Shares of Brunswick Corporation (NYSE:BC – Get Free Report) have been given a consensus recommendation of “Hold” by the fifteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $87.0714.
Several research firms recently issued reports on BC. Truist Financial boosted their price objective on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. Morgan Stanley raised their target price on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. DA Davidson reiterated a “neutral” rating and set a $76.00 price target on shares of Brunswick in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. increased their price target on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th.
View Our Latest Analysis on Brunswick
Brunswick Stock Down 1.9%
Brunswick (NYSE:BC – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the firm earned $0.56 earnings per share. The firm’s revenue was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Research analysts expect that Brunswick will post 4.31 earnings per share for the current year.
Brunswick Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, May 18th were issued a dividend of $0.44 per share. The ex-dividend date was Monday, May 18th. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. Brunswick’s dividend payout ratio is -83.81%.
Insider Buying and Selling
In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the firm’s 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 completion of the transaction, the chief executive officer owned 267,528 shares of the company’s stock, valued at $22,236,927.36. This trade represents a 8.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.99% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new stake in Brunswick during the 1st quarter worth about $27,000. Farther Finance Advisors LLC boosted its stake in shares of Brunswick by 72.3% in the 4th 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 period. Millstone Evans Group LLC acquired a new position in shares of Brunswick during the first quarter worth about $29,000. V Square Quantitative Management LLC acquired a new position in shares of Brunswick during the fourth quarter worth about $30,000. Finally, Quarry LP increased its stake in shares of Brunswick by 38.4% during the fourth quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after buying an additional 122 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.
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.
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