Vanguard Group Inc. raised its holdings in Brink’s Company (The) (NYSE:BCO – Free Report) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,129,187 shares of the business services provider’s stock after purchasing an additional 94,634 shares during the quarter. Vanguard Group Inc. owned about 9.94% of Brink’s worth $482,000,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in BCO. Royal Bank of Canada increased its position in Brink’s by 10.9% in the 1st quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock valued at $4,711,000 after acquiring an additional 5,359 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Brink’s by 3.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,098 shares of the business services provider’s stock worth $2,249,000 after acquiring an additional 852 shares during the period. United Services Automobile Association purchased a new position in shares of Brink’s in the 1st quarter valued at approximately $257,000. Quantbot Technologies LP purchased a new position in shares of Brink’s in the 2nd quarter valued at approximately $178,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Brink’s by 322.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 15,953 shares of the business services provider’s stock valued at $1,424,000 after purchasing an additional 12,177 shares during the period. 94.96% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on BCO. Truist Financial lifted their price objective on shares of Brink’s from $138.00 to $163.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. The Goldman Sachs Group raised their target price on shares of Brink’s from $129.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen raised shares of Brink’s from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 15th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $154.00.
Brink’s Stock Up 0.0%
BCO opened at $104.39 on Wednesday. The company has a debt-to-equity ratio of 9.35, a current ratio of 1.51 and a quick ratio of 1.51. Brink’s Company has a 12 month low of $80.10 and a 12 month high of $136.37. The stock has a market capitalization of $4.30 billion, a P/E ratio of 22.26 and a beta of 1.08. The business has a 50 day simple moving average of $110.01 and a 200-day simple moving average of $115.93.
Brink’s (NYSE:BCO – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.21. Brink’s had a return on equity of 89.90% and a net margin of 3.80%.The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. On average, equities analysts anticipate that Brink’s Company will post 8.89 earnings per share for the current fiscal year.
Brink’s Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 18th will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, May 18th. Brink’s’s dividend payout ratio (DPR) is currently 21.75%.
Brink’s Company Profile
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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