Brunswick Corporation $BC Shares Acquired by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. lifted its stake in shares of Brunswick Corporation (NYSE:BC) by 24.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 355,292 shares of the company’s stock after acquiring an additional 70,817 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. owned 0.54% of Brunswick worth $19,626,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Verdence Capital Advisors LLC boosted its stake in shares of Brunswick by 3.1% during the second quarter. Verdence Capital Advisors LLC now owns 6,524 shares of the company’s stock valued at $360,000 after acquiring an additional 195 shares during the last quarter. Blue Trust Inc. lifted its position 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 buying an additional 206 shares during the period. Voya Investment Management LLC lifted its position 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 buying an additional 221 shares during the period. Fifth Third Bancorp lifted its position 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 buying an additional 269 shares during the period. Finally, Belpointe Asset Management LLC lifted its position 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 buying an additional 329 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on BC. B. Riley increased their target price on Brunswick from $60.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. JPMorgan Chase & Co. increased their target price on Brunswick from $63.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 23rd. DA Davidson increased their target price on Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Brunswick in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Brunswick from a “hold” rating to a “buy” rating in a research report on Monday, September 15th. Seven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $67.00.

Brunswick Stock Performance

NYSE BC opened at $62.75 on Wednesday. The firm has a market capitalization of $4.10 billion, a P/E ratio of 101.20 and a beta of 1.36. Brunswick Corporation has a 1-year low of $41.00 and a 1-year high of $87.65. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.68 and a quick ratio of 0.70. The business’s 50-day simple moving average is $63.40 and its 200-day simple moving average is $56.60.

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

Brunswick 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.