7,965 Shares in Brunswick Corporation $BC Purchased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC acquired a new stake in Brunswick Corporation (NYSE:BC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,965 shares of the company’s stock, valued at approximately $591,000.

Several other hedge funds have also recently added to or reduced their stakes in BC. First Horizon Corp lifted its holdings in shares of Brunswick by 31.7% in the fourth quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after purchasing an additional 132 shares in the last quarter. Verdence Capital Advisors LLC grew its position in shares of Brunswick by 2.4% in 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 increased its stake in shares of Brunswick by 72.3% during the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after purchasing an additional 159 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Brunswick by 50.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock worth $31,000 after purchasing an additional 166 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Brunswick by 15.2% during the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock worth $84,000 after purchasing an additional 176 shares during the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Brunswick Stock Up 1.0%

BC stock opened at $81.62 on Friday. The company has a 50 day moving average price of $75.92 and a two-hundred day moving average price of $75.96. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. The stock has a market capitalization of $5.31 billion, a P/E ratio of -38.87 and a beta of 1.33. Brunswick Corporation has a one year low of $47.82 and a one year high of $90.25.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates 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 positive return on equity of 13.30% and a negative net margin of 2.47%.The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. As a group, sell-side analysts expect that Brunswick Corporation will post 4.24 EPS for the current year.

Brunswick Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have commented on BC shares. Wolfe Research set a $90.00 target price on Brunswick in a report on Monday, January 12th. Roth Mkm reissued a “buy” rating and issued a $94.00 price target (up from $79.00) on shares of Brunswick in a report on Friday, January 30th. B. Riley Financial restated a “neutral” rating and issued a $80.00 price objective (up from $70.00) on shares of Brunswick in a research report on Friday, January 30th. Citigroup increased their price objective on Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Texas Capital upgraded Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $86.71.

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.