Northwestern Mutual Wealth Management Co. Boosts Holdings in Brunswick Corporation $BC

Northwestern Mutual Wealth Management Co. lifted its stake in Brunswick Corporation (NYSE:BC) by 6,786.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 36,845 shares of the company’s stock after buying an additional 36,310 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Brunswick were worth $2,570,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BC. American Century Companies Inc. raised its position in shares of Brunswick by 56.4% in the 3rd quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock worth $145,637,000 after purchasing an additional 830,451 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Brunswick by 70.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,700,164 shares of the company’s stock worth $107,518,000 after purchasing an additional 700,447 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Brunswick by 812.7% in the 2nd quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock worth $38,934,000 after purchasing an additional 628,393 shares during the last quarter. Marshall Wace LLP raised its position in shares of Brunswick by 62.4% in the 3rd quarter. Marshall Wace LLP now owns 1,471,536 shares of the company’s stock worth $93,060,000 after purchasing an additional 565,459 shares during the last quarter. Finally, Interval Partners LP raised its position in Brunswick by 268.6% in the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock worth $32,973,000 after buying an additional 379,937 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on BC shares. Morgan Stanley boosted their target price on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. B. Riley Financial reissued a “neutral” rating and issued a $80.00 target price (up from $70.00) on shares of Brunswick in a research report on Friday, January 30th. Robert W. Baird set a $85.00 target price on Brunswick in a research report on Friday, January 30th. Finally, JPMorgan Chase & Co. boosted their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $87.00.

Brunswick Trading Down 0.0%

Shares of NYSE:BC opened at $80.95 on Tuesday. The stock has a 50 day moving average of $76.61 and a 200 day moving average of $76.90. The company has a market cap of $5.26 billion, a PE ratio of -38.55 and a beta of 1.33. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13. Brunswick Corporation has a 12-month low of $48.83 and a 12-month high of $90.25.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The firm’s revenue was up 12.8% on a year-over-year basis. During the same period in the previous 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. As a group, equities research analysts expect that Brunswick Corporation will post 4.29 EPS for the current year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be paid a dividend of $0.44 per share. The ex-dividend date is Monday, May 18th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.2%. Brunswick’s payout ratio is -83.81%.

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.