Sanctuary Advisors LLC Decreases Stock Position in Brink’s Company (The) $BCO

Sanctuary Advisors LLC decreased its holdings in shares of Brink’s Company (The) (NYSE:BCOFree Report) by 47.2% during the first quarter, Holdings Channel.com reports. The fund owned 6,335 shares of the business services provider’s stock after selling 5,652 shares during the period. Sanctuary Advisors LLC’s holdings in Brink’s were worth $657,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Hillsdale Investment Management Inc. acquired a new stake in Brink’s in the 1st quarter worth approximately $7,461,000. State of Michigan Retirement System increased its stake in Brink’s by 2.0% during the 1st quarter. State of Michigan Retirement System now owns 9,977 shares of the business services provider’s stock valued at $1,034,000 after purchasing an additional 200 shares in the last quarter. Principal Financial Group Inc. increased its stake in Brink’s by 39.0% during 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 purchasing an additional 35,358 shares in the last quarter. J. Safra Sarasin Holding AG purchased a new position in shares of Brink’s in the first quarter worth $249,000. Finally, Fifth Third Bancorp raised its holdings in shares of Brink’s by 5,583.5% in the first quarter. Fifth Third Bancorp now owns 24,098 shares of the business services provider’s stock worth $2,497,000 after buying an additional 23,674 shares during the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Brink’s presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.00.

Get Our Latest Stock Report on BCO

Brink’s Trading Down 3.2%

Shares of NYSE:BCO opened at $118.13 on Tuesday. Brink’s Company has a 52-week low of $84.99 and a 52-week high of $136.37. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 27.60 and a beta of 1.06. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 9.75. The business has a 50-day moving average price of $104.84 and a 200-day moving average price of $111.87.

Brink’s (NYSE:BCOGet Free Report) last released its earnings results on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.21. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. Brink’s had a return on equity of 87.38% and a net margin of 3.35%.The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.62 earnings per share. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. Equities analysts predict that Brink’s Company will post 9.14 EPS for the current year.

Brink’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th will be paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, July 27th. Brink’s’s payout ratio is presently 23.83%.

Brink’s Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Brink's (NYSE:BCO)

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