Hsbc Holdings PLC Has $2.68 Million Stock Position in Brunswick Corporation $BC

Hsbc Holdings PLC boosted its holdings in Brunswick Corporation (NYSE:BC) by 32.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,979 shares of the company’s stock after buying an additional 8,733 shares during the period. Hsbc Holdings PLC owned approximately 0.06% of Brunswick worth $2,677,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Perbak Capital Partners LLP bought a new stake in Brunswick in the 3rd quarter valued at $1,339,000. Interval Partners LP raised its position in shares of Brunswick by 268.6% during the third quarter. Interval Partners LP now owns 521,401 shares of the company’s stock valued at $32,973,000 after buying an additional 379,937 shares during the last quarter. Swedbank AB acquired a new position in shares of Brunswick during the fourth quarter valued at about $10,394,000. Massachusetts Financial Services Co. MA grew its position in Brunswick by 2.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock worth $265,252,000 after buying an additional 78,228 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Brunswick by 2.0% during the third quarter. Dimensional Fund Advisors LP now owns 2,749,443 shares of the company’s stock worth $173,879,000 after buying an additional 54,838 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on BC. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday. Morgan Stanley upped their target price on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Truist Financial lifted their price target on shares of Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $87.00.

Insider Activity at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total value of $2,148,901.36. Following the completion of the sale, the chief executive officer owned 267,528 shares of the company’s stock, valued at $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.99% of the stock is owned by company insiders.

Brunswick Price Performance

Brunswick stock opened at $86.93 on Monday. The business’s fifty day moving average is $81.06 and its two-hundred day moving average is $79.79. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. Brunswick Corporation has a 52 week low of $54.72 and a 52 week high of $90.25. The firm has a market cap of $5.65 billion, a P/E ratio of -41.40 and a beta of 1.33.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the company earned $0.56 EPS. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Equities research analysts forecast that Brunswick Corporation will post 4.28 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, May 18th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, May 18th. Brunswick’s dividend payout ratio is presently -83.81%.

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.