Engine Capital Management LP Grows Holdings in Brink’s Company (The) $BCO

Engine Capital Management LP grew its holdings in shares of Brink’s Company (The) (NYSE:BCO) by 1,237.6% in the first quarter, Holdings Channel reports. The institutional investor owned 549,417 shares of the business services provider’s stock after acquiring an additional 508,343 shares during the period. Brink’s makes up 6.9% of Engine Capital Management LP’s investment portfolio, making the stock its 5th largest holding. Engine Capital Management LP’s holdings in Brink’s were worth $56,936,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in BCO. Norges Bank acquired a new stake in shares of Brink’s in the 4th quarter worth about $61,105,000. Simcoe Capital Management LLC acquired a new position in Brink’s during the 2nd quarter valued at about $43,465,000. Northwestern Mutual Wealth Management Co. increased its holdings in Brink’s by 385,161.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 446,903 shares of the business services provider’s stock worth $52,167,000 after purchasing an additional 446,787 shares in the last quarter. Nuveen LLC increased its holdings in Brink’s by 229.7% during the 4th quarter. Nuveen LLC now owns 420,297 shares of the business services provider’s stock worth $49,061,000 after purchasing an additional 292,829 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Brink’s by 36.4% in the fourth quarter. First Trust Advisors LP now owns 819,381 shares of the business services provider’s stock worth $95,646,000 after purchasing an additional 218,716 shares during the last quarter. 94.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $154.00.

Brink’s Price Performance

BCO opened at $118.13 on Tuesday. Brink’s Company has a 1 year low of $84.99 and a 1 year high of $136.37. 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 company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 27.60 and a beta of 1.06. The firm’s fifty day moving average price is $104.84 and its two-hundred day moving average price is $111.87.

Brink’s (NYSE:BCO) last announced its earnings results on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, beating the consensus estimate of $1.59 by $0.21. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the company 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, analysts anticipate that Brink’s Company will post 9.14 earnings per share for the current fiscal year.

Brink’s Dividend Announcement

The company 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 $0.255 dividend. The ex-dividend date is Monday, July 27th. This represents a $1.02 annualized dividend and a yield of 0.9%. Brink’s’s dividend payout ratio (DPR) is 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.