MassMutual Private Wealth & Trust FSB Has $47,000 Holdings in Brunswick Corporation $BC

MassMutual Private Wealth & Trust FSB raised its position in shares of Brunswick Corporation (NYSE:BC) by 243.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 858 shares of the company’s stock after purchasing an additional 608 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Brunswick were worth $47,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BC. Allworth Financial LP boosted its holdings in shares of Brunswick by 4,972.7% during the 1st quarter. Allworth Financial LP now owns 558 shares of the company’s stock worth $30,000 after buying an additional 547 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Brunswick by 477.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after purchasing an additional 601 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Brunswick by 695.7% in the 1st quarter. UMB Bank n.a. now owns 732 shares of the company’s stock worth $39,000 after purchasing an additional 640 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Brunswick by 171.6% in the 1st quarter. First Horizon Advisors Inc. now owns 755 shares of the company’s stock worth $41,000 after purchasing an additional 477 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Brunswick by 451.0% in the 1st quarter. Signaturefd LLC now owns 810 shares of the company’s stock worth $44,000 after purchasing an additional 663 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BC shares. DA Davidson increased their target price on Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a report on Monday, July 28th. Zacks Research cut Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Roth Capital raised their price objective on Brunswick from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Wall Street Zen upgraded Brunswick from a “hold” rating to a “buy” rating in a research note on Monday, September 15th. Finally, B. Riley raised their price objective on Brunswick from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Brunswick presently has a consensus rating of “Moderate Buy” and an average price target of $66.75.

Brunswick Stock Performance

Shares of BC opened at $63.30 on Friday. The company has a market cap of $4.14 billion, a PE ratio of 102.09 and a beta of 1.36. The company has a current ratio of 1.68, a quick ratio of 0.70 and a debt-to-equity ratio of 1.10. The stock has a 50-day moving average price of $62.30 and a 200-day moving average price of $55.89. Brunswick Corporation has a 12-month low of $41.00 and a 12-month high of $87.65.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, July 24th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.27. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.25 billion. Brunswick had a return on equity of 10.73% and a net margin of 0.82%.The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the company posted $1.80 EPS. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. As a group, equities analysts forecast that Brunswick Corporation will post 4.19 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Wednesday, August 20th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, August 20th. Brunswick’s dividend payout ratio (DPR) is 277.42%.

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.