Brink’s (NYSE:BCO) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Brink’s (NYSE:BCO) from a buy rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $154.00.

Brink’s Stock Performance

NYSE BCO opened at $104.78 on Friday. The stock has a market capitalization of $4.32 billion, a PE ratio of 24.25 and a beta of 1.03. The business has a 50 day simple moving average of $111.95 and a two-hundred day simple moving average of $107.09. The company has a debt-to-equity ratio of 8.80, a current ratio of 1.62 and a quick ratio of 1.62. Brink’s has a 1-year low of $91.05 and a 1-year high of $136.37.

Brink’s (NYSE:BCO) last issued its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.09. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Brink’s had a return on equity of 87.18% and a net margin of 3.30%.The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 EPS. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. On average, research analysts predict that Brink’s will post 9.13 EPS for the current fiscal year.

Brink’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th were paid a dividend of $0.2550 per share. This represents a $1.02 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Monday, July 27th. Brink’s’s payout ratio is presently 23.61%.

Institutional Investors Weigh In On Brink’s

Several institutional investors have recently modified their holdings of the stock. First Trust Advisors LP increased its position in shares of Brink’s by 5.3% during the 1st quarter. First Trust Advisors LP now owns 862,692 shares of the business services provider’s stock valued at $89,401,000 after purchasing an additional 43,311 shares during the last quarter. Engine Capital Management LP boosted its stake in 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 buying an additional 508,343 shares during the period. Norges Bank bought a new position in Brink’s during the fourth quarter valued at $61,105,000. Northwestern Mutual Wealth Management Co. increased its position in Brink’s by 385,161.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 446,903 shares of the business services provider’s stock valued at $52,167,000 after acquiring an additional 446,787 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Brink’s in the second quarter valued at $31,028,000. 94.96% of the stock is owned by institutional investors.

Brink’s Company Profile

Brink’s Company (NYSE: BCO) is a global provider of secure logistics and security services. The company helps businesses, financial institutions, retailers, governments and other organizations manage, transport and protect cash and other valuable assets.

Its services include cash-in-transit transportation, cash processing and vaulting, automated teller machine replenishment and maintenance, and other cash-management solutions. Brink’s also provides secure logistics for high-value goods, including jewelry, precious metals, electronics and other specialized shipments, as well as payment and related technology services in selected markets.

Founded in 1859, Brink’s has grown from a domestic armored transportation business into an international security-services company.