Brunswick Corporation $BC Shares Acquired by Bayforest Capital Ltd

Bayforest Capital Ltd grew its stake in Brunswick Corporation (NYSE:BC) by 74.2% during the second quarter, HoldingsChannel.com reports. The firm owned 16,051 shares of the company’s stock after purchasing an additional 6,836 shares during the period. Bayforest Capital Ltd’s holdings in Brunswick were worth $887,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Verdence Capital Advisors LLC raised its stake in Brunswick by 3.1% during the second quarter. Verdence Capital Advisors LLC now owns 6,524 shares of the company’s stock worth $360,000 after acquiring an additional 195 shares during the period. Blue Trust Inc. raised its stake in Brunswick by 24.7% during the second quarter. Blue Trust Inc. now owns 1,041 shares of the company’s stock worth $58,000 after acquiring an additional 206 shares during the period. Voya Investment Management LLC raised its stake in Brunswick by 2.8% during the first quarter. Voya Investment Management LLC now owns 8,196 shares of the company’s stock worth $441,000 after acquiring an additional 221 shares during the period. Fifth Third Bancorp raised its stake in Brunswick by 33.3% during the first quarter. Fifth Third Bancorp now owns 1,078 shares of the company’s stock worth $58,000 after acquiring an additional 269 shares during the period. Finally, Belpointe Asset Management LLC raised its stake in Brunswick by 7.5% during the second quarter. Belpointe Asset Management LLC now owns 4,695 shares of the company’s stock worth $259,000 after acquiring an additional 329 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Price Performance

Shares of NYSE:BC opened at $60.30 on Tuesday. The firm’s 50 day moving average is $63.33 and its two-hundred day moving average is $56.55. Brunswick Corporation has a 52 week low of $41.00 and a 52 week high of $87.65. The firm has a market capitalization of $3.94 billion, a P/E ratio of 97.26 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.

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

Analysts Set New Price Targets

Several research firms recently weighed in on BC. Zacks Research lowered shares of Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Roth Capital increased their price objective 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. DA Davidson upped their target price on shares of Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. raised their price target on shares of Brunswick from $63.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Brunswick in a research note on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Brunswick has an average rating of “Hold” and a consensus price target 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.