Paralel Advisors LLC Acquires Shares of 22,283 Brink’s Company (The) $BCO

Paralel Advisors LLC bought a new stake in Brink’s Company (The) (NYSE:BCO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 22,283 shares of the business services provider’s stock, valued at approximately $2,106,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Brink’s by 10.9% in the first quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock valued at $4,711,000 after acquiring an additional 5,359 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Brink’s by 3.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,098 shares of the business services provider’s stock worth $2,249,000 after purchasing an additional 852 shares during the last quarter. United Services Automobile Association bought a new stake in Brink’s during the 1st quarter worth about $257,000. Quantbot Technologies LP acquired a new position in Brink’s during the 2nd quarter valued at about $178,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in Brink’s by 322.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 15,953 shares of the business services provider’s stock valued at $1,424,000 after purchasing an additional 12,177 shares during the period. Institutional investors own 94.96% of the company’s stock.

Brink’s Stock Down 0.0%

Shares of Brink’s stock opened at $108.83 on Monday. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 8.80. Brink’s Company has a 12 month low of $91.05 and a 12 month high of $136.37. The business has a fifty day simple moving average of $111.43 and a 200 day simple moving average of $109.07. The stock has a market cap of $4.48 billion, a PE ratio of 25.19 and a beta of 1.03.

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

Brink’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th were paid a $0.255 dividend. The ex-dividend date of this dividend was 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 is 23.61%.

Analysts Set New Price Targets

BCO has been the subject of several analyst reports. Wall Street Zen cut shares of Brink’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded shares of Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $154.00.

Brink’s Company Profile

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.