Brunswick’s (BC) “Neutral” Rating Reiterated at DA Davidson

DA Davidson restated their neutral rating on shares of Brunswick (NYSE:BC) in a report published on Monday,Benzinga reports. They currently have a $43.00 target price on the stock, down from their previous target price of $64.00. DA Davidson also issued estimates for Brunswick’s Q2 2025 earnings at $0.95 EPS.

Several other equities research analysts also recently weighed in on the stock. Benchmark initiated coverage on shares of Brunswick in a research report on Monday. They issued a “buy” rating and a $70.00 target price for the company. B. Riley raised shares of Brunswick to a “hold” rating in a research report on Wednesday, February 12th. Jefferies Financial Group dropped their target price on shares of Brunswick from $64.00 to $45.00 and set a “hold” rating for the company in a research report on Thursday, April 24th. Baird R W downgraded shares of Brunswick from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Finally, Truist Financial decreased their target price on Brunswick from $85.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Brunswick currently has an average rating of “Moderate Buy” and a consensus target price of $71.00.

Brunswick Stock Performance

Brunswick stock opened at $46.10 on Monday. Brunswick has a 12-month low of $41.00 and a 12-month high of $87.65. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 24.26 and a beta of 1.42. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.65 and a quick ratio of 0.63. The firm’s fifty day moving average price is $52.21 and its 200 day moving average price is $65.90.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.31. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.14 billion. Brunswick had a net margin of 2.48% and a return on equity of 15.41%. The firm’s quarterly revenue was down 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.35 EPS. On average, research analysts forecast that Brunswick will post 4.19 EPS for the current fiscal year.

Brunswick Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date was Monday, February 24th. This is an increase from Brunswick’s previous quarterly dividend of $0.42. Brunswick’s payout ratio is currently 142.15%.

Insider Transactions at Brunswick

In other news, Director Nancy E. Cooper sold 433 shares of Brunswick stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $65.65, for a total transaction of $28,426.45. Following the transaction, the director now owns 25,361 shares in the company, valued at approximately $1,664,949.65. The trade was a 1.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Randall S. Altman sold 3,417 shares of Brunswick stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $63.21, for a total value of $215,988.57. Following the transaction, the senior vice president now owns 26,683 shares in the company, valued at $1,686,632.43. This represents a 11.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Allworth Financial LP grew its holdings in shares of Brunswick by 4,972.7% during the first quarter. Allworth Financial LP now owns 558 shares of the company’s stock valued at $30,000 after buying an additional 547 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Brunswick by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 207,988 shares of the company’s stock valued at $11,200,000 after purchasing an additional 10,173 shares in the last quarter. Penserra Capital Management LLC purchased a new position in Brunswick in the first quarter valued at about $715,000. Bank of New York Mellon Corp grew its stake in Brunswick by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 770,820 shares of the company’s stock valued at $41,509,000 after purchasing an additional 4,311 shares in the last quarter. Finally, Lightrock Netherlands B.V. grew its stake in Brunswick by 62.1% in the first quarter. Lightrock Netherlands B.V. now owns 409,015 shares of the company’s stock valued at $22,062,000 after purchasing an additional 156,710 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

About Brunswick

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.