Corient Private Wealth LP Invests $1.06 Million in Brunswick Corporation $BC

Corient Private Wealth LP acquired a new position in shares of Brunswick Corporation (NYSE:BC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,615 shares of the company’s stock, valued at approximately $1,063,000.

Several other hedge funds have also bought and sold shares of BC. Summit Securities Group LLC bought a new stake in shares of Brunswick in the 1st quarter worth approximately $27,000. Farther Finance Advisors LLC grew its stake in shares of Brunswick by 72.3% during the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 159 shares during the period. Millstone Evans Group LLC bought a new stake in Brunswick in the first quarter worth $29,000. Quarry LP lifted its holdings in shares of Brunswick by 38.4% in the 4th 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. Finally, Larson Financial Group LLC increased its position in shares of Brunswick by 705.4% during the 3rd quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock valued at $38,000 after purchasing an additional 522 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BC. 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 objective on shares of Brunswick in a research note on Friday, July 31st. DA Davidson reissued a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research report on Monday, August 17th. Morgan Stanley increased their target price on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Finally, Truist Financial increased their target price on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $88.00.

Brunswick Stock Performance

Shares of BC opened at $74.41 on Friday. The stock has a market capitalization of $4.82 billion, a P/E ratio of -56.80 and a beta of 1.34. The firm’s 50 day moving average is $79.69 and its 200-day moving average is $79.13. 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 Corporation has a 12-month low of $58.56 and a 12-month high of $90.25.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the firm earned $0.90 EPS. The business’s revenue was up 7.7% on a year-over-year basis. 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 anticipate that Brunswick Corporation will post 4.55 EPS for the current fiscal year.

Brunswick Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be issued a dividend of $0.44 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.4%. Brunswick’s dividend payout ratio (DPR) is presently -134.35%.

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.