's previous quarterly dividend of $0.24. The ex-dividend date is Friday, October 10th. Brady's payout ratio is currently 24.43%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BRC shares. Sidoti upgraded Brady to a "strong-buy" rating in a research report on Monday, May 19th. Wall Street Zen upgraded Brady from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy".

About Brady

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification.

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