Fifth Third Bancorp Increases Stock Holdings in Brink’s Company (The) $BCO

Fifth Third Bancorp boosted its holdings in Brink’s Company (The) (NYSE:BCO) by 5,583.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 24,098 shares of the business services provider’s stock after buying an additional 23,674 shares during the quarter. Fifth Third Bancorp’s holdings in Brink’s were worth $2,497,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its holdings in Brink’s by 150.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 243 shares of the business services provider’s stock valued at $29,000 after buying an additional 146 shares during the period. Advisory Services Network LLC acquired a new position in shares of Brink’s during the 3rd quarter valued at about $33,000. Global Retirement Partners LLC purchased a new position in shares of Brink’s during the 4th quarter worth about $39,000. Wexford Capital LP purchased a new position in shares of Brink’s during the 3rd quarter worth about $42,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Brink’s by 161.5% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $47,000 after acquiring an additional 323 shares during the last quarter. 94.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Brink’s Trading Up 2.9%

Shares of BCO opened at $123.03 on Wednesday. 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 firm has a market capitalization of $5.07 billion, a P/E ratio of 28.74 and a beta of 1.06. The stock’s fifty day simple moving average is $103.56 and its 200 day simple moving average is $111.79. Brink’s Company has a twelve month low of $84.99 and a twelve month high of $136.37.

Brink’s (NYSE:BCO) last issued its earnings results on Wednesday, May 6th. The business services provider reported $1.80 earnings per share 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 firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter last year, the firm earned $1.62 earnings per share. The firm’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. On average, equities research analysts forecast 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 will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th will be paid a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, July 27th. Brink’s’s payout ratio is currently 23.83%.

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.