Engineers Gate Manager LP Acquires 12,457 Shares of Brink's Company (The) $BCO

Key Points

• Engineers Gate Manager LP increased its Brink’s (NYSE: BCO) position by 49.4% in the second quarter, acquiring 12,457 shares and ending the period with 37,669 shares valued at approximately $3.56 million. Institutional investors collectively own 94.96% of the company.
• Brink’s reported quarterly earnings of $2.13 per share, exceeding analyst expectations of $2.04, while revenue rose 7% year over year to $1.39 billion. The company issued third-quarter EPS guidance of $2.23–$2.63.
• The company pays a quarterly dividend of $0.255, equivalent to an annualized $1.02 and a 0.9% yield. Analysts give BCO a “Moderate Buy” consensus rating with an average price target of $154, compared with its recent price of $112.10.

Engineers Gate Manager LP boosted its position in shares of Brink's Company (The) (NYSE:BCO - Free Report) by 49.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,669 shares of the business services provider's stock after acquiring an additional 12,457 shares during the period. Engineers Gate Manager LP owned approximately 0.09% of Brink's worth $3,559,000 at the end of the most recent quarter.

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

Brink's Price Performance

BCO stock opened at $112.10 on Monday. The stock has a 50-day moving average price of $112.52 and a two-hundred day moving average price of $108.34. Brink's Company has a 1 year low of $91.05 and a 1 year high of $136.37. The stock has a market cap of $4.62 billion, a PE ratio of 25.95 and a beta of 1.03. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 8.80.

Brink's (NYSE:BCO - Get Free Report) last posted its quarterly earnings data 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. Brink's had a net margin of 3.30% and a return on equity of 87.18%. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the business posted $1.79 EPS. The company's quarterly 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. Equities analysts forecast that Brink's Company will post 9.13 EPS for the current fiscal year.

Brink's Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on the company. Wall Street Zen lowered 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 report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $154.00.

Brink's Profile

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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