Brunswick Corporation (NYSE:BC) Given Consensus Rating of “Hold” by Brokerages

Brunswick Corporation (NYSE:BC) has been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $87.00.

A number of analysts have recently weighed in on BC shares. DA Davidson reiterated a “neutral” rating and set a $76.00 price target on shares of Brunswick in a research report on Monday, May 18th. Texas Capital upgraded Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. JPMorgan Chase & Co. upped their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research report on Friday, March 27th.

Insider Buying and Selling

In related news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the sale, the chief executive officer directly owned 267,528 shares in the company, valued at $22,236,927.36. This trade represents a 8.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.99% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Brunswick

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

Brunswick Stock Performance

Brunswick stock opened at $80.37 on Friday. Brunswick has a 12-month low of $54.19 and a 12-month high of $90.25. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of -38.27 and a beta of 1.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62. The firm’s fifty day moving average price is $78.59 and its 200 day moving average price is $77.93.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) 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 firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the firm posted $0.56 EPS. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. 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 forecast that Brunswick will post 4.29 EPS for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.2%. The ex-dividend date is Monday, May 18th. Brunswick’s dividend payout ratio (DPR) is currently -83.81%.

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.