Lazard Asset Management LLC Buys 26,197 Shares of Brink’s Company (The) $BCO

Lazard Asset Management LLC grew its stake in Brink’s Company (The) (NYSE:BCO) by 135.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,516 shares of the business services provider’s stock after purchasing an additional 26,197 shares during the period. Lazard Asset Management LLC’s holdings in Brink’s were worth $4,717,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. M&T Bank Corp lifted its stake in shares of Brink’s by 571.5% in the fourth quarter. M&T Bank Corp now owns 47,190 shares of the business services provider’s stock valued at $5,508,000 after buying an additional 40,162 shares during the period. K.J. Harrison & Partners Inc bought a new position in Brink’s during the fourth quarter valued at about $1,167,000. Principal Financial Group Inc. increased its stake in Brink’s by 39.0% during the first quarter. Principal Financial Group Inc. now owns 126,050 shares of the business services provider’s stock valued at $13,063,000 after acquiring an additional 35,358 shares during the period. SG Americas Securities LLC increased its stake in Brink’s by 176.8% during the fourth quarter. SG Americas Securities LLC now owns 15,925 shares of the business services provider’s stock valued at $1,859,000 after acquiring an additional 10,172 shares during the period. Finally, Hillsdale Investment Management Inc. acquired a new position in Brink’s in the 1st quarter valued at approximately $7,461,000. Institutional investors own 94.96% of the company’s stock.

Wall Street Analysts Forecast Growth

BCO has been the subject of a number of research reports. Weiss Ratings downgraded Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Wall Street Zen cut Brink’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.00.

Brink’s Stock Performance

Shares of NYSE:BCO opened at $118.39 on Friday. The company has a debt-to-equity ratio of 9.75, a current ratio of 1.53 and a quick ratio of 1.53. The business’s fifty day moving average price is $105.98 and its two-hundred day moving average price is $111.83. Brink’s Company has a fifty-two week low of $84.99 and a fifty-two week high of $136.37. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 27.66 and a beta of 1.06.

Brink’s (NYSE:BCO) last issued 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 return on equity of 87.38% and a net margin of 3.35%.The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the business earned $1.62 earnings per share. 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. As a group, analysts predict that Brink’s Company will post 9.14 EPS for the current fiscal year.

Brink’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, July 27th will be given a dividend of $0.255 per share. The ex-dividend date is Monday, July 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.9%. Brink’s’s dividend payout ratio (DPR) is 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.