Rep. Jefferson Shreve Sells Off Shares of Brunswick Co. (NYSE:BC)

Posted by Wayne Rhoads on May 12th, 2025

Representative Jefferson Shreve (R-Indiana) recently sold shares of Brunswick Co. (NYSE:BC). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Brunswick stock on April 7th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Brunswick Trading Up 8.1%

BC stock traded up $3.89 during mid-day trading on Monday, reaching $51.87. The company’s stock had a trading volume of 407,884 shares, compared to its average volume of 775,657. Brunswick Co. has a 12 month low of $41.00 and a 12 month high of $87.65. The company has a current ratio of 1.65, a quick ratio of 0.63 and a debt-to-equity ratio of 1.11. The business’s 50 day moving average price is $50.28 and its 200 day moving average price is $63.97. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 27.23 and a beta of 1.28.

Brunswick (NYSE:BC – Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.31. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.14 billion. Brunswick had a net margin of 2.48% and a return on equity of 15.41%. Brunswick’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.35 EPS. On average, equities research analysts predict that Brunswick Co. will post 4.19 EPS for the current year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, May 19th will be paid a dividend of $0.43 per share. The ex-dividend date is Monday, May 19th. This represents a $1.72 annualized dividend and a yield of 3.32%. Brunswick’s dividend payout ratio is currently 142.15%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on BC shares. Baird R W cut shares of Brunswick from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Roth Mkm dropped their price target on Brunswick from $91.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. B. Riley raised Brunswick to a “hold” rating in a research note on Wednesday, February 12th. DA Davidson restated a “neutral” rating and set a $43.00 price objective (down previously from $64.00) on shares of Brunswick in a report on Monday, April 28th. Finally, BMO Capital Markets cut their target price on Brunswick from $75.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, April 25th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $71.00.

Get Our Latest Analysis on BC

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BC. Allworth Financial LP lifted its position in shares of Brunswick by 4,972.7% during the 1st quarter. Allworth Financial LP now owns 558 shares of the company’s stock worth $30,000 after buying an additional 547 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new position in Brunswick in the fourth quarter worth $39,000. Financial Perspectives Inc purchased a new position in Brunswick in the fourth quarter worth $42,000. Quarry LP bought a new position in Brunswick in the 4th quarter valued at $45,000. Finally, UMB Bank n.a. increased its position in shares of Brunswick by 695.7% during the 1st quarter. UMB Bank n.a. now owns 732 shares of the company’s stock valued at $39,000 after purchasing an additional 640 shares during the last quarter. 99.34% of the stock is owned by institutional investors.

Insider Transactions at Brunswick

In other Brunswick news, SVP Randall S. Altman sold 3,417 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.21, for a total value of $215,988.57. Following the sale, the senior vice president now directly owns 26,683 shares in the company, valued at $1,686,632.43. The trade was a 11.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.81% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Brunswick

(Get Free Report)

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.