Brunswick Corporation (NYSE:BC) Given Consensus Rating of “Hold” by Brokerages

Shares of Brunswick Corporation (NYSE:BCGet Free Report) have received an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $87.00.

BC has been the subject of a number of research reports. Citigroup boosted their price target on shares of Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Morgan Stanley boosted their price target on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Griffin Securities set a $76.00 price target on shares of Brunswick in a research report on Monday, February 2nd. Truist Financial boosted their price target on shares of Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, DA Davidson reissued a “neutral” rating and issued a $76.00 price target on shares of Brunswick in a research report on Monday, May 18th.

View Our Latest Report on Brunswick

Insiders Place Their Bets

In related news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total value of $2,148,901.36. Following the completion of the sale, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Brunswick

Institutional investors and hedge funds have recently made changes to their positions in the business. Allianz Asset Management GmbH increased its stake in shares of Brunswick by 191.0% during the third quarter. Allianz Asset Management GmbH now owns 214,150 shares of the company’s stock worth $13,543,000 after acquiring an additional 140,566 shares during the period. Interval Partners LP increased its stake in shares of Brunswick by 268.6% during the third quarter. Interval Partners LP now owns 521,401 shares of the company’s stock worth $32,973,000 after acquiring an additional 379,937 shares during the period. Perbak Capital Partners LLP acquired a new position in shares of Brunswick during the third quarter worth about $1,339,000. Federated Hermes Inc. increased its stake in shares of Brunswick by 26.0% during the third quarter. Federated Hermes Inc. now owns 824,181 shares of the company’s stock worth $52,121,000 after acquiring an additional 170,030 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Brunswick by 70.1% during the third quarter. Bank of New York Mellon Corp now owns 1,700,164 shares of the company’s stock worth $107,518,000 after acquiring an additional 700,447 shares during the period. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Price Performance

Brunswick stock opened at $83.96 on Friday. The stock has a market cap of $5.45 billion, a P/E ratio of -39.98 and a beta of 1.33. The company has a fifty day simple moving average of $77.65 and a 200-day simple moving average of $77.32. Brunswick has a 12-month low of $48.83 and a 12-month high of $90.25. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13.

Brunswick (NYSE:BCGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.24. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.56 EPS. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Equities analysts expect that Brunswick will post 4.29 EPS for the current fiscal year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be given a $0.44 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.76 dividend on an annualized basis and a yield of 2.1%. Brunswick’s payout ratio is -83.81%.

Brunswick Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Brunswick (NYSE:BC)

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