Insider Selling: Brunswick (NYSE:BC) CEO Sells $2,148,901.36 in Stock

Brunswick Corporation (NYSE:BC) CEO David Foulkes sold 25,853 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the completion of the sale, the chief executive officer directly owned 267,528 shares in the company, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Brunswick Stock Up 0.4%

NYSE BC opened at $83.96 on Friday. Brunswick Corporation has a 1-year low of $48.83 and a 1-year high of $90.25. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of -39.98 and a beta of 1.33. The stock’s 50 day moving average is $77.65 and its two-hundred day moving average is $77.32. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.Brunswick’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Equities analysts forecast that Brunswick Corporation will post 4.29 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The business also recently disclosed 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. This represents a $1.76 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, May 18th. Brunswick’s dividend payout ratio is currently -83.81%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BC shares. Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Robert W. Baird set a $85.00 target price on shares of Brunswick in a research report on Friday, January 30th. Citigroup boosted their price target 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 note on Tuesday, March 10th. Finally, Benchmark raised their price objective on shares of Brunswick from $75.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $87.00.

Institutional Trading of Brunswick

Large investors have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in shares of Brunswick by 10.7% in the first quarter. Royal Bank of Canada now owns 149,000 shares of the company’s stock valued at $8,024,000 after buying an additional 14,395 shares in the last quarter. AQR Capital Management LLC lifted its position in Brunswick by 133.6% during the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company’s stock worth $4,076,000 after buying an additional 44,228 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Brunswick by 142.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company’s stock worth $18,659,000 after buying an additional 203,838 shares in the last quarter. United Services Automobile Association bought a new stake in Brunswick during the 1st quarter worth about $214,000. Finally, Geneos Wealth Management Inc. increased its position in Brunswick by 477.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock valued at $39,000 after acquiring an additional 601 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Brunswick Company 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.