New York State Common Retirement Fund Has $18.66 Million Stock Holdings in Brink’s Company (The) $BCO

New York State Common Retirement Fund trimmed its holdings in shares of Brink’s Company (The) (NYSE:BCO) by 23.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 208,945 shares of the business services provider’s stock after selling 62,775 shares during the quarter. New York State Common Retirement Fund’s holdings in Brink’s were worth $18,657,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of BCO. Norges Bank bought a new stake in shares of Brink’s in the second quarter worth $45,512,000. Fourth Sail Capital LP bought a new position in Brink’s during the 2nd quarter worth $25,135,000. Boston Partners lifted its holdings in Brink’s by 80.3% during the 2nd quarter. Boston Partners now owns 548,366 shares of the business services provider’s stock worth $48,916,000 after buying an additional 244,242 shares during the period. American Century Companies Inc. grew its position in shares of Brink’s by 8.2% in the 2nd quarter. American Century Companies Inc. now owns 1,650,856 shares of the business services provider’s stock valued at $147,405,000 after buying an additional 125,757 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Brink’s in the first quarter valued at about $9,929,000. Institutional investors own 94.96% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on BCO. Zacks Research lowered Brink’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wall Street Zen raised shares of Brink’s from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 10th. Finally, Weiss Ratings upgraded shares of Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Brink’s has a consensus rating of “Moderate Buy”.

Brink’s Trading Up 0.5%

Shares of BCO stock opened at $113.28 on Wednesday. Brink’s Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.60. The company has a debt-to-equity ratio of 9.14, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a 50 day simple moving average of $112.97 and a two-hundred day simple moving average of $102.86. The company has a market cap of $4.71 billion, a P/E ratio of 28.97 and a beta of 1.11.

Brink’s (NYSE:BCO) last announced its quarterly earnings data on Wednesday, November 5th. The business services provider reported $2.08 EPS for the quarter, missing the consensus estimate of $2.09 by ($0.01). Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the business earned $1.51 EPS. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. Research analysts forecast that Brink’s Company will post 6.49 earnings per share for the current year.

Brink’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 3rd were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, November 3rd. Brink’s’s payout ratio is 26.09%.

Brink’s Profile

The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.