Brokerages Set Brunswick Corporation (NYSE:BC) Price Target at $87.00

Shares of Brunswick Corporation (NYSE:BC) have been assigned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $87.00.

A number of brokerages have commented on BC. Texas Capital upgraded shares of Brunswick from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. DA Davidson restated a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research note on Monday, May 18th. Truist Financial increased their price objective on shares of Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday.

Insider Activity

In related news, CEO David M. Foulkes sold 25,853 shares of the 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 of the company’s stock, valued at $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.99% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BC. Perbak Capital Partners LLP bought a new stake in shares of Brunswick during the 3rd quarter worth approximately $1,339,000. Interval Partners LP raised its stake in shares of Brunswick by 268.6% during the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock worth $32,973,000 after purchasing an additional 379,937 shares in the last quarter. Swedbank AB bought a new stake in shares of Brunswick during the 4th quarter worth approximately $10,394,000. Dimensional Fund Advisors LP raised its stake in shares of Brunswick by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,749,443 shares of the company’s stock worth $173,879,000 after purchasing an additional 54,838 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Brunswick by 2.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock worth $265,252,000 after purchasing an additional 78,228 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick Stock Down 1.2%

Shares of NYSE BC opened at $86.93 on Wednesday. The firm’s 50-day moving average price is $81.06 and its 200-day moving average price is $79.73. 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 stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of -41.40 and a beta of 1.33. Brunswick has a 12-month low of $54.72 and a 12-month high of $90.25.

Brunswick (NYSE:BC) last posted its quarterly earnings data 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. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company 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 company posted $0.56 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. 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, equities research analysts anticipate that Brunswick will post 4.29 EPS for the current fiscal year.

Brunswick Announces Dividend

The firm also recently disclosed 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 was Monday, May 18th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.0%. Brunswick’s dividend payout ratio (DPR) is currently -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.