Renaissance Technologies LLC Has $13.32 Million Stock Holdings in Brink’s Company (The) $BCO

Renaissance Technologies LLC cut its stake in shares of Brink’s Company (The) (NYSE:BCO) by 10.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 128,532 shares of the business services provider’s stock after selling 14,800 shares during the quarter. Renaissance Technologies LLC’s holdings in Brink’s were worth $13,320,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BCO. Royal Bank of Canada boosted its holdings in shares of Brink’s by 10.9% in the 1st quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock valued at $4,711,000 after buying an additional 5,359 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Brink’s by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,098 shares of the business services provider’s stock worth $2,249,000 after buying an additional 852 shares during the last quarter. United Services Automobile Association acquired a new position in Brink’s during the first quarter worth $257,000. Quantbot Technologies LP bought a new stake in Brink’s during the second quarter worth $178,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Brink’s by 322.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 15,953 shares of the business services provider’s stock worth $1,424,000 after acquiring an additional 12,177 shares in the last quarter. Institutional investors own 94.96% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wall Street Zen downgraded shares of Brink’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Weiss Ratings downgraded shares of 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 assigned a Hold rating to the stock. Based on data from MarketBeat, Brink’s has an average rating of “Moderate Buy” and a consensus price target of $154.00.

Brink’s Stock Performance

NYSE BCO opened at $118.39 on Friday. The stock has a market cap of $4.88 billion, a PE ratio of 27.66 and a beta of 1.06. 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 has a 50-day moving average of $105.98 and a 200-day moving average of $111.83. Brink’s Company has a 52-week low of $84.99 and a 52-week high of $136.37.

Brink’s (NYSE:BCO) last announced its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, beating analysts’ consensus estimates 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 prior year, the business earned $1.62 EPS. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts anticipate that Brink’s Company will post 9.14 EPS for the current year.

Brink’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th will be given a $0.255 dividend. The ex-dividend date of this dividend is Monday, July 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.9%. Brink’s’s dividend payout ratio is presently 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.