Silvercrest Asset Management Group 13F: Cuts BCO Stake by $4.5M

Silvercrest Asset Management Group recently trimmed its stake in The Brink's Company (NYSE: BCO). The firm reduced its holdings by 48,074 shares, a 5.5% decrease, leaving it with 819,260 shares valued at approximately $83.5 million as of the reporting period ending March 31, 2026, according to a Form 13F filing with the SEC.

What Changed in Silvercrest's Brink's Position

Silvercrest's decision to reduce its position in Brink's resulted in a decrease from 867,334 shares to 819,260 shares. This reduction of 48,074 shares reflects a 5.5% decrease in their holdings. The total value of Silvercrest's stake in Brink's is now around $83.5 million.

Other Institutional Activity in Brink's

Several other major institutional investors made moves in Brink's recently. BlackRock, Inc. increased its holdings by 167,339 shares, bringing its total to over 5.3 million shares worth about $552.7 million. FMR LLC also grew its stake by 263,963 shares, now holding approximately 4.7 million shares valued at $486.1 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both made significant additions, each acquiring over 1.8 million shares. State Street Corp added 6,475 shares, reaching a total of 1.56 million shares valued at $161.3 million.

The Brink's Company Stock Down 11.0%

Shares of The Brink's Company (NYSE: BCO) traded near $101.94 recently. The company has a market capitalization of about $4.2 billion. Brink's boasts a P/E ratio of 23.82 and a forward P/E of 9.63, with a beta of 1.043. The stock's 52-week range has seen a low of $84.38 and a high of $136.37. Its 50-day moving average is $105.86, while the 200-day moving average is $113.95.

Recent Earnings

In its most recent earnings report, Brink's posted revenue of approximately $5.39 billion, with a growth rate of 10.3% year-over-year. The company's net margin was 3.34%, and it achieved a return on equity of 53.04%. The next earnings release is expected on August 5, 2026.

Dividend

Brink's pays an annual dividend rate of $1.02 per share, yielding 1.0%. The dividend payout ratio stands at 23.83%.

Insider Buying and Selling at The Brink's Company

Recent insider activity at Brink's includes several purchases on June 1, 2026. Elizabeth Galloway, EVP and CHRO, bought 7 shares, and Kurt McMaken, EVP and CFO, acquired 13 shares at an average price of $103.02. Paul Boynton also purchased shares, acquiring a total of 89 shares, while Guillermo Eduardo Peschard Mijares, EVP, bought 2 shares.

Analysts Set New Price Targets

On March 2, 2026, Goldman Sachs maintained its buy rating on Brink's with a price target of $145. Truist Securities also maintained its buy rating with a target of $163 on February 10, 2026. The consensus among analysts is a buy rating, with an average target price of $153 based on two opinions.

About The Brink's Company

The Brink's Company, headquartered in Richmond, Virginia, operates in the industrials sector specializing in security and protection services. The firm provides cash and valuables management, digital retail solutions, and ATM managed services across North America, Latin America, Europe, and other international markets. With a workforce of 63,600 employees, Brink's offers a range of services including cash-in-transit, cash management, vaulting, and ATM management.

Bottom Line

Silvercrest's trimming of its Brink's position reflects a rebalancing of its portfolio, a common practice among institutional investors. The Brink's Company remains a significant player in the security services industry, with robust revenue growth and a steady dividend. Recent analyst ratings suggest continued confidence in the stock's performance, though it's important to note that 13F filings reflect past positions and may not indicate current holdings.