Geode Capital Management LLC Sells 18,318 Shares of Brink’s Company (The) $BCO

Geode Capital Management LLC cut its stake in shares of Brink’s Company (The) (NYSE:BCO) by 1.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,030,604 shares of the business services provider’s stock after selling 18,318 shares during the period. Geode Capital Management LLC’s holdings in Brink’s were worth $92,032,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Trust Co. of Toledo NA OH purchased a new stake in shares of Brink’s in the second quarter valued at about $32,000. CWM LLC grew its position in Brink’s by 53.8% in the 2nd quarter. CWM LLC now owns 512 shares of the business services provider’s stock worth $46,000 after purchasing an additional 179 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Brink’s by 67.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,178 shares of the business services provider’s stock valued at $105,000 after buying an additional 474 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Brink’s by 27.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,381 shares of the business services provider’s stock worth $123,000 after buying an additional 300 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Brink’s by 10.2% in the 2nd quarter. Blue Trust Inc. now owns 1,993 shares of the business services provider’s stock worth $178,000 after buying an additional 185 shares during the last quarter. 94.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BCO. Weiss Ratings raised Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Zacks Research downgraded Brink’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Wall Street Zen upgraded Brink’s from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 10th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Brink’s Price Performance

Brink’s stock opened at $110.59 on Friday. The business’s 50 day simple moving average is $113.38 and its 200 day simple moving average is $101.65. Brink’s Company has a 12 month low of $80.10 and a 12 month high of $118.60. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 29.89 and a beta of 1.46. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 9.84.

Brink’s (NYSE:BCO) last issued its earnings results on Wednesday, November 5th. The business services provider reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by ($0.01). The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.33 billion. Brink’s had a net margin of 3.21% and a return on equity of 86.86%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.51 earnings per share. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. Sell-side analysts forecast that Brink’s Company will post 6.49 EPS for the current year.

Brink’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 3rd will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $1.02 annualized dividend and a yield of 0.9%. Brink’s’s dividend payout ratio is 26.09%.

About Brink’s

The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.