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

Shares of Brunswick Corporation (NYSE:BC) have been given an average rating of “Hold” by the fifteen brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $87.00.

Several equities research analysts have weighed in on BC shares. Texas Capital upgraded shares of Brunswick from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Morgan Stanley increased 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. Truist Financial increased their target price on shares of Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a report on Friday, March 27th. Finally, JPMorgan Chase & Co. increased their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th.

Insiders Place Their Bets

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction on 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 sale, the chief executive officer directly owned 267,528 shares in the company, valued at approximately $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Brunswick

Several hedge funds have recently bought and sold shares of the company. Summit Securities Group LLC bought a new stake in shares of Brunswick during the first quarter worth $27,000. Farther Finance Advisors LLC increased its position in shares of Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after acquiring an additional 159 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of Brunswick during the first quarter worth $29,000. V Square Quantitative Management LLC bought a new stake in shares of Brunswick during the fourth quarter worth $30,000. Finally, Jones Financial Companies Lllp increased its position in shares of Brunswick by 50.6% during the third quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock worth $31,000 after acquiring an additional 166 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Brunswick Trading Up 0.7%

Shares of NYSE BC opened at $82.31 on Friday. The company’s 50 day simple moving average is $78.28 and its 200 day simple moving average is $77.79. Brunswick has a fifty-two week low of $53.17 and a fifty-two week high of $90.25. The firm has a market capitalization of $5.35 billion, a P/E ratio of -39.20 and a beta of 1.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

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 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 for 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. Brunswick’s 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. On average, analysts predict that Brunswick will post 4.29 EPS for the current year.

Brunswick Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, May 18th will be issued a $0.44 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.76 annualized dividend and a yield of 2.1%. Brunswick’s dividend payout ratio (DPR) is -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.