Bank of New York Mellon Corp Makes New Investment in Brink's Company (The) $BCO

Key Points

• Bank of New York Mellon acquired 328,377 Brink’s shares in the second quarter, worth approximately $31.0 million and representing about 0.8% of the company. Institutional investors and hedge funds collectively own 94.96% of BCO.
• Brink’s reported quarterly earnings of $2.13 per share, exceeding analysts’ $2.04 estimate, while revenue reached $1.39 billion, up 7% year over year. The company guided for third-quarter EPS of $2.23–$2.63.
• The company declared a quarterly dividend of $0.255 per share, equal to a $1.02 annualized payout and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $154, compared with the stock’s recent price near $111.

Bank of New York Mellon Corp acquired a new stake in Brink's Company (The) (NYSE:BCO - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 328,377 shares of the business services provider's stock, valued at approximately $31,028,000. Bank of New York Mellon Corp owned about 0.80% of Brink's at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp increased its holdings in shares of Brink's by 1.2% during the 4th quarter. M&T Bank Corp now owns 7,114 shares of the business services provider's stock worth $831,000 after buying an additional 86 shares during the last quarter. CWM LLC lifted its stake in shares of Brink's by 6.9% in the 4th quarter. CWM LLC now owns 1,479 shares of the business services provider's stock valued at $173,000 after purchasing an additional 96 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Brink's by 26.2% in the 4th quarter. Hantz Financial Services Inc. now owns 506 shares of the business services provider's stock valued at $59,000 after purchasing an additional 105 shares in the last quarter. Rothschild Investment LLC grew its holdings in shares of Brink's by 12.4% during the 4th quarter. Rothschild Investment LLC now owns 1,012 shares of the business services provider's stock worth $118,000 after purchasing an additional 112 shares during the period. Finally, Koshinski Asset Management Inc. increased its position in Brink's by 5.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 2,516 shares of the business services provider's stock worth $294,000 after purchasing an additional 126 shares in the last quarter. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink's Price Performance

BCO opened at $110.97 on Friday. The company has a market capitalization of $4.57 billion, a P/E ratio of 25.69 and a beta of 1.04. The company has a 50-day moving average of $110.21 and a 200-day moving average of $109.99. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62. Brink's Company has a 1-year low of $91.05 and a 1-year high of $136.37.

Brink's (NYSE:BCO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The business services provider reported $2.13 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.09. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm earned $1.79 earnings per share. Brink's has set its Q3 2026 guidance at 2.230-2.630 EPS. Equities analysts expect that Brink's Company will post 9.13 EPS for the current fiscal year.

Brink's Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th will be issued a $0.255 dividend. The ex-dividend date of this dividend is Monday, July 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.9%. Brink's's payout ratio is 23.61%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BCO shares. Wall Street Zen downgraded shares of Brink's from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Brink's from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $154.00.

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.

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