Brunswick Co. (NYSE:BC) insider John C. Pfeifer sold 2,346 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $58.26, for a total transaction of $136,677.96. Following the transaction, the insider now owns 44,488 shares in the company, valued at $2,591,870.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

John C. Pfeifer also recently made the following trade(s):

  • On Monday, April 10th, John C. Pfeifer sold 9,538 shares of Brunswick stock. The stock was sold at an average price of $58.00, for a total transaction of $553,204.00.

Brunswick Co. (NYSE:BC) traded down 1.69% during trading on Friday, reaching $57.47. 927,404 shares of the company’s stock traded hands. The firm has a 50 day moving average of $58.59 and a 200 day moving average of $55.59. The firm has a market capitalization of $5.13 billion, a PE ratio of 19.09 and a beta of 1.95. Brunswick Co. has a 1-year low of $41.19 and a 1-year high of $61.74.

Brunswick (NYSE:BC) last released its earnings results on Thursday, April 27th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.02. Brunswick had a net margin of 6.15% and a return on equity of 23.22%. The business had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the company earned $0.71 earnings per share. Equities analysts forecast that Brunswick Co. will post $4.05 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Tuesday, May 23rd will be given a $0.165 dividend. The ex-dividend date of this dividend is Friday, May 19th. This represents a $0.66 annualized dividend and a dividend yield of 1.15%. Brunswick’s dividend payout ratio is presently 22.07%.

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Large investors have recently added to or reduced their stakes in the company. Exencial Wealth Advisors LLC boosted its stake in Brunswick by 0.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 54,088 shares of the company’s stock valued at $2,950,000 after buying an additional 160 shares in the last quarter. Cornerstone Financial Partners LLC boosted its stake in Brunswick by 1.8% in the first quarter. Cornerstone Financial Partners LLC now owns 10,586 shares of the company’s stock valued at $647,000 after buying an additional 189 shares in the last quarter. Tdam USA Inc. boosted its stake in Brunswick by 0.5% in the first quarter. Tdam USA Inc. now owns 38,490 shares of the company’s stock valued at $2,356,000 after buying an additional 195 shares in the last quarter. Capstone Asset Management Co. boosted its stake in Brunswick by 3.8% in the first quarter. Capstone Asset Management Co. now owns 7,452 shares of the company’s stock valued at $456,000 after buying an additional 270 shares in the last quarter. Finally, State Treasurer State of Michigan boosted its stake in Brunswick by 0.8% in the first quarter. State Treasurer State of Michigan now owns 36,400 shares of the company’s stock valued at $2,228,000 after buying an additional 300 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently weighed in on the stock. B. Riley restated a “buy” rating and set a $72.00 price target on shares of Brunswick in a research report on Wednesday, May 3rd. Stifel Nicolaus restated an “outperform” rating and set a $65.00 price target (up from $64.00) on shares of Brunswick in a research report on Friday, April 14th. Royal Bank of Canada boosted their price target on shares of Brunswick from $57.00 to $65.00 and gave the stock an “outperform” rating in a research report on Friday, January 27th. Zacks Investment Research upgraded shares of Brunswick from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. Finally, Jefferies Group LLC restated a “hold” rating and set a $56.00 price target on shares of Brunswick in a research report on Friday, March 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $64.64.

Brunswick Company Profile

Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.

5 Day Chart for NYSE:BC

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