Bank of New York Mellon Corp Sells 72,806 Shares of Brink’s Company (The) $BCO

Bank of New York Mellon Corp decreased its stake in Brink’s Company (The) (NYSE:BCO) by 17.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 335,924 shares of the business services provider’s stock after selling 72,806 shares during the period. Bank of New York Mellon Corp’s holdings in Brink’s were worth $34,812,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. 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. SG Americas Securities LLC raised its holdings in Brink’s by 176.8% in the 4th 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 in the last quarter. Hillsdale Investment Management Inc. acquired a new position in Brink’s in the 1st quarter valued at approximately $7,461,000. Finally, Principal Financial Group Inc. raised its holdings in Brink’s by 39.0% in the 1st 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 in the last quarter. Institutional investors own 94.96% of the company’s stock.

Brink’s Price Performance

Shares of Brink’s stock opened at $121.98 on Monday. The company has a debt-to-equity ratio of 9.75, a quick ratio of 1.53 and a current ratio of 1.53. The firm’s 50-day simple moving average is $104.57 and its 200-day simple moving average is $111.88. Brink’s Company has a twelve month low of $84.99 and a twelve month high of $136.37. The firm has a market cap of $5.02 billion, a P/E ratio of 28.50 and a beta of 1.06.

Brink’s (NYSE:BCO) last posted 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 net margin of 3.35% and a return on equity of 87.38%. The business 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 firm posted $1.62 earnings per share. The firm’s revenue for the quarter 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, research analysts expect that Brink’s Company will post 9.14 EPS for the current fiscal year.

Brink’s Dividend Announcement

The business 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 is Monday, July 27th. Brink’s’s dividend payout ratio is currently 23.83%.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.00.

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.