Brink's Company (The) $BCO Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth cut its Brink’s stake by 40.7% in the second quarter, selling 19,142 shares and retaining 27,923 shares worth approximately $2.64 million. Institutional investors and hedge funds collectively own 94.96% of BCO.
• Brink’s reported quarterly EPS of $2.13, beating estimates of $2.04, while revenue rose 7% year over year to $1.39 billion. The company provided third-quarter EPS guidance of $2.23 to $2.63.
• BCO recently paid a quarterly dividend of $0.255 per share, equivalent to a 0.9% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $154, above the stock’s reported $107.60 price.

Corient Private Wealth LP lessened its holdings in shares of Brink's Company (The) (NYSE:BCO - Free Report) by 40.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,923 shares of the business services provider's stock after selling 19,142 shares during the period. Corient Private Wealth LP owned 0.07% of Brink's worth $2,638,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. 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 worth $59,000 after acquiring an additional 105 shares during the period. Rothschild Investment LLC raised its stake in shares of Brink's by 12.4% in the 4th quarter. Rothschild Investment LLC now owns 1,012 shares of the business services provider's stock worth $118,000 after buying an additional 112 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Brink's by 1.1% in the 2nd quarter. Hsbc Holdings PLC now owns 15,650 shares of the business services provider's stock worth $1,469,000 after buying an additional 169 shares in the last quarter. Simplicity Wealth LLC boosted its stake in Brink's by 8.4% during the first quarter. Simplicity Wealth LLC now owns 2,594 shares of the business services provider's stock valued at $269,000 after buying an additional 200 shares in the last quarter. Finally, State of Michigan Retirement System boosted its position in shares of Brink's by 2.0% during the 1st quarter. State of Michigan Retirement System now owns 9,977 shares of the business services provider's stock valued at $1,034,000 after purchasing an additional 200 shares in the last quarter. 94.96% of the stock is currently owned by institutional investors and hedge funds.

Brink's Trading Up 1.4%

Brink's stock opened at $107.60 on Tuesday. Brink's Company has a 52 week low of $91.05 and a 52 week high of $136.37. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 24.91 and a beta of 1.03. The company has a 50 day moving average price of $112.91 and a 200 day moving average price of $107.52.

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

Brink's Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th were paid a dividend of $0.255 per share. 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 (DPR) is 23.61%.

Analyst Ratings Changes

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

About Brink's

Brink's Company NYSE: BCO is a global provider of secure logistics and security services. The company helps businesses, financial institutions, retailers, governments and other organizations manage, transport and protect cash and other valuable assets.

Its services include cash-in-transit transportation, cash processing and vaulting, automated teller machine replenishment and maintenance, and other cash-management solutions. Brink's also provides secure logistics for high-value goods, including jewelry, precious metals, electronics and other specialized shipments, as well as payment and related technology services in selected markets.

Founded in 1859, Brink's has grown from a domestic armored transportation business into an international security-services company.

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