FMR LLC & Abigail Johnson Maintain 10.66% Stake in Brinks Co.
Ticker: BCO · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 78890
| Field | Detail |
|---|---|
| Company | Brinks CO (BCO) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**FMR LLC and Abigail Johnson still own over 10% of Brinks Co, showing strong institutional confidence.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in BRINKS CO. As of February 9, 2024, they collectively beneficially own 4,802,020 shares of BRINKS CO common stock, representing 10.659% of the company. This filing, an amendment to a previous SC 13G, indicates a significant, stable institutional holding, which can provide a sense of confidence for current and potential investors in BRINKS CO.
Why It Matters
This filing shows that a large, influential institutional investor and its leader continue to hold a substantial portion of BRINKS CO, signaling their ongoing belief in the company's value. For investors, this can be a positive indicator of long-term stability and institutional confidence.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces perceived risk for a company.
Analyst Insight
A smart investor would note this stable institutional ownership as a potential positive signal, but would still conduct their own due diligence on BRINKS CO's fundamentals and market conditions before making any investment decisions.
Key Numbers
- 4,802,020 — Shares Beneficially Owned (Represents the total common stock shares of BRINKS CO held by FMR LLC and Abigail P. Johnson.)
- 10.659% — Percent of Class (Indicates the significant portion of BRINKS CO's common stock owned by these reporting persons.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- BRINKS CO (company) — issuer of the common stock
- 4,802,020 (dollar_amount) — total shares beneficially owned
- 10.659% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will likely maintain a significant stake in BRINKS CO for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing for BRINKS CO?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the total number of BRINKS CO common stock shares beneficially owned by FMR LLC and Abigail P. Johnson?
According to Item 4(a) and Item 7 for both reporting persons, they beneficially own a total of 4,802,020 shares of BRINKS CO common stock.
What percentage of BRINKS CO's common stock class do FMR LLC and Abigail P. Johnson collectively own?
Item 4(b) and Item 11 for both reporting persons indicate they collectively own 10.659% of the class of BRINKS CO common stock.
What rule is this Schedule 13G filed under?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing.
What is the CUSIP number for BRINKS CO common stock mentioned in the filing?
The CUSIP number for BRINKS CO common stock is 109696104, as stated in the filing's header and Item 2(e).
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding BRINKS CO (BCO).