Gabelli Funds LLC Raises Stock Holdings in Brink’s Company (The) $BCO

Gabelli Funds LLC increased its position in Brink’s Company (The) (NYSE:BCO) by 37.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 16,450 shares of the business services provider’s stock after purchasing an additional 4,450 shares during the period. Gabelli Funds LLC’s holdings in Brink’s were worth $1,705,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BCO. Norges Bank purchased a new position in Brink’s during the fourth quarter valued at $61,105,000. Simcoe Capital Management LLC purchased a new stake in shares of Brink’s in the 2nd quarter worth about $43,465,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Brink’s by 385,161.2% in 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 buying an additional 446,787 shares during the period. Nuveen LLC increased its stake in shares of Brink’s by 229.7% in the 4th quarter. Nuveen LLC now owns 420,297 shares of the business services provider’s stock worth $49,061,000 after acquiring an additional 292,829 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Brink’s by 36.4% in the 4th quarter. First Trust Advisors LP now owns 819,381 shares of the business services provider’s stock worth $95,646,000 after acquiring an additional 218,716 shares in the last quarter. Institutional investors own 94.96% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brink’s has a consensus rating of “Moderate Buy” and a consensus target price of $154.00.

Brink’s Trading Up 2.7%

Brink’s stock opened at $121.42 on Thursday. 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 business’s fifty day simple moving average is $105.45 and its two-hundred day simple moving average is $111.85. Brink’s Company has a 12 month low of $84.99 and a 12 month high of $136.37. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 28.37 and a beta of 1.06.

Brink’s (NYSE:BCO) last released its earnings results on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, topping 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 period in the prior year, the firm posted $1.62 earnings per share. The company’s quarterly revenue 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, equities analysts predict 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. Investors of record on Monday, July 27th will be given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, July 27th. Brink’s’s dividend payout ratio 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.