Palogic Value Management L.P. Purchases New Position in Brunswick Corporation $BC

Palogic Value Management L.P. acquired a new position in shares of Brunswick Corporation (NYSE:BC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,316 shares of the company’s stock, valued at approximately $2,048,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BC. Summit Securities Group LLC purchased a new position in Brunswick during the 1st quarter worth approximately $27,000. Farther Finance Advisors LLC lifted its stake in Brunswick by 72.3% in the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 159 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in Brunswick in the first quarter valued at approximately $29,000. Quarry LP boosted its holdings in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in shares of Brunswick by 705.4% in the third quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock valued at $38,000 after acquiring an additional 522 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Stock Performance

Shares of BC opened at $79.92 on Thursday. The stock has a market capitalization of $5.18 billion, a P/E ratio of -61.01 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.65 and a current ratio of 1.45. Brunswick Corporation has a 1 year low of $58.56 and a 1 year high of $90.25. The company’s fifty day moving average is $80.97 and its two-hundred day moving average is $79.67.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The business had revenue of $1.56 billion for 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 was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, sell-side analysts predict that Brunswick Corporation will post 4.55 earnings per share for the current year.

Brunswick Dividend Announcement

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

Analysts Set New Price Targets

BC has been the subject of several research reports. Robert W. Baird set a $92.00 price target on shares of Brunswick in a research report on Friday, July 31st. William Blair set a $94.00 price objective on shares of Brunswick in a research report on Thursday, August 13th. Morgan Stanley lifted their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Truist Financial upped their target price on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $88.00.

Brunswick 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.