Brunswick Corporation (NYSE:BC) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Brunswick Corporation (NYSE:BC) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are currently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $66.75.

Several research firms recently commented on BC. Wall Street Zen raised shares of Brunswick from a “hold” rating to a “buy” rating in a report on Monday, September 15th. DA Davidson raised their price target on Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a report on Monday, July 28th. B. Riley boosted 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. Roth Capital raised their target price on Brunswick from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, Zacks Research lowered Brunswick from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st.

Brunswick Price Performance

BC opened at $63.30 on Monday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.68 and a quick ratio of 0.70. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 102.09 and a beta of 1.36. The firm’s fifty day moving average price is $62.30 and its two-hundred day moving average price is $55.87. Brunswick has a 1 year low of $41.00 and a 1 year high of $87.65.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, July 24th. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.27. The company 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%.Brunswick’s revenue was up .2% on a year-over-year basis. During the same period last year, the business posted $1.80 earnings per share. 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, analysts anticipate that Brunswick 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%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BC. State of Wyoming grew its position in Brunswick by 250.9% during the second quarter. State of Wyoming now owns 8,026 shares of the company’s stock valued at $443,000 after acquiring an additional 5,739 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Brunswick by 31.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 959 shares of the company’s stock valued at $53,000 after purchasing an additional 232 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Brunswick by 20.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,837 shares of the company’s stock worth $157,000 after purchasing an additional 484 shares during the period. Corient Private Wealth LLC bought a new stake in Brunswick in the second quarter worth $449,000. Finally, Captrust Financial Advisors boosted its position in Brunswick by 127.6% during the second quarter. Captrust Financial Advisors now owns 16,000 shares of the company’s stock valued at $884,000 after buying an additional 8,971 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

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.