Pacer Advisors Inc. Sells 74,119 Shares of Brink’s Company (The) $BCO

Pacer Advisors Inc. lessened its stake in shares of Brink’s Company (The) (NYSE:BCO) by 92.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,855 shares of the business services provider’s stock after selling 74,119 shares during the period. Pacer Advisors Inc.’s holdings in Brink’s were worth $607,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. M&T Bank Corp increased its position in Brink’s by 571.5% in the fourth quarter. M&T Bank Corp now owns 47,190 shares of the business services provider’s stock worth $5,508,000 after buying an additional 40,162 shares during the last quarter. Principal Financial Group Inc. grew its stake in Brink’s by 39.0% in the 1st quarter. Principal Financial Group Inc. now owns 126,050 shares of the business services provider’s stock valued at $13,063,000 after buying an additional 35,358 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in Brink’s during the 1st quarter valued at $7,461,000. Turtle Creek Asset Management Inc. raised its holdings in Brink’s by 82.6% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 55,500 shares of the business services provider’s stock valued at $5,751,000 after acquiring an additional 25,100 shares during the period. Finally, K.J. Harrison & Partners Inc purchased a new stake in shares of Brink’s during the fourth quarter worth $1,167,000. Institutional investors own 94.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BCO. Wall Street Zen cut Brink’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings raised Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brink’s presently has an average rating of “Moderate Buy” and an average target price of $154.00.

Brink’s Stock Down 1.6%

BCO opened at $110.39 on Tuesday. The firm has a market capitalization of $4.55 billion, a P/E ratio of 25.55 and a beta of 1.04. Brink’s Company has a one year low of $91.05 and a one year high of $136.37. The company has a fifty day moving average price of $107.03 and a 200-day moving average price of $111.33. The company has a debt-to-equity ratio of 8.80, a current ratio of 1.62 and a quick ratio of 1.62.

Brink’s (NYSE:BCO) last issued its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.09. Brink’s had a return on equity of 87.18% and a net margin of 3.30%.The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the business posted $1.79 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. Equities research analysts expect that Brink’s Company will post 9.13 earnings per share for the current fiscal year.

Brink’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, July 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.9%. Brink’s’s payout ratio is presently 23.61%.

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.