DeBruine Thomas F sold $482K of BRC

Brady Corporation (BRC) acquired Honeywell IPS, expanding its addressable market to $14B. The deal adds mobility, scanning, and software solutions, with expected $25M in cost synergies. BRC aims for double-digit accretion and sees growth in manufacturing, retail, and healthcare. The combined company has $3B in sales and nearly 10,000 employees, with plans to invest $200M in R&D.

Brady Corp (BRC) reported fiscal 2026 sales of $1.66B, up 9.8%, with operating cash flow increasing 34.7% to $244.1M. The company acquired the Intelligent Productivity Solutions business for $1.4B. For fiscal 2027, BRC expects adjusted EPS of $6.25-$6.75, including $0.80 accretion from the acquisition. The company aims for $25M in annual cost synergies within three years but faces margin dilution risks and execution challenges.

Brady (BRC) reported Q4 2026 net sales of $436.9M, up 10% YoY, with adjusted EPS of $1.48, up 17.5%. Full-year EPS grew 15% to $5.29. Guidance for 2027 includes EPS of $6.25-$6.75. The company completed the Honeywell PSS acquisition, forming two new segments: IDS and IPS. Organic sales grew 8.4% in Q4, driven by Americas & Asia demand. Management highlighted supply chain and cost challenges but expects growth from new acquisitions and segments.

Brady (BRC) reported Q2 CY2026 revenue of $436.9M, up 10% YoY, beating estimates. Adjusted EPS was $1.48, also above expectations. Operating margins improved to 19.7%, but segment margins contracted due to higher costs. The company's guidance for FY2027 EPS midpoint of $6.50 missed estimates. Management highlighted growth in printers and adhesives, as well as the integration of the IPS acquisition, which is expected to drive future synergies.

Brady Corporation (BRC) reported record full-year revenue of $1.66bn, up 9.8%, and adjusted EPS of $5.29, up 15%. Q4 sales rose 10% to $436.9m. The stock fell 1.4% as investors weighed integration risks from its $1.4bn Honeywell acquisition. FY2027 guidance projects adjusted EPS of $6.25-$6.75, including $0.80 accretion from the deal.

Brady Corporation reported Q4 2026 earnings, highlighting 8.4% organic growth and a 110 basis point gross profit margin expansion. The acquisition of Honeywell's PSS business positions Brady as the number 2 player in the AIDC sector, with a $14 billion addressable market. Fiscal 2027 guidance includes $1.15 billion in revenue from the IPS segment and $0.80 EPS accretion. Management expects to reduce net leverage below 2 times within two years while maintaining dividend increases.