California Public Employees Retirement System Acquires 8,498 Shares of Brink’s Company (The) $BCO

California Public Employees Retirement System lifted its stake in shares of Brink’s Company (The) (NYSE:BCO) by 9.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 95,082 shares of the business services provider’s stock after acquiring an additional 8,498 shares during the period. California Public Employees Retirement System’s holdings in Brink’s were worth $9,853,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BCO. NFSG Corp acquired a new stake in Brink’s in the first quarter worth $32,000. Hillsdale Investment Management Inc. bought a new position in shares of Brink’s during the 1st quarter worth about $7,461,000. State of Michigan Retirement System grew its stake in shares of Brink’s by 2.0% in the 1st quarter. State of Michigan Retirement System now owns 9,977 shares of the business services provider’s stock valued at $1,034,000 after buying an additional 200 shares during the period. Principal Financial Group Inc. grew its stake in shares of 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 buying an additional 35,358 shares during the period. Finally, J. Safra Sarasin Holding AG bought a new stake in Brink’s in the 1st quarter valued at about $249,000. 94.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Brink’s Stock Performance

Shares of BCO stock opened at $121.98 on Friday. The firm has a market capitalization of $5.02 billion, a PE ratio of 28.50 and a beta of 1.06. The firm has a fifty day simple moving average of $104.57 and a two-hundred day simple moving average of $111.94. 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 Company has a 12 month low of $84.99 and a 12 month high of $136.37.

Brink’s (NYSE:BCO) last released its quarterly earnings data 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 firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the firm earned $1.62 earnings per share. The business’s quarterly revenue 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. Analysts forecast that Brink’s Company will post 9.14 EPS for the current fiscal year.

Brink’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, July 27th will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis 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%.

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.