Brunswick Corporation (NYSE:BC) Receives Consensus Rating of “Hold” from Brokerages

Shares of Brunswick Corporation (NYSE:BC) have received an average rating of “Hold” from the fifteen research firms that are currently covering the company, MarketBeat 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 12 month target price among brokers that have updated their coverage on the stock in the last year is $87.00.

A number of equities research analysts have issued reports on the company. Morgan Stanley upped their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. upped their price objective on Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Texas Capital upgraded Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Truist Financial upped their target price on Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Monday, April 27th.

Brunswick Trading Down 0.5%

Shares of BC stock opened at $81.15 on Wednesday. Brunswick has a 1 year low of $54.49 and a 1 year high of $90.25. 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 stock’s 50 day simple moving average is $80.54 and its two-hundred day simple moving average is $79.45. The company has a market cap of $5.27 billion, a PE ratio of -38.64 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the business posted $0.56 earnings per share. The company’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. Research analysts predict that Brunswick will post 4.29 earnings per share for the current year.

Brunswick Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, May 18th were paid 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 dividend yield of 2.2%. Brunswick’s dividend payout ratio is currently -83.81%.

Insider Activity at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of the company’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 owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.99% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC grew its stake in shares of Brunswick by 12.5% during the first quarter. NewEdge Advisors LLC now owns 4,199 shares of the company’s stock valued at $306,000 after buying an additional 467 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Brunswick by 296.1% during the first quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock valued at $63,474,000 after buying an additional 652,136 shares during the last quarter. Bull Harbor Capital LLC bought a new position in shares of Brunswick during the first quarter valued at approximately $223,000. Amundi bought a new position in shares of Brunswick during the first quarter valued at approximately $331,000. Finally, California State Teachers Retirement System grew its stake in shares of Brunswick by 28.6% during the first quarter. California State Teachers Retirement System now owns 78,652 shares of the company’s stock valued at $5,723,000 after buying an additional 17,489 shares during the last quarter. Institutional investors own 99.34% of the company’s stock.

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.