Sanctuary Advisors LLC Purchases Shares of 8,789 Brunswick Corporation $BC

Sanctuary Advisors LLC purchased a new position in shares of Brunswick Corporation (NYSE:BC – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 8,789 shares of the company’s stock, valued at approximately $740,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Brunswick in the second quarter worth $568,461,000. Dimensional Fund Advisors LP increased its stake in Brunswick by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,931,104 shares of the company’s stock valued at $213,253,000 after purchasing an additional 82,689 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Brunswick by 30.6% during the fourth quarter. Marshall Wace LLP now owns 1,921,479 shares of the company’s stock valued at $142,651,000 after purchasing an additional 449,943 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Brunswick by 23.2% during the second quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock valued at $78,492,000 after purchasing an additional 267,479 shares during the period. Finally, Channing Capital Management LLC boosted its position in shares of Brunswick by 5.3% during the 4th quarter. Channing Capital Management LLC now owns 1,244,528 shares of the company’s stock worth $92,394,000 after purchasing an additional 62,202 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

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Brunswick Trading Down 1.3%

BC opened at $76.60 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. Brunswick Corporation has a fifty-two week low of $58.56 and a fifty-two week high of $90.25. The firm has a market capitalization of $4.96 billion, a PE ratio of -58.47 and a beta of 1.33. The company’s 50-day moving average is $80.72 and its 200 day moving average is $79.57.

Brunswick (NYSE:BC – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.37. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.90 EPS. 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, research analysts predict that Brunswick Corporation will post 4.55 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The business 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 dividend of $0.44 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.76 annualized dividend and a yield of 2.3%. Brunswick’s dividend payout ratio is -134.35%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. DA Davidson restated a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research note on Monday, August 17th. Truist Financial upped their price target on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. William Blair set a $94.00 price objective on Brunswick in a report on Thursday, August 13th. Morgan Stanley upped their target price on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Brunswick currently has a consensus rating of “Moderate Buy” and an average price target of $88.00.

View Our Latest Report on BC

Brunswick Company Profile

(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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