Brady Corporation (BRC) reported strong fiscal 2026 results with record adjusted earnings and announced a modest dividend increase. Net sales for the year ended July 31, 2026 were $1.66 billion, up 9.8% from 2025, driven by 5.3% organic growth and contributions from acquisitions and currency.
Fiscal 2026 net income rose to $205.4 million, an 8.5% increase, while Adjusted Net Income* reached $252.6 million, up 14.2%. GAAP diluted EPS was $4.30 versus $3.94, and Adjusted Diluted EPS* hit a record $5.29, up 15.0%. Operating cash flow improved nearly 35% to $244.1 million, and Brady returned $88.3 million to shareholders via dividends and buybacks.
In the fourth quarter, sales grew 10.0% to $436.9 million, with organic growth of 8.4%, but GAAP diluted EPS declined to $0.96 from $1.04 due to acquisition and integration costs, even as Adjusted Diluted EPS* rose 17.5% to $1.48. Brady completed the acquisition of Honeywell Technologies’ Productivity Solutions and Services business (now the IPS segment) on August 3, 2026.
For fiscal 2027, Brady guides Adjusted Diluted EPS* to $6.25–$6.75, implying 18.1–27.6% growth, including about $0.80 of accretion from IPS and expected IPS revenue of approximately $1.15 billion. The annual cash dividend on Class A Common Stock was increased from $0.98 to $1.00 per share, with a quarterly dividend of $0.25 payable on October 30, 2026.
BRADY CORP (BRC) reported an insider equity compensation event for its CFO and Treasurer, Ann Thornton. On September 1, 2026, she acquired 11,545 shares of Class A Common Stock through the vesting of performance-based restricted stock units, each unit settling into one share. On the same date, 5,426 shares were withheld at $90.69 per share to cover tax obligations related to the vesting. No Rule 10b5-1 trading plan is reported for these transactions.
Brady Corp (BRC) reported that officer Olivier Bojarski, President Americas & Asia, had performance-based restricted stock units vest on September 1, 2026. 11,666 restricted stock units vested after achievement of financial performance goals over a three-year period, with each unit settled in one share of Class A Common Stock.
On the same date, 5,483 shares of Class A Common Stock were withheld to cover tax liabilities associated with the vesting of these 11,666 units, at a reference price of $90.69 per share. The transactions are reported as a grant/award acquisition and a tax-withholding disposition, with direct ownership and no Rule 10b5-1 trading plan reported.
BRADY CORP (BRC) reports that Chief Operating Officer Thomas F. DeBruine had 3,765 restricted stock units vest on September 1, 2026, upon achievement of financial performance goals over a three-year period, each settling into one share of Class A Common Stock. On the same date, 1,769 shares of Class A Common Stock were withheld to cover taxes on the vesting, at a value of $90.69 per share. No Rule 10b5-1 trading plan is reported for these transactions.
BRADY CORP (BRC) reported that officer Andrew Gorman, General Counsel and Corporate Secretary, had 5,389 restricted stock units vest on September 1, 2026, each settling into one share of Class A Common Stock. On the same date, 2,532 shares were withheld to cover associated tax liabilities. No Rule 10b5-1 trading plan is reported for these transactions.
BRADY CORP officer David John Barker, serving as Group President, filed an initial statement of beneficial ownership for Class A Common Stock. The filing reports 0 shares of Class A Common Stock held directly following the reported date of 2026-08-03.
Brady Corporation has closed its previously announced acquisition of Honeywell’s Productivity Solutions and Services business for an all-cash $1.4 billion, funded with cash on hand and new borrowings, including approximately $800 million under its existing $1.0 billion Credit Agreement and approximately $800 million of Senior Notes issued under a Note Purchase Agreement. PSS generated about $1.1 billion of sales in 2025 and expands Brady’s reach into a $9 billion productivity solutions market. The combined company will report two segments: Identification Solutions and Intelligent Productivity Solutions.
The acquisition is described as transformational, with PSS expected to contribute roughly $0.80 of incremental Adjusted Diluted EPS within the first year and at least $25 million in annual run-rate cost synergies within three years. Brady expects strong cash generation to support deleveraging from an estimated net debt-to-EBITDA of about 2.5x to below 2.0x within two years. Covenants under the Note Purchase Agreement include a maximum consolidated net leverage ratio of 3.50x, temporarily up to 4.00x after closing, and minimum consolidated interest coverage of 3.00x.
DeBruine Thomas F reported acquisition or exercise transactions in this Form 4 filing.
Brady Corp reported that Chief Operating Officer Thomas F. DeBruine received an equity award of 1,053 restricted stock units tied to Class A Common Stock on 2026-08-03. These units vest one year after the grant date, and each will be settled in one share of Class A Common Stock upon vesting. Following this grant, DeBruine directly holds 11,266 shares of Class A Common Stock. The award was granted as compensation, with a stated price of $0.0000 per share, meaning no cash purchase was involved.
Gorman Andrew reported acquisition or exercise transactions in this Form 4 filing.
Brady Corp reported that General Counsel & Corporate Secretary Andrew Gorman received a grant of 1,053 restricted stock units of Class A Common Stock on 2026-08-03. The RSUs vest one year after the grant date and settle one-for-one in shares, bringing his direct holdings to 15,206 shares.
Thornton Ann reported acquisition or exercise transactions in this Form 4 filing.
Brady Corp reported that CFO and Treasurer Ann Thornton received an equity award of 1,579 restricted stock units tied to Class A Common Stock on 2026-08-03. These RSUs vest one year after the grant date and settle in one share of stock each, bringing her direct holdings to 30,514 shares.