Ieq Capital LLC Invests $2.64 Million in Brunswick Corporation $BC

Ieq Capital LLC bought a new stake in Brunswick Corporation (NYSE:BC) during the second quarter, HoldingsChannel reports. The institutional investor bought 31,387 shares of the company’s stock, valued at approximately $2,644,000.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP boosted its holdings in Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares during the last quarter. First Horizon Corp grew its position in shares of Brunswick by 27.9% in the 1st quarter. First Horizon Corp now owns 701 shares of the company’s stock worth $51,000 after acquiring an additional 153 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in Brunswick by 2.4% during the fourth quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock worth $504,000 after acquiring an additional 156 shares during the period. Farther Finance Advisors LLC grew 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 during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Brunswick by 15.2% during the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock valued at $84,000 after acquiring an additional 176 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Brunswick Trading Up 0.6%

NYSE:BC opened at $81.31 on Tuesday. The business’s 50-day moving average price is $81.03 and its two-hundred day moving average price is $79.77. Brunswick Corporation has a 1-year low of $58.56 and a 1-year high of $90.25. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of -62.07 and a beta of 1.33. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.37. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.90 EPS. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, equities analysts expect that Brunswick Corporation will post 4.55 earnings per share for the current year.

Brunswick Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, August 20th. Brunswick’s payout ratio is -134.35%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BC shares. JPMorgan Chase & Co. lifted their price objective on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. Robert W. Baird set a $92.00 price target on Brunswick in a research note on Friday, July 31st. William Blair set a $94.00 price objective on Brunswick in a research note on Thursday, August 13th. Finally, 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 report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $88.00.

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.