Palogic Value Management L.P. Takes $2.05 Million Position in Brunswick Corporation $BC

Palogic Value Management L.P. acquired a new position in Brunswick Corporation (NYSE:BC) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 24,316 shares of the company’s stock, valued at approximately $2,048,000.

A number of other large investors have also recently added to or reduced their stakes in BC. Royal Bank of Canada grew its position in shares of Brunswick by 10.7% in the first quarter. Royal Bank of Canada now owns 149,000 shares of the company’s stock valued at $8,024,000 after purchasing an additional 14,395 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Brunswick by 133.6% during the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company’s stock worth $4,076,000 after purchasing an additional 44,228 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Brunswick by 142.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company’s stock valued at $18,659,000 after buying an additional 203,838 shares in the last quarter. United Services Automobile Association acquired a new stake in Brunswick during the 1st quarter valued at $214,000. Finally, Geneos Wealth Management Inc. grew its holdings in Brunswick by 477.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock valued at $39,000 after buying an additional 601 shares during the last quarter. 99.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BC shares. Morgan Stanley boosted their price target on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Truist Financial lifted their price objective on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Robert W. Baird set a $92.00 target price on shares of Brunswick in a research note on Friday, July 31st. William Blair set a $94.00 target price on shares of Brunswick in a report on Thursday, August 13th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $76.00 price target on shares of Brunswick in a research note on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Brunswick currently has an average rating of “Moderate Buy” and an average price target of $88.00.

Brunswick Stock Performance

Shares of NYSE:BC opened at $79.92 on Thursday. The business’s 50-day simple moving average is $80.97 and its 200 day simple moving average is $79.67. The company has a market cap of $5.18 billion, a P/E ratio of -61.01 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.65 and a current ratio of 1.45. Brunswick Corporation has a one year low of $58.56 and a one year high of $90.25.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.Brunswick’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.90 EPS. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, sell-side analysts forecast that Brunswick Corporation will post 4.55 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.76 annualized dividend and a dividend yield of 2.2%. Brunswick’s dividend payout ratio (DPR) is currently -134.35%.

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.