523,476 Shares in Brink’s Company (The) $BCO Purchased by Norges Bank

Norges Bank acquired a new position in shares of Brink’s Company (The) (NYSE:BCO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 523,476 shares of the business services provider’s stock, valued at approximately $61,105,000. Norges Bank owned approximately 1.26% of Brink’s at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of BCO. Royal Bank of Canada boosted its stake in Brink’s by 10.9% during the first quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock worth $4,711,000 after acquiring an additional 5,359 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Brink’s by 3.4% during the first 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 in the last quarter. United Services Automobile Association bought a new stake in Brink’s during the first quarter worth about $257,000. Quantbot Technologies LP bought a new stake in Brink’s during the second quarter worth about $178,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Brink’s by 322.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 15,953 shares of the business services provider’s stock worth $1,424,000 after acquiring an additional 12,177 shares in the last quarter. Institutional investors own 94.96% of the company’s stock.

Wall Street Analyst Weigh In

BCO has been the topic of several analyst reports. Wall Street Zen upgraded shares of Brink’s from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 15th. The Goldman Sachs Group upped 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. Weiss Ratings downgraded shares of Brink’s from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Finally, Truist Financial upped their target price on shares of Brink’s from $138.00 to $163.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Brink’s has an average rating of “Moderate Buy” and a consensus target price of $154.00.

Brink’s Trading Up 0.1%

Shares of NYSE BCO opened at $101.13 on Monday. The firm’s 50 day moving average price is $105.85 and its 200-day moving average price is $114.67. The company has a market cap of $4.16 billion, a PE ratio of 23.63 and a beta of 1.05. Brink’s Company has a 52-week low of $83.35 and a 52-week high of $136.37. The company has a debt-to-equity ratio of 9.75, a quick ratio of 1.53 and a current ratio of 1.53.

Brink’s (NYSE:BCO) last issued its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.21. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.62 earnings per share. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts expect that Brink’s Company will post 9.14 EPS for the current fiscal year.

Brink’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were given a dividend of $0.255 per share. The ex-dividend date was Monday, May 18th. This represents a $1.02 dividend on an annualized basis and a yield of 1.0%. Brink’s’s dividend payout ratio is 23.83%.

Brink’s 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.