Dynamic Technology Lab Private Ltd Has $3.55 Million Stock Holdings in Brunswick Corporation $BC

Dynamic Technology Lab Private Ltd lifted its stake in Brunswick Corporation (NYSE:BC) by 478.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,926 shares of the company’s stock after acquiring an additional 54,536 shares during the period. Brunswick makes up about 0.5% of Dynamic Technology Lab Private Ltd’s holdings, making the stock its 8th largest holding. Dynamic Technology Lab Private Ltd’s holdings in Brunswick were worth $3,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA boosted its stake in Brunswick by 17.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 3,439,526 shares of the company’s stock valued at $185,218,000 after buying an additional 516,970 shares during the period. Turtle Creek Asset Management Inc. boosted its stake in Brunswick by 19.7% during the fourth quarter. Turtle Creek Asset Management Inc. now owns 2,965,460 shares of the company’s stock valued at $191,806,000 after buying an additional 488,412 shares during the period. Dimensional Fund Advisors LP boosted its stake in Brunswick by 20.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,504,407 shares of the company’s stock valued at $134,857,000 after buying an additional 420,369 shares during the period. Channing Capital Management LLC boosted its stake in Brunswick by 11.1% during the first quarter. Channing Capital Management LLC now owns 1,138,737 shares of the company’s stock valued at $61,321,000 after buying an additional 113,614 shares during the period. Finally, Van Berkom & Associates Inc. boosted its stake in Brunswick by 19.2% during the first quarter. Van Berkom & Associates Inc. now owns 971,648 shares of the company’s stock valued at $52,323,000 after buying an additional 156,816 shares during the period. 99.34% of the stock is owned by institutional investors.

Insider Activity at Brunswick

In other news, VP Christopher F. Dekker sold 2,092 shares of Brunswick stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $58.47, for a total value of $122,319.24. Following the transaction, the vice president owned 44,466 shares in the company, valued at approximately $2,599,927.02. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BC. Citigroup reissued a “buy” rating on shares of Brunswick in a research note on Wednesday, August 27th. Roth Capital lifted their price objective on Brunswick from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Robert W. Baird lifted their price objective on Brunswick from $56.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday, May 16th. Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, DA Davidson lifted their price target on Brunswick from $43.00 to $59.00 and gave the stock a “neutral” rating in a research note on Monday, July 28th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $68.25.

Brunswick Trading Up 1.6%

Shares of BC stock opened at $66.51 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.68 and a debt-to-equity ratio of 1.10. The business has a 50-day moving average price of $61.06 and a two-hundred day moving average price of $55.58. Brunswick Corporation has a 12-month low of $41.00 and a 12-month high of $87.65. The firm has a market cap of $4.35 billion, a P/E ratio of 107.27 and a beta of 1.36.

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

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Wednesday, August 20th will be issued a $0.43 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $1.72 annualized dividend and a dividend yield of 2.6%. Brunswick’s payout ratio is currently 277.42%.

About Brunswick

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.