Wall Street Zen downgraded shares of Brink’s (NYSE:BCO – Free Report) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday.
Separately, Weiss Ratings cut 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 given a Hold rating to the company’s stock. Based on data from MarketBeat, Brink’s has an average rating of “Moderate Buy” and an average target price of $154.00.
Get Our Latest Report on Brink’s
Brink’s Price Performance
Brink’s (NYSE:BCO – Get Free Report) 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. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.36 billion. Brink’s had a return on equity of 87.38% and a net margin of 3.35%.The company’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $1.62 EPS. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. Research analysts expect that Brink’s will post 9.14 EPS for the current year.
Brink’s Announces Dividend
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 paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, July 27th. Brink’s’s dividend payout ratio is presently 23.83%.
Institutional Investors Weigh In On Brink’s
A number of institutional investors have recently modified their holdings of the business. Norges Bank purchased a new position in Brink’s during the fourth quarter valued at $61,105,000. Engine Capital Management LP increased its stake in shares of Brink’s by 1,237.6% during the first quarter. Engine Capital Management LP now owns 549,417 shares of the business services provider’s stock worth $56,936,000 after purchasing an additional 508,343 shares in the last quarter. Simcoe Capital Management LLC purchased a new stake in shares of Brink’s during the second quarter worth about $43,465,000. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 during the last quarter. Finally, Nuveen LLC raised its position in shares of 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 during the last quarter. 94.96% of the stock is currently owned by institutional investors and hedge funds.
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.
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