Brink’s Company (The) (NYSE:BCO – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $111.79 and traded as high as $123.25. Brink’s shares last traded at $123.0280, with a volume of 665,467 shares traded.
Analysts Set New Price Targets
Separately, Weiss Ratings lowered Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $154.00.
Get Our Latest Stock Report on BCO
Brink’s Stock Performance
Brink’s (NYSE:BCO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, topping the consensus estimate of $1.59 by $0.21. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. Brink’s’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.62 earnings per share. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. Equities analysts anticipate that Brink’s Company will post 9.14 EPS for the current fiscal year.
Brink’s Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th will be paid 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 yield of 0.8%. Brink’s’s payout ratio is presently 23.83%.
Hedge Funds Weigh In On Brink’s
Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in Brink’s by 34.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 206,737 shares of the business services provider’s stock valued at $24,159,000 after acquiring an additional 52,444 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Brink’s by 571.5% in the 4th quarter. M&T Bank Corp now owns 47,190 shares of the business services provider’s stock worth $5,508,000 after purchasing an additional 40,162 shares in the last quarter. K.J. Harrison & Partners Inc purchased a new position in shares of Brink’s in the fourth quarter worth $1,167,000. SG Americas Securities LLC lifted its holdings in shares of 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 purchasing an additional 10,172 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Brink’s during the first quarter valued at $7,461,000. Institutional investors own 94.96% of the company’s stock.
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.
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