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

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

Several other hedge funds also recently modified their holdings of BC. Quarry LP increased its position in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares during the last quarter. First Horizon Corp raised its holdings in Brunswick by 31.7% during 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. Verdence Capital Advisors LLC boosted its position in Brunswick by 2.4% during the fourth quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock valued at $504,000 after purchasing an additional 156 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 159 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Brunswick by 15.2% in the third quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock valued at $84,000 after purchasing an additional 176 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Insiders Place Their Bets

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at $22,236,927.36. This 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 this hyperlink. 0.99% of the stock is currently owned by corporate insiders.

Brunswick Trading Down 0.0%

BC stock opened at $77.97 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62. The company has a fifty day moving average price of $80.92 and a two-hundred day moving average price of $80.12. Brunswick Corporation has a one year low of $55.60 and a one year high of $90.25. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of -37.13 and a beta of 1.33.

Brunswick (NYSE:BC) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.24. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company’s revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.56 earnings per share. 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 analysts anticipate that Brunswick Corporation will post 4.31 EPS for the current year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, May 18th were paid a $0.44 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.76 dividend on an annualized basis and a yield of 2.3%. Brunswick’s dividend payout ratio is -83.81%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. DA Davidson reiterated a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a research note on Monday, May 18th. JPMorgan Chase & Co. raised their target price on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Morgan Stanley boosted their target price on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. Finally, Truist Financial increased their price target on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, July 6th. One equities research 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $87.07.

Brunswick 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.