25,623 Shares in Brunswick Corporation $BC Bought by Freestone Grove Partners LP

Freestone Grove Partners LP acquired a new position in Brunswick Corporation (NYSE:BC) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 25,623 shares of the company’s stock, valued at approximately $2,158,000.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Brunswick in the 2nd quarter worth about $568,461,000. Dimensional Fund Advisors LP lifted its position in Brunswick by 2.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,931,104 shares of the company’s stock valued at $213,253,000 after acquiring an additional 82,689 shares during the period. Marshall Wace LLP boosted its stake in Brunswick by 30.6% during the fourth quarter. Marshall Wace LLP now owns 1,921,479 shares of the company’s stock worth $142,651,000 after acquiring an additional 449,943 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Brunswick by 23.2% during the second quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock worth $78,492,000 after acquiring an additional 267,479 shares in the last quarter. Finally, Channing Capital Management LLC grew its holdings in Brunswick by 5.3% in the fourth quarter. Channing Capital Management LLC now owns 1,244,528 shares of the company’s stock worth $92,394,000 after purchasing an additional 62,202 shares during the period. Institutional investors own 99.34% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on BC. Robert W. Baird set a $92.00 target price on shares of Brunswick in a research note on Friday, July 31st. DA Davidson restated a “neutral” rating and issued a $76.00 price target on shares of Brunswick in a research note on Monday, August 17th. Morgan Stanley raised 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. William Blair set a $94.00 price objective on Brunswick in a research note on Thursday, August 13th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, Brunswick has a consensus rating of “Moderate Buy” and an average price target of $88.00.

Brunswick Trading Down 1.3%

NYSE:BC opened at $76.60 on Friday. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of -58.47 and a beta of 1.33. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08. The company’s 50 day moving average price is $80.72 and its 200-day moving average price is $79.57. Brunswick Corporation has a 52 week low of $58.56 and a 52 week high of $90.25.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the business 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 research analysts forecast that Brunswick Corporation will post 4.55 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th will be paid a $0.44 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.76 annualized dividend and a dividend yield of 2.3%. Brunswick’s payout ratio is currently -134.35%.

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.