Gabelli Funds LLC Boosts Stock Position in Brink’s Company (The) $BCO

Gabelli Funds LLC increased its holdings in Brink’s Company (The) (NYSE:BCO) by 37.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,450 shares of the business services provider’s stock after purchasing an additional 4,450 shares during the quarter. Gabelli Funds LLC’s holdings in Brink’s were worth $1,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of BCO. Royal Bank of Canada raised its position in Brink’s by 10.9% during the 1st quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock valued at $4,711,000 after purchasing an additional 5,359 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Brink’s by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,098 shares of the business services provider’s stock worth $2,249,000 after buying an additional 852 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Brink’s in the 1st quarter worth approximately $257,000. Quantbot Technologies LP bought a new stake in shares of Brink’s in the 2nd quarter worth approximately $178,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of 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 valued at $1,424,000 after buying an additional 12,177 shares during the period. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $154.00.

Brink’s Trading Up 2.7%

NYSE:BCO opened at $121.42 on Thursday. The company has a 50-day moving average price of $105.45 and a 200-day moving average price of $111.85. Brink’s Company has a 12 month low of $84.99 and a 12 month high of $136.37. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 9.75. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of 28.37 and a beta of 1.06.

Brink’s (NYSE:BCO) last announced its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.80 earnings per share (EPS) 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 company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the previous year, the company earned $1.62 earnings per share. Brink’s’s quarterly 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. Equities analysts predict that Brink’s Company will post 9.14 EPS for the current year.

Brink’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th will be given 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 payout ratio is presently 23.83%.

About Brink’s

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.