Brunswick Corporation (NYSE:BC – Get Free Report) has been given an average rating of “Hold” by the fifteen ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $86.7143.
BC has been the subject of a number of recent research reports. Citigroup increased their price objective on shares of Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Robert W. Baird set a $85.00 price objective on shares of Brunswick in a report on Friday, January 30th. Wolfe Research set a $90.00 price objective on shares of Brunswick in a report on Monday, January 12th. Roth Mkm reiterated a “buy” rating and issued a $94.00 price objective (up from $79.00) on shares of Brunswick in a report on Friday, January 30th. Finally, Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th.
Read Our Latest Stock Analysis on Brunswick
Brunswick Trading Down 2.8%
Brunswick (NYSE:BC – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. Brunswick’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period last 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. On average, sell-side analysts predict that Brunswick will post 4.24 EPS for the current fiscal year.
Brunswick Dividend Announcement
The firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.2%. Brunswick’s dividend payout ratio is presently -83.81%.
Institutional Trading of Brunswick
A number of hedge funds have recently bought and sold shares of BC. Royal Bank of Canada raised its holdings in Brunswick by 10.7% in the 1st quarter. Royal Bank of Canada now owns 149,000 shares of the company’s stock valued at $8,024,000 after acquiring an additional 14,395 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Brunswick by 133.6% during the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company’s stock worth $4,076,000 after buying an additional 44,228 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Brunswick by 142.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company’s stock worth $18,659,000 after buying an additional 203,838 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Brunswick during the 1st quarter worth approximately $214,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Brunswick by 477.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after buying an additional 601 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.
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.
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