Hillsdale Investment Management Inc. Purchases Shares of 72,000 Brink’s Company (The) $BCO

Hillsdale Investment Management Inc. acquired a new stake in Brink’s Company (The) (NYSE:BCO) in the 1st quarter, Holdings Channel reports. The firm acquired 72,000 shares of the business services provider’s stock, valued at approximately $7,461,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada grew its holdings in Brink’s by 10.9% during the 1st quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock worth $4,711,000 after acquiring an additional 5,359 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Brink’s by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,098 shares of the business services provider’s stock valued at $2,249,000 after purchasing an additional 852 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Brink’s in the 1st quarter valued at $257,000. Quantbot Technologies LP purchased a new stake in shares of Brink’s during the 2nd quarter worth $178,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of 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 purchasing an additional 12,177 shares in the last quarter. 94.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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 given a Hold rating to the company. Based on data from MarketBeat, Brink’s has an average rating of “Moderate Buy” and a consensus price target of $154.00.

Brink’s Price Performance

Shares of NYSE:BCO opened at $107.37 on Tuesday. The company’s fifty day moving average price is $102.33 and its 200 day moving average price is $111.87. Brink’s Company has a 12 month low of $84.99 and a 12 month 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 firm has a market capitalization of $4.42 billion, a P/E ratio of 25.09 and a beta of 1.06.

Brink’s (NYSE:BCO) last announced its quarterly earnings results 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. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the previous year, the company earned $1.62 earnings per share. Brink’s’s quarterly revenue was up 10.3% compared to the same quarter last year. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts predict that Brink’s Company will post 9.14 earnings per share for the current fiscal year.

Brink’s Announces Dividend

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