Gamco Investors INC. ET AL Sells 10,151 Shares of Brunswick Corporation $BC

Gamco Investors INC. ET AL decreased its position in Brunswick Corporation (NYSE:BC) by 6.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,262 shares of the company’s stock after selling 10,151 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Brunswick were worth $10,190,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA grew its position in shares of Brunswick by 2.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock valued at $265,252,000 after purchasing an additional 78,228 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Brunswick by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 2,749,443 shares of the company’s stock valued at $173,879,000 after purchasing an additional 54,838 shares during the last quarter. American Century Companies Inc. grew its position in shares of Brunswick by 56.4% in the third quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock valued at $145,637,000 after purchasing an additional 830,451 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in shares of Brunswick by 0.8% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,866,872 shares of the company’s stock valued at $138,597,000 after purchasing an additional 14,822 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Brunswick by 70.1% in the third quarter. Bank of New York Mellon Corp now owns 1,700,164 shares of the company’s stock valued at $107,518,000 after purchasing an additional 700,447 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Trading Down 1.4%

Shares of BC stock opened at $76.50 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13. The stock has a market cap of $4.97 billion, a P/E ratio of -36.43 and a beta of 1.33. The stock has a 50 day simple moving average of $75.86 and a 200 day simple moving average of $76.47. Brunswick Corporation has a 1 year low of $48.83 and a 1 year high of $90.25.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the business posted $0.56 earnings per share. Brunswick’s revenue was up 12.8% compared to the same quarter last year. 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, research analysts predict that Brunswick Corporation will post 4.25 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders 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 annualized dividend and a yield of 2.3%. Brunswick’s dividend payout ratio is presently -83.81%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BC. Truist Financial boosted their target price on shares of Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Citigroup boosted their target price on shares of Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Texas Capital raised shares of Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Morgan Stanley set a $82.00 target price on shares of Brunswick in a research report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Brunswick from $78.00 to $83.00 and gave the company 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 given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $86.71.

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.