Versor Investments LP acquired a new stake in shares of Brunswick Corporation (NYSE:BC – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,852 shares of the company’s stock, valued at approximately $657,000.
Several other large investors have also bought and sold shares of the stock. Swiss Life Asset Management Ltd bought a new position in Brunswick during the 4th quarter valued at $234,000. Crossmark Global Holdings Inc. bought a new stake in shares of Brunswick during the 4th quarter worth $2,757,000. Sequoia Financial Advisors LLC bought a new stake in shares of Brunswick during the 4th quarter worth $311,000. Gateway Investment Advisers LLC bought a new stake in shares of Brunswick during the 4th quarter worth $591,000. Finally, Swedbank AB bought a new stake in shares of Brunswick during the 4th quarter worth $10,394,000. 99.34% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently commented on BC. JPMorgan Chase & Co. lifted their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Truist Financial lifted their target price on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Griffin Securities set a $76.00 target price on Brunswick in a research note on Monday, February 2nd. Benchmark lifted their target price on Brunswick from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Finally, DA Davidson lifted their target price on Brunswick from $68.00 to $76.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Brunswick currently has a consensus rating of “Hold” and a consensus price target of $86.71.
Brunswick Trading Up 0.9%
Shares of BC opened at $78.19 on Thursday. The business has a 50-day moving average of $75.81 and a 200 day moving average of $76.33. Brunswick Corporation has a fifty-two week low of $48.83 and a fifty-two week high of $90.25. The firm has a market cap of $5.08 billion, a P/E ratio of -37.23 and a beta of 1.33. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38.
Brunswick (NYSE:BC – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the firm posted $0.56 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, research analysts forecast that Brunswick Corporation will post 4.25 EPS for the current year.
Brunswick Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.76 annualized dividend and a yield of 2.3%. Brunswick’s dividend payout ratio (DPR) is -83.81%.
Brunswick 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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