Principal Financial Group Inc. Purchases 35,358 Shares of Brink’s Company (The) $BCO

Principal Financial Group Inc. grew its position in Brink’s Company (The) (NYSE:BCO) by 39.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 126,050 shares of the business services provider’s stock after buying an additional 35,358 shares during the period. Principal Financial Group Inc.’s holdings in Brink’s were worth $13,063,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in Brink’s by 150.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 243 shares of the business services provider’s stock worth $29,000 after purchasing an additional 146 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Brink’s in the 3rd quarter valued at about $33,000. Global Retirement Partners LLC acquired a new stake in shares of Brink’s during the 4th quarter worth approximately $39,000. Wexford Capital LP acquired a new stake in shares of Brink’s during the 3rd quarter worth approximately $42,000. Finally, Danske Bank A S bought a new stake in shares of Brink’s during the third quarter worth approximately $58,000. Institutional investors own 94.96% of the company’s stock.

Brink’s Stock Performance

Shares of NYSE:BCO opened at $121.98 on Friday. The firm’s 50 day simple moving average is $104.57 and its 200 day simple moving average is $111.94. Brink’s Company has a fifty-two week low of $84.99 and a fifty-two week high of $136.37. The company has a market capitalization of $5.02 billion, a price-to-earnings ratio of 28.50 and a beta of 1.06. The company has a debt-to-equity ratio of 9.75, a current ratio of 1.53 and a quick ratio of 1.53.

Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.21. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.62 EPS. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts forecast that Brink’s Company will post 9.14 earnings per share for the current 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 given a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, July 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. Brink’s’s dividend payout ratio (DPR) is currently 23.83%.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $154.00.

Brink’s Company 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.