Squarepoint Ops LLC Invests $4.64 Million in Brink’s Company (The) $BCO

Squarepoint Ops LLC purchased a new stake in Brink’s Company (The) (NYSE:BCO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 49,068 shares of the business services provider’s stock, valued at approximately $4,636,000.

A number of other large investors have also made changes to their positions in BCO. Nykredit A S bought a new position in Brink’s during the second quarter worth about $111,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Brink’s in the second quarter worth about $506,000. California State Teachers Retirement System increased its holdings in shares of Brink’s by 9,527.4% in the second quarter. California State Teachers Retirement System now owns 4,477,220 shares of the business services provider’s stock worth $423,053,000 after acquiring an additional 4,430,715 shares in the last quarter. Paralel Advisors LLC bought a new stake in shares of Brink’s in the second quarter worth about $2,106,000. Finally, AlphaGrep UK Ltd acquired a new stake in shares of Brink’s during the second quarter worth about $885,000. Institutional investors own 94.96% of the company’s stock.

Brink’s Stock Performance

BCO opened at $112.10 on Friday. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of 25.95 and a beta of 1.03. The business’s 50-day moving average price is $112.52 and its two-hundred day moving average price is $108.47. Brink’s Company has a 1 year low of $91.05 and a 1 year high of $136.37. 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 posted its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.09. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Brink’s had a return on equity of 87.18% and a net margin of 3.30%.Brink’s’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.79 earnings per share. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. Equities analysts expect that Brink’s Company will post 9.13 EPS for the current fiscal year.

Brink’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $1.02 dividend on an annualized basis and a yield of 0.9%. Brink’s’s dividend payout ratio is 23.61%.

Analysts Set New Price Targets

BCO has been the topic of several recent analyst reports. Wall Street Zen cut Brink’s from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings raised Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Brink’s presently has an average rating of “Moderate Buy” and an average price target of $154.00.

Brink’s Company Profile

Brink’s Company (NYSE: BCO) is a global provider of secure logistics and security services. The company helps businesses, financial institutions, retailers, governments and other organizations manage, transport and protect cash and other valuable assets.

Its services include cash-in-transit transportation, cash processing and vaulting, automated teller machine replenishment and maintenance, and other cash-management solutions. Brink’s also provides secure logistics for high-value goods, including jewelry, precious metals, electronics and other specialized shipments, as well as payment and related technology services in selected markets.

Founded in 1859, Brink’s has grown from a domestic armored transportation business into an international security-services company.