Brunswick Corporation (NYSE:BC) Receives $87.00 Consensus Target Price from Brokerages

Shares of Brunswick Corporation (NYSE:BC) have received an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $87.00.

BC has been the topic of a number of research reports. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. DA Davidson reaffirmed a “neutral” rating and set a $76.00 target price on shares of Brunswick in a research report on Monday, May 18th. Truist Financial boosted their target price on shares of Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Morgan Stanley boosted their target price on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th.

Insider Activity at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the completion of the sale, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.99% of the stock is currently owned by company insiders.

Institutional Trading of Brunswick

Several institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in shares of Brunswick by 12.5% in the first quarter. NewEdge Advisors LLC now owns 4,199 shares of the company’s stock valued at $306,000 after purchasing an additional 467 shares during the last quarter. Bank of America Corp DE boosted its holdings in Brunswick by 296.1% during the first quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock worth $63,474,000 after purchasing an additional 652,136 shares during the last quarter. Bull Harbor Capital LLC bought a new stake in Brunswick in the 1st quarter worth about $223,000. Amundi bought a new stake in Brunswick in the 1st quarter worth about $331,000. Finally, California State Teachers Retirement System grew its position in Brunswick by 28.6% in the 1st quarter. California State Teachers Retirement System now owns 78,652 shares of the company’s stock worth $5,723,000 after purchasing an additional 17,489 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Brunswick Stock Performance

Shares of Brunswick stock opened at $84.28 on Wednesday. Brunswick has a one year low of $55.00 and a one year high of $90.25. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of -40.13 and a beta of 1.33. The business has a 50-day simple moving average of $81.28 and a 200 day simple moving average of $79.96. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, April 30th. The company reported $0.70 EPS for the quarter, beating 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 business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the company posted $0.56 EPS. 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. On average, research analysts anticipate that Brunswick will post 4.28 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, May 18th were paid a $0.44 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.76 annualized dividend and a dividend yield of 2.1%. Brunswick’s dividend payout ratio is -83.81%.

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.