Brunswick Corporation $BC Shares Acquired by Signaturefd LLC

Signaturefd LLC grew its stake in Brunswick Corporation (NYSE:BC) by 195.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,397 shares of the company’s stock after purchasing an additional 1,587 shares during the quarter. Signaturefd LLC’s holdings in Brunswick were worth $132,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BC. Allworth Financial LP lifted its stake in shares of Brunswick by 4,972.7% in the first 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. UMB Bank n.a. lifted its stake in shares of Brunswick by 695.7% in the first quarter. UMB Bank n.a. now owns 732 shares of the company’s stock worth $39,000 after buying an additional 640 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Brunswick by 477.0% in the first quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after buying an additional 601 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in shares of Brunswick by 171.6% in the first quarter. First Horizon Advisors Inc. now owns 755 shares of the company’s stock worth $41,000 after buying an additional 477 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Brunswick by 243.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 858 shares of the company’s stock worth $47,000 after buying an additional 608 shares in the last quarter. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Price Performance

Brunswick stock opened at $66.32 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.70 and a current ratio of 1.68. The company has a market capitalization of $4.33 billion, a price-to-earnings ratio of 106.97 and a beta of 1.36. The company’s 50 day simple moving average is $62.97 and its 200-day simple moving average is $56.31. Brunswick Corporation has a 1 year low of $41.00 and a 1 year high of $87.65.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, July 24th. The company reported $1.16 earnings per share 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 analysts’ expectations of $1.25 billion. Brunswick had a net margin of 0.82% and a return on equity of 10.73%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous 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, equities research analysts expect that Brunswick Corporation will post 4.19 earnings per share for the current year.

Brunswick Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Wednesday, August 20th were issued a $0.43 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.6%. Brunswick’s payout ratio is 277.42%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BC. JPMorgan Chase & Co. raised their price target on shares of Brunswick from $63.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Brunswick in a research note on Saturday, September 27th. B. Riley lifted their target price on shares of Brunswick from $60.00 to $70.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Roth Capital lifted their target price on shares of Brunswick from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Finally, DA Davidson lifted their target price on shares of Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a research note on Monday, July 28th. Seven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brunswick currently has a consensus rating of “Hold” and a consensus target price of $67.00.

Brunswick Company Profile

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.