Brunswick Corporation $BC Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its position in shares of Brunswick Corporation (NYSE:BC) by 10.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 147,634 shares of the company’s stock after selling 17,147 shares during the quarter. Royal Bank of Canada’s holdings in Brunswick were worth $10,742,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Summit Securities Group LLC bought a new position in Brunswick in the 1st quarter worth approximately $27,000. Farther Finance Advisors LLC raised its stake in Brunswick by 72.3% during the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after acquiring an additional 159 shares in the last quarter. Millstone Evans Group LLC bought a new stake in Brunswick during the 1st quarter valued at $29,000. V Square Quantitative Management LLC acquired a new position in Brunswick during the 4th quarter worth $30,000. Finally, Quarry LP boosted its position in Brunswick by 38.4% during the 4th quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after acquiring an additional 122 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Price Performance

Shares of Brunswick stock opened at $81.51 on Friday. Brunswick Corporation has a 52 week low of $55.84 and a 52 week high of $90.25. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08. The stock has a market cap of $5.30 billion, a PE ratio of -62.22 and a beta of 1.33. The company’s 50-day moving average price is $81.13 and its two-hundred day moving average price is $80.09.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.37. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 EPS. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. As a group, sell-side analysts anticipate that Brunswick Corporation will post 4.54 EPS for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, August 20th. Brunswick’s dividend payout ratio (DPR) is presently -134.35%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BC. Truist Financial raised their price target on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. DA Davidson reiterated a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research report on Monday, May 18th. JPMorgan Chase & Co. raised their target price on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Finally, Morgan Stanley boosted their price target on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $87.57.

Insider Transactions at Brunswick

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total value of $2,148,901.36. Following the transaction, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.99% 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.