Brunswick Corporation (NYSE:BC – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $88.00.
Several equities research analysts have commented on BC shares. Truist Financial increased their price objective on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, July 6th. DA Davidson reaffirmed a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a report on Monday, August 17th. Robert W. Baird set a $92.00 target price on Brunswick in a research note on Friday, July 31st. 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. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th.
Get Our Latest Stock Report on Brunswick
Brunswick Trading Down 0.1%
Brunswick (NYSE:BC – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the firm earned $0.90 EPS. The business’s revenue was up 7.7% on a year-over-year basis. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Analysts predict that Brunswick will post 4.55 EPS for the current fiscal year.
Brunswick Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, August 20th. Brunswick’s dividend payout ratio is presently -134.35%.
Institutional Investors Weigh In On Brunswick
A number of institutional investors have recently made changes to their positions in the business. Quarry LP boosted its stake in shares of Brunswick by 38.4% during the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after purchasing an additional 122 shares during the period. First Horizon Corp increased its holdings in Brunswick by 27.9% during the first quarter. First Horizon Corp now owns 701 shares of the company’s stock valued at $51,000 after buying an additional 153 shares during the period. Farther Finance Advisors LLC raised its position in shares of Brunswick by 72.3% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after acquiring an additional 159 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Brunswick by 5.1% in the second quarter. Baird Financial Group Inc. now owns 3,564 shares of the company’s stock worth $300,000 after purchasing an additional 172 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Brunswick by 15.2% during the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock worth $84,000 after acquiring an additional 176 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.
About Brunswick
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.
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