Bank of Montreal Can Sells 987 Shares of Brink’s Company (The) $BCO

Bank of Montreal Can cut its holdings in Brink’s Company (The) (NYSE:BCO) by 17.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,686 shares of the business services provider’s stock after selling 987 shares during the period. Bank of Montreal Can’s holdings in Brink’s were worth $418,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BCO. American Century Companies Inc. increased its stake in shares of Brink’s by 1.9% in the 1st quarter. American Century Companies Inc. now owns 1,525,099 shares of the business services provider’s stock worth $131,403,000 after purchasing an additional 28,439 shares in the last quarter. Ariel Investments LLC grew its holdings in Brink’s by 8.7% during the first quarter. Ariel Investments LLC now owns 1,394,284 shares of the business services provider’s stock valued at $120,132,000 after purchasing an additional 112,180 shares during the period. Channing Capital Management LLC increased its position in Brink’s by 7.6% in the first quarter. Channing Capital Management LLC now owns 890,700 shares of the business services provider’s stock worth $76,743,000 after buying an additional 62,676 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Brink’s by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 546,372 shares of the business services provider’s stock worth $47,075,000 after buying an additional 4,524 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Brink’s by 3.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 533,038 shares of the business services provider’s stock valued at $45,927,000 after buying an additional 15,323 shares in the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on BCO shares. Wall Street Zen raised shares of Brink’s from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 10th. Zacks Research cut shares of Brink’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Weiss Ratings upgraded shares of Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Brink’s Trading Up 0.9%

Shares of Brink’s stock opened at $109.04 on Wednesday. Brink’s Company has a twelve month low of $80.10 and a twelve month high of $118.60. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 9.84. The business has a 50-day moving average price of $113.74 and a 200-day moving average price of $101.40. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 29.47 and a beta of 1.46.

Brink’s (NYSE:BCO) last announced its quarterly earnings results on Wednesday, November 5th. The business services provider reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.33 billion. Brink’s had a net margin of 3.21% and a return on equity of 86.86%. Brink’s’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.51 earnings per share. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. Equities research analysts anticipate that Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 3rd will be issued a $0.255 dividend. The ex-dividend date of this dividend is Monday, November 3rd. 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 26.09%.

Brink’s Profile

The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.