7,965 Shares in Brunswick Corporation $BC Acquired by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC purchased a new position in shares of Brunswick Corporation (NYSE:BC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,965 shares of the company’s stock, valued at approximately $591,000.

Other hedge funds also recently made changes to their positions in the company. First Horizon Corp grew its stake in shares of Brunswick by 31.7% during the 4th quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after buying an additional 132 shares during the period. Verdence Capital Advisors LLC raised its position in shares of Brunswick by 2.4% in the 4th quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock worth $504,000 after buying an additional 156 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 buying an additional 159 shares during the period. Jones Financial Companies Lllp boosted its holdings in Brunswick by 50.6% in the third quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock valued at $31,000 after acquiring an additional 166 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Brunswick by 15.2% in the third quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock valued at $84,000 after acquiring an additional 176 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Truist Financial upped their price target on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Roth Mkm reiterated a “buy” rating and set a $94.00 target price (up from $79.00) on shares of Brunswick in a report on Friday, January 30th. JPMorgan Chase & Co. increased their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Morgan Stanley set a $82.00 price target on shares of Brunswick in a report on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $86.71.

Brunswick Trading Up 1.0%

NYSE:BC opened at $81.62 on Friday. The business’s 50-day moving average is $75.92 and its two-hundred day moving average is $75.96. The firm has a market capitalization of $5.31 billion, a PE ratio of -38.87 and a beta of 1.33. Brunswick Corporation has a 12 month low of $47.82 and a 12 month high of $90.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick (NYSE:BC) last posted its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Research analysts predict that Brunswick Corporation will post 4.24 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders 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 annualized dividend and a yield of 2.2%. Brunswick’s dividend payout ratio (DPR) is -83.81%.

Brunswick Company Profile

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.