Icon Advisers Inc. Co. Acquires 9,000 Shares of Brink’s Company (The) $BCO

Icon Advisers Inc. Co. raised its holdings in Brink’s Company (The) (NYSE:BCO) by 56.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,000 shares of the business services provider’s stock after buying an additional 9,000 shares during the period. Icon Advisers Inc. Co.’s holdings in Brink’s were worth $2,591,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BCO. M&T Bank Corp increased its holdings in shares of Brink’s by 571.5% during the 4th quarter. M&T Bank Corp now owns 47,190 shares of the business services provider’s stock worth $5,508,000 after acquiring an additional 40,162 shares during the last quarter. K.J. Harrison & Partners Inc acquired a new stake in Brink’s during the 4th quarter valued at $1,167,000. SG Americas Securities LLC lifted its holdings in Brink’s by 176.8% during the 4th quarter. SG Americas Securities LLC now owns 15,925 shares of the business services provider’s stock valued at $1,859,000 after purchasing an additional 10,172 shares during the last quarter. Hillsdale Investment Management Inc. bought a new position in Brink’s during the first quarter worth $7,461,000. Finally, Vanguard Group Inc. increased its holdings in shares of Brink’s by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 4,129,187 shares of the business services provider’s stock valued at $482,000,000 after purchasing an additional 94,634 shares during the last quarter. Institutional investors own 94.96% of the company’s stock.

Brink’s Trading Down 0.5%

Shares of BCO stock opened at $122.56 on Thursday. Brink’s Company has a 12-month low of $84.99 and a 12-month high of $136.37. The company has a market capitalization of $5.05 billion, a PE ratio of 28.64 and a beta of 1.06. The firm has a 50 day moving average price of $103.92 and a two-hundred day moving average price of $111.83. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 9.75.

Brink’s (NYSE:BCO) last posted its earnings results on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, beating the consensus estimate of $1.59 by $0.21. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Brink’s had a return on equity of 87.38% and a net margin of 3.35%.The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.62 earnings per share. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. As a group, analysts predict that Brink’s Company will post 9.14 earnings per share for the current year.

Brink’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, July 27th. Brink’s’s dividend payout ratio is currently 23.83%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research 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 stock. According to MarketBeat.com, Brink’s has an average rating of “Moderate Buy” and an average price target of $154.00.

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.