Brunswick Corporation (NYSE:BC) Given Average Rating of “Moderate Buy” by Analysts

Brunswick Corporation (NYSE:BC) has been assigned a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $88.00.

A number of research analysts have recently issued reports on the stock. William Blair set a $94.00 price target on shares of Brunswick in a research note on Thursday, August 13th. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research report on Friday, July 31st. Morgan Stanley lifted their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Truist Financial boosted their target price on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th.

Brunswick Price Performance

Shares of NYSE:BC opened at $70.68 on Monday. Brunswick has a 12 month low of $58.56 and a 12 month high of $90.25. The firm has a market capitalization of $4.58 billion, a P/E ratio of -53.95 and a beta of 1.34. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The company’s fifty day moving average price is $78.65 and its 200 day moving average price is $78.56.

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

Brunswick Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be issued a $0.44 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.5%. Brunswick’s dividend payout ratio is currently -134.35%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC lifted its stake in shares of Brunswick by 7.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,094 shares of the company’s stock worth $261,000 after purchasing an additional 218 shares during the period. Tidal Investments LLC boosted its stake in Brunswick by 28.2% in the 2nd quarter. Tidal Investments LLC now owns 10,488 shares of the company’s stock worth $884,000 after buying an additional 2,305 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in Brunswick in the 2nd quarter worth about $505,000. Engineers Gate Manager LP grew its holdings in Brunswick by 50.3% in the 2nd quarter. Engineers Gate Manager LP now owns 21,859 shares of the company’s stock valued at $1,841,000 after buying an additional 7,317 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Brunswick by 9.9% in the 2nd quarter. NewEdge Advisors LLC now owns 4,615 shares of the company’s stock valued at $389,000 after buying an additional 416 shares during the period. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Company Profile

Brunswick Corporation (NYSE: BC) is a global marine recreation company that develops, manufactures and distributes products used by boat owners, recreational boaters and marine dealers. Its operations include marine propulsion systems, boats, engine parts and accessories, marine electronics, and related technologies and services.

The company’s portfolio includes Mercury Marine outboard and inboard engines, along with boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Manitou.