Turtle Creek Asset Management Inc. Has $5.75 Million Stock Holdings in Brink’s Company (The) $BCO

Turtle Creek Asset Management Inc. grew its position in shares of Brink’s Company (The) (NYSE:BCO) by 82.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,500 shares of the business services provider’s stock after acquiring an additional 25,100 shares during the quarter. Turtle Creek Asset Management Inc.’s holdings in Brink’s were worth $5,751,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Brink’s in the fourth quarter worth $61,105,000. Engine Capital Management LP raised its position in Brink’s by 1,237.6% during the first quarter. Engine Capital Management LP now owns 549,417 shares of the business services provider’s stock worth $56,936,000 after acquiring an additional 508,343 shares in the last quarter. Simcoe Capital Management LLC bought a new position in shares of Brink’s in the 2nd quarter valued at about $43,465,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Brink’s by 385,161.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 446,903 shares of the business services provider’s stock worth $52,167,000 after purchasing an additional 446,787 shares during the last quarter. Finally, Nuveen LLC raised its holdings in shares of Brink’s by 229.7% in the 4th quarter. Nuveen LLC now owns 420,297 shares of the business services provider’s stock valued at $49,061,000 after purchasing an additional 292,829 shares during the period. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink’s Stock Performance

Shares of BCO stock opened at $121.42 on Thursday. Brink’s Company has a 52 week low of $84.99 and a 52 week high of $136.37. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 28.37 and a beta of 1.06. The company has a 50-day simple moving average of $105.45 and a 200 day simple moving average of $111.85. 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 released its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.21. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the prior year, the firm earned $1.62 EPS. The business’s revenue was up 10.3% on a year-over-year basis. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts predict that Brink’s Company will post 9.14 earnings per share for the current year.

Brink’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, July 27th will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, July 27th. Brink’s’s dividend payout ratio (DPR) is presently 23.83%.

Analyst Upgrades and Downgrades

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

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.