Brunswick Corporation (NYSE:BC – Get Free Report) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $69.01 and traded as high as $74.63. Brunswick shares last traded at $74.3950, with a volume of 1,729,701 shares.
Brunswick News Summary
Here are the key news stories impacting Brunswick this week:
- Positive Sentiment: Q3 earnings significantly exceeded expectations. Brunswick reported adjusted earnings of $1.58 per share, up from $0.97 a year earlier and above the roughly $1.34–$1.35 analyst consensus. Revenue increased 6.9% year over year to approximately $1.45 billion. Brunswick Corporation Releases 2026 Third Quarter Earnings
- Positive Sentiment: The company swung to a quarterly profit and issued fiscal 2026 guidance, giving investors greater visibility into its expected performance. The earnings improvement and year-over-year sales growth suggest that profitability is benefiting despite challenging conditions in the recreational marine market. Brunswick Swings To Profit In Q3, Announces FY26 Financial Guidance
- Neutral Sentiment: Management’s earnings call and presentation may provide additional detail on demand trends, margins, cost controls and the outlook for Brunswick’s marine, propulsion and engine businesses. Investors will focus on whether the earnings strength can continue into 2027. Brunswick Q3 2026 Earnings Call Transcript
- Negative Sentiment: BNP Paribas Exane lowered its price target from $88 to $79 and maintained a “neutral” rating. The reduced target leaves only modest implied upside from recent trading levels, signaling limited analyst conviction after the recent rally and potentially capping further gains. BNP Paribas Exane Brunswick Rating
Analyst Ratings Changes
Several equities analysts have recently issued reports on BC shares. Robert W. Baird set a $92.00 price target on Brunswick in a research report on Friday, July 31st. Truist Financial decreased their target price on Brunswick from $94.00 to $81.00 and set a “buy” rating for the company in a research note on Friday, October 23rd. Morgan Stanley set a $74.00 target price on Brunswick in a research note on Monday. JPMorgan Chase & Co. lowered their target price on Brunswick from $80.00 to $66.00 and set a “neutral” rating on the stock in a report on Friday, October 23rd. Finally, BNP Paribas Exane began coverage on shares of Brunswick in a research report on Friday. They issued a “hold” rating and a $79.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $84.25.
Check Out Our Latest Research Report on BC
Brunswick Price Performance
The stock has a 50-day moving average of $68.90 and a two-hundred day moving average of $77.45. The company has a current ratio of 1.51, a quick ratio of 0.65 and a debt-to-equity ratio of 1.07. The firm has a market cap of $4.88 billion, a price-to-earnings ratio of 23.32 and a beta of 1.38.
Brunswick (NYSE:BC – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.23. Brunswick had a net margin of 3.69% and a return on equity of 17.51%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same period in the prior year, the firm earned $0.97 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts anticipate that Brunswick Corporation will post 4.65 EPS for the current year.
Brunswick Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, November 24th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, November 24th. Brunswick’s payout ratio is 54.49%.
Institutional Trading of Brunswick
Hedge funds and other institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC raised its stake in shares of Brunswick by 32.2% in the 2nd quarter. Hsbc Holdings PLC now owns 90,649 shares of the company’s stock valued at $7,591,000 after acquiring an additional 22,098 shares in the last quarter. Bank of America Corp DE acquired a new stake in Brunswick in the 2nd quarter worth approximately $27,441,000. BlackRock Inc. bought a new stake in Brunswick during the second quarter worth approximately $568,461,000. Public Employees Retirement System of Ohio bought a new stake in Brunswick during the second quarter worth approximately $1,552,000. Finally, Castleark Management LLC bought a new stake in Brunswick during the second quarter worth approximately $4,778,000. Institutional investors and hedge funds own 99.34% of the company’s stock.
About Brunswick
Brunswick Corporation (NYSE:BC) is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.
The company’s marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.
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