Brunswick Corporation (NYSE:BC) Given Consensus Rating of “Hold” by Brokerages

Brunswick Corporation (NYSE:BC) has received an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $87.0714.

A number of research firms have weighed in on BC. Morgan Stanley raised their price target on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. DA Davidson reaffirmed a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a research report on Monday, May 18th. JPMorgan Chase & Co. increased their price objective on Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. Finally, Truist Financial boosted their target price on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday, July 6th.

Brunswick Trading Down 1.9%

Shares of NYSE:BC opened at $80.40 on Friday. Brunswick has a 52 week low of $55.60 and a 52 week high of $90.25. The company’s 50 day moving average is $80.80 and its two-hundred day moving average is $80.23. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13. The company has a market cap of $5.22 billion, a PE ratio of -38.28 and a beta of 1.33.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The business 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 last year, the business earned $0.56 EPS. 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 predict that Brunswick will post 4.31 earnings per share for the current fiscal year.

Brunswick Announces Dividend

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

Insider Buying and Selling at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of the business’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 transaction of $2,148,901.36. Following the completion of the sale, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Brunswick

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA boosted its position in shares of Brunswick by 2.2% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock valued at $265,252,000 after purchasing an additional 78,228 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Brunswick by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,931,104 shares of the company’s stock worth $213,253,000 after acquiring an additional 82,689 shares during the last quarter. Marshall Wace LLP grew its position in shares of Brunswick by 30.6% during the fourth quarter. Marshall Wace LLP now owns 1,921,479 shares of the company’s stock worth $142,651,000 after acquiring an additional 449,943 shares during the last quarter. Deprince Race & Zollo Inc. increased its holdings in shares of Brunswick by 0.8% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,866,872 shares of the company’s stock valued at $138,597,000 after acquiring an additional 14,822 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in shares of Brunswick by 23.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock valued at $78,492,000 after acquiring an additional 267,479 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

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.