Brunswick Corporation $BC Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in shares of Brunswick Corporation (NYSE:BC) by 17.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,411,827 shares of the company’s stock after selling 288,337 shares during the period. Bank of New York Mellon Corp’s holdings in Brunswick were worth $104,814,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its holdings in Brunswick by 56.4% in the third quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock valued at $145,637,000 after purchasing an additional 830,451 shares in the last quarter. Norges Bank acquired a new position in shares of Brunswick in the 4th quarter valued at $46,665,000. AQR Capital Management LLC boosted its holdings in shares of Brunswick by 812.7% in the 2nd quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock valued at $38,934,000 after buying an additional 628,393 shares in the last quarter. Marshall Wace LLP grew its position in shares of Brunswick by 62.4% in the 3rd quarter. Marshall Wace LLP now owns 1,471,536 shares of the company’s stock valued at $93,060,000 after buying an additional 565,459 shares during the last quarter. Finally, Interval Partners LP raised its stake in Brunswick by 268.6% during the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock worth $32,973,000 after acquiring an additional 379,937 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Insider Buying and Selling at Brunswick

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the transaction, the chief executive officer directly owned 267,528 shares in the company, valued at approximately $22,236,927.36. This trade represents a 8.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.99% of the company’s stock.

Brunswick Trading Down 0.0%

Shares of Brunswick stock opened at $80.37 on Monday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. The company has a market capitalization of $5.22 billion, a P/E ratio of -38.27 and a beta of 1.33. Brunswick Corporation has a 1 year low of $54.19 and a 1 year high of $90.25. The company’s fifty day moving average is $78.59 and its two-hundred day moving average is $78.05.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the firm earned $0.56 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Analysts forecast that Brunswick Corporation will post 4.29 earnings per share for the current year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, May 18th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, May 18th. Brunswick’s dividend payout ratio (DPR) is presently -83.81%.

Analyst Ratings Changes

BC has been the subject of a number of research reports. Truist Financial boosted their price target on shares of Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. lifted their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Morgan Stanley boosted their target price on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Wall Street Zen cut Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $87.00.

Brunswick Company Profile

Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.

Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.