Renaissance Group LLC Invests $7.68 Million in Brink’s Company (The) $BCO

Renaissance Group LLC purchased a new position in Brink’s Company (The) (NYSE:BCO) in the 4th quarter, Holdings Channel.com reports. The fund purchased 65,773 shares of the business services provider’s stock, valued at approximately $7,678,000.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Brink’s by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 4,129,187 shares of the business services provider’s stock worth $482,000,000 after purchasing an additional 94,634 shares during the last quarter. LSV Asset Management lifted its stake in Brink’s by 5.5% in the fourth quarter. LSV Asset Management now owns 1,325,075 shares of the business services provider’s stock worth $154,676,000 after purchasing an additional 68,690 shares during the last quarter. Boston Partners lifted its stake in Brink’s by 10.9% in the third quarter. Boston Partners now owns 607,908 shares of the business services provider’s stock worth $70,922,000 after purchasing an additional 59,542 shares during the last quarter. First Trust Advisors LP lifted its stake in Brink’s by 48.2% in the third quarter. First Trust Advisors LP now owns 600,665 shares of the business services provider’s stock worth $70,194,000 after purchasing an additional 195,466 shares during the last quarter. Finally, Norges Bank bought a new stake in Brink’s in the fourth quarter worth $61,105,000. 94.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on BCO shares. Weiss Ratings downgraded shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. The Goldman Sachs Group boosted their price target on shares of Brink’s from $129.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen raised shares of Brink’s from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 15th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $154.00.

Brink’s Price Performance

BCO stock opened at $101.43 on Thursday. The firm’s 50-day moving average price is $105.89 and its two-hundred day moving average price is $114.51. Brink’s Company has a 12-month low of $83.35 and a 12-month high of $136.37. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 23.70 and a beta of 1.05. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 9.75.

Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company earned $1.62 earnings per share. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts predict that Brink’s Company will post 9.14 earnings per share for the current year.

Brink’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were given a $0.255 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.0%. Brink’s’s payout ratio is presently 23.83%.

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.