2 weeks Ago By Defense World Staff
Bank of Montreal Can increased its position in Brady Co. (NYSE:BRC – Free Report) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The firm owned 5,670 shares of the industrial products company’s stock after buying an additional 572 shares during the quarter. Bank of Montreal Can’s holdings in Brady were worth $419,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds have also recently bought and sold shares of the company.
Smartleaf Asset Management LLC boosted its position in Brady by 213.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 461 shares of the industrial products company’s stock valued at $34,000 after buying an additional 314 shares during the last quarter.
Principal Securities Inc. boosted its stake in Brady by 378.1% during the 4th quarter.
Principal Securities Inc. now owns 655 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 518 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Brady by 19.
1% during the 4th quarter. Parkside Financial Bank & Trust now owns 893 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 143 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Brady during the 4th quarter worth $96,000.
Finally, KBC Group NV boosted its holdings in shares of Brady by 84.2% in the fourth quarter. KBC Group NV now owns 1,789 shares of the industrial products company’s stock worth $132,000 after buying an additional 818 shares during the period.
Hedge funds and other institutional investors own 76.28% of the company’s stock. Brady Stock PerformanceShares of BRC stock opened at $68.
00 on Wednesday. The stock’s fifty day simple moving average is $70.08 and its 200-day simple moving average is $72.
78. Brady Co. has a 1-year low of $58.
32 and a 1-year high of $77.68. The company has a market capitalization of $3.
25 billion, a price-to-earnings ratio of 16.71 and a beta of 0.75.
The company has a current ratio of 1.84, a quick ratio of 1.25 and a debt-to-equity ratio of 0.
11. Brady (NYSE:BRC – Get Free Report) last posted its earnings results on Friday, February 21st. The industrial products company reported $1.
00 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.03).
The business had revenue of $356.68 million during the quarter, compared to the consensus estimate of $359.21 million.
Brady had a return on equity of 19.79% and a net margin of 14.19%.
During the same period in the prior year, the firm earned $0.93 earnings per share. On average, sell-side analysts predict that Brady Co.
will post 4.55 earnings per share for the current fiscal year. Brady Announces DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th.
Investors of record on Wednesday, April 9th will be given a dividend of $0.24 per share. The ex-dividend date is Wednesday, April 9th.
This represents a $0.96 annualized dividend and a dividend yield of 1.41%.
Brady’s dividend payout ratio is presently 24.00%. About Brady (Free Report)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.Featured ArticlesFive stocks we like better than BradyHow to Most Effectively Use the MarketBeat Earnings ScreenerHow to Invest in Micro-Cap Stocks Like a ProStock Analyst Ratings and Canadian Analyst RatingsInvestors Sell Microsoft Stock on OpenAI News—Time to Buy? What is a penny stock? A comprehensive guideTake-Two Interactive: A Defensive Play Set to ExplodeWant to see what other hedge funds are holding BRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brady Co.
(NYSE:BRC – Free Report)..
