Brunswick Corporation $BC Holdings Trimmed by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. trimmed its position in shares of Brunswick Corporation (NYSE:BC) by 17.0% during the 4th quarter, HoldingsChannel reports. The firm owned 754,046 shares of the company’s stock after selling 154,807 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Brunswick were worth $55,980,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Corp lifted its position in shares of Brunswick by 31.7% during the fourth quarter. First Horizon Corp now owns 548 shares of the company’s stock worth $41,000 after purchasing an additional 132 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in shares of Brunswick by 2.4% during the fourth quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock worth $504,000 after purchasing an additional 156 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after purchasing an additional 159 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Brunswick by 50.6% during the third quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock worth $31,000 after purchasing an additional 166 shares in the last quarter. Finally, NewEdge Advisors LLC lifted 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 buying an additional 176 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the company’s stock in a transaction that occurred 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 owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.99% of the company’s stock.

Brunswick Trading Up 1.3%

Shares of NYSE BC opened at $82.72 on Friday. The company’s 50 day simple moving average is $79.55 and its 200 day simple moving average is $78.63. Brunswick Corporation has a fifty-two week low of $54.19 and a fifty-two week high of $90.25. The firm has a market capitalization of $5.37 billion, a P/E ratio of -39.39 and a beta of 1.33. 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 announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the business posted $0.56 earnings per share. Brunswick’s revenue was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. On average, analysts predict that Brunswick Corporation will post 4.29 EPS for the current year.

Brunswick Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Morgan Stanley increased their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Truist Financial increased their price objective on shares of Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a report on Monday, April 27th. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a report on Friday, March 27th. Finally, DA Davidson restated a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a report on Monday, May 18th. One equities research 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $87.00.

About Brunswick

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.