Brady Corporation (NYSE:BRC) is expected to pay $0.21 on Oct 31, 2016. The indicated annual dividend is $0.82. Shareholders owning the stock before Oct 6, 2016 will be eligible to receive the payout. Based on Brady Corporation’s current price of $35.03, the dividend is 0.59%. This dividend’s record date is Oct 11, 2016 and the announcement date is Sep 9, 2016. The stock increased 0.63% or $0.22 during the last trading session, hitting $35.03. Brady Corp (NYSE:BRC) has risen 31.94% since March 2, 2016 and is uptrending. It has outperformed by 23.68% the S&P500.
Brady Corporation is a manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. The company has a market cap of $1.78 billion. The Firm has two divisions: Identification Solutions and Workplace Safety (WPS). It has a 22.42 P/E ratio. The IDS segment includes identification and healthcare products, and the WPS segment includes workplace safety and compliance products.
Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.62, from 1.52 in 2016Q1. The ratio fall, as 18 funds sold all Brady Corp shares owned while 53 reduced positions. 12 funds bought stakes while 52 increased positions. They now own 37.04 million shares or 5.74% less from 39.29 million shares in 2016Q1.
Texas Permanent School Fund accumulated 0.01% or 35,723 shares. Retail Bank Of America De has invested 0% of its portfolio in Brady Corp (NYSE:BRC). Strs Ohio last reported 0% of its portfolio in the stock. Schwab Charles Mgmt Incorporated has invested 0.01% of its portfolio in Brady Corp (NYSE:BRC). California State Teachers Retirement Sys has invested 0.01% of its portfolio in Brady Corp (NYSE:BRC). Employees Retirement Sys Of Texas reported 66,000 shares or 0.03% of all its holdings. Omers Administration Corporation has 17,500 shares for 0.01% of their US portfolio. Millennium Ltd Limited Liability Company accumulated 0.03% or 449,842 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp, a Alberta – Canada-based fund reported 18,000 shares. Convergence Invest Prtnrs Lc reported 76,687 shares or 0.32% of all its holdings. Proshare Advsr Limited Liability Co has 0.03% invested in the company for 65,077 shares. Ubs Asset Mngmt Americas accumulated 34,175 shares or 0% of the stock. One Association holds 0.05% or 20,062 shares in its portfolio. Beck Mack Oliver Lc has invested 0.02% of its portfolio in Brady Corp (NYSE:BRC). First Citizens Retail Bank Tru Comm holds 18,057 shares or 0.05% of its portfolio.
Insider Transactions: Since May 26, 2016, the stock had 0 insider purchases, and 6 selling transactions for $1.45 million net activity. 7,000 shares were sold by Curran Bentley, worth $219,064 on Thursday, May 26. 9,851 Brady Corp (NYSE:BRC) shares with value of $319,323 were sold by Meyer Paul. Felmer Thomas J had sold 3,395 shares worth $118,851 on Tuesday, September 20. HARRIS FRANK W sold $95,567 worth of Brady Corp (NYSE:BRC) on Tuesday, May 31.
Brady Corp (NYSE:BRC) Ratings Coverage
Out of 4 analysts covering Brady Corporation (NYSE:BRC), 0 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 0 are positive. $28 is the highest target while $23 is the lowest. The $25.50 average target is -27.21% below today’s ($35.03) stock price. Brady Corporation has been the topic of 9 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The rating was initiated by SunTrust on Tuesday, November 3 with “Reduce”. Bank of America downgraded the stock to “Neutral” rating in Friday, September 11 report. The firm has “Neutral” rating by SunTrust given on Tuesday, September 13. The stock of Brady Corp (NYSE:BRC) earned “Reduce” rating by Suntrust Robinson on Tuesday, November 3. The firm earned “Underperform” rating on Thursday, September 17 by Bank of America. As per Tuesday, September 15, the company rating was downgraded by Bank of America.
More news for Brady Corp (NYSE:BRC) were recently published by: Jsonline.com, which released: “Brady Corp. nets $25 million” on September 09, 2016. Nasdaq.com‘s article titled: “Ex-Dividend Reminder: Brady, Air Products & Chemicals and Dominion Diamond” and published on October 04, 2016 is yet another important article.
BRC Company Profile
Brady Corporation, incorporated on November 7, 1939, is a maker and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. The Firm has two divisions: Identification Solutions (IDS) and Workplace Safety (WPS). The IDS segment includes identification and healthcare products, and the WPS segment includes workplace safety and compliance products.
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