18,900 Shares in Brunswick Corporation $BC Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in Brunswick Corporation (NYSE:BC) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,900 shares of the company’s stock, valued at approximately $1,375,000.

Several other hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC increased its holdings in shares of Brunswick by 72.3% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after buying an additional 159 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Brunswick during the 4th quarter worth $30,000. Quarry LP lifted its holdings in shares of Brunswick by 38.4% during the 4th quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after acquiring an additional 122 shares during the last quarter. First Horizon Corp grew its position in Brunswick by 31.7% in the fourth quarter. First Horizon Corp now owns 548 shares of the company’s stock worth $41,000 after acquiring an additional 132 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in Brunswick by 705.4% in the third quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock worth $38,000 after acquiring an additional 522 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BC shares. Texas Capital upgraded Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. upped their price objective on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. Finally, Morgan Stanley upped their target price on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $87.00.

Insiders Place Their Bets

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 stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the transaction, the chief executive officer directly owned 267,528 shares in the company, valued at $22,236,927.36. This trade represents a 8.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.99% of the stock is owned by corporate insiders.

Brunswick Stock Performance

Brunswick stock opened at $79.17 on Friday. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $5.14 billion, a PE ratio of -37.70 and a beta of 1.33. The firm has a fifty day simple moving average of $81.17 and a two-hundred day simple moving average of $80.04. Brunswick Corporation has a twelve month low of $55.60 and a twelve month high of $90.25.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $1.32 billion. During the same period in the prior year, the business posted $0.56 earnings per share. The company’s 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. Research analysts expect that Brunswick Corporation will post 4.28 EPS for the current year.

Brunswick Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, May 18th were issued a dividend of $0.44 per share. The ex-dividend date was Monday, May 18th. This represents a $1.76 annualized dividend and a yield of 2.2%. Brunswick’s dividend payout ratio is currently -83.81%.

About Brunswick

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.