Jefferies Financial Group Inc. Acquires New Position in Brunswick Corporation $BC

Jefferies Financial Group Inc. bought a new position in Brunswick Corporation (NYSE:BC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 11,452 shares of the company’s stock, valued at approximately $850,000.

Several other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in Brunswick by 72.3% during 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. V Square Quantitative Management LLC purchased a new position in shares of Brunswick in the fourth quarter valued at about $30,000. Jones Financial Companies Lllp boosted its holdings in shares of Brunswick by 50.6% during the third quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock worth $31,000 after purchasing an additional 166 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Brunswick during the third quarter worth about $37,000. Finally, Larson Financial Group LLC grew its stake in shares of Brunswick by 705.4% in the third quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock worth $38,000 after purchasing an additional 522 shares during the last quarter. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Price Performance

Shares of BC stock opened at $83.96 on Friday. The firm has a market cap of $5.45 billion, a P/E ratio of -39.98 and a beta of 1.33. Brunswick Corporation has a fifty-two week low of $48.83 and a fifty-two week high of $90.25. The business’s 50 day moving average price is $77.65 and its 200-day moving average price is $77.32. 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) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.24. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The firm’s revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. On average, equities research analysts anticipate that Brunswick Corporation will post 4.29 earnings per share for the current year.

Brunswick Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, May 18th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.76 annualized dividend and a yield of 2.1%. Brunswick’s dividend payout ratio (DPR) is currently -83.81%.

Analyst Upgrades and Downgrades

BC has been the topic of a number of research analyst reports. Griffin Securities set a $76.00 price target on Brunswick in a report on Monday, February 2nd. Citigroup lifted their price objective on Brunswick from $100.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Truist Financial lifted their price objective on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. B. Riley Financial reiterated a “neutral” rating and issued a $80.00 price objective (up from $70.00) on shares of Brunswick in a research report on Friday, January 30th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Brunswick presently has an average rating of “Hold” and a consensus price target of $87.00.

Insider Buying and Selling

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction 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 approximately $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.99% of the company’s stock.

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.