Brunswick Corporation (NYSE:BC) Receives $87.57 Average PT from Analysts

Shares of Brunswick Corporation (NYSE:BC) have been given an average recommendation of “Hold” by the fifteen analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $88.00.

A number of analysts have issued reports on the stock. DA Davidson reiterated a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research note on Monday. Robert W. Baird set a $92.00 price target on shares of Brunswick in a report on Friday, July 31st. Morgan Stanley lifted their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. upped their price objective on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th.

Brunswick Stock Down 0.4%

BC opened at $82.33 on Thursday. The company has a market capitalization of $5.33 billion, a PE ratio of -62.85 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. Brunswick has a fifty-two week low of $58.56 and a fifty-two week high of $90.25. The business has a 50-day moving average of $81.08 and a 200-day moving average of $79.81.

Brunswick (NYSE:BC) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.19 by $0.37. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the business posted $0.90 EPS. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Equities research analysts forecast that Brunswick will post 4.54 EPS for the current fiscal year.

Brunswick Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.1%. Brunswick’s payout ratio is currently -134.35%.

Insider Activity

In other news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the transaction, the chief executive officer owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Brunswick

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP boosted its position in Brunswick by 38.4% during the fourth quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 122 shares during the period. First Horizon Corp raised its position in shares of Brunswick by 31.7% in the fourth quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after purchasing an additional 132 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of Brunswick by 2.4% in the fourth quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock worth $504,000 after buying an additional 156 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Brunswick by 72.3% in the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after buying an additional 159 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Brunswick by 15.2% in the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock valued at $84,000 after buying an additional 176 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

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.