Brink’s Company (The) $BCO Shares Purchased by State of Wyoming

State of Wyoming boosted its stake in shares of Brink’s Company (The) (NYSE:BCO) by 191.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,139 shares of the business services provider’s stock after purchasing an additional 5,349 shares during the period. State of Wyoming’s holdings in Brink’s were worth $951,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Caldwell Trust Co purchased a new position in shares of Brink’s in the 2nd quarter worth $27,000. Trust Co. of Toledo NA OH acquired a new stake in Brink’s during the second quarter worth about $32,000. Mather Group LLC. purchased a new position in shares of Brink’s in the 3rd quarter worth about $34,000. CWM LLC raised its holdings in shares of Brink’s by 53.8% in the 2nd quarter. CWM LLC now owns 512 shares of the business services provider’s stock worth $46,000 after purchasing an additional 179 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Brink’s by 161.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 323 shares in the last quarter. Institutional investors and hedge funds own 94.96% of the company’s stock.

Insider Activity at Brink’s

In related news, insider Michael E. Sweeney sold 1,418 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $119.50, for a total value of $169,451.00. Following the completion of the transaction, the insider owned 5,755 shares of the company’s stock, valued at approximately $687,722.50. This represents a 19.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.72% of the company’s stock.

Brink’s Stock Up 0.3%

NYSE BCO opened at $127.05 on Monday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 9.14. Brink’s Company has a fifty-two week low of $80.10 and a fifty-two week high of $127.48. The business has a 50 day moving average price of $119.74 and a two-hundred day moving average price of $112.99. The stock has a market cap of $5.28 billion, a PE ratio of 32.49 and a beta of 1.09.

Brink’s (NYSE:BCO) last posted its 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 analyst estimates of $1.33 billion. Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.51 earnings per share. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. As a group, sell-side analysts predict that Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s declared that its board has approved a stock buyback plan on Thursday, December 11th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the business services provider to repurchase up to 15.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Brink’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, February 2nd. Brink’s’s payout ratio is presently 26.09%.

Wall Street Analysts Forecast Growth

BCO has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Zacks Research downgraded shares of Brink’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Brink’s presently has an average rating of “Moderate Buy”.

Brink’s 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.