Interval Partners LP Has $11.13 Million Stake in Brunswick Corporation $BC

Interval Partners LP decreased its holdings in shares of Brunswick Corporation (NYSE:BC) by 71.2% in the 4th quarter, Holdings Channel reports. The fund owned 149,959 shares of the company’s stock after selling 371,442 shares during the period. Interval Partners LP’s holdings in Brunswick were worth $11,133,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Gotham Asset Management LLC raised its stake in Brunswick by 40.7% during the fourth quarter. Gotham Asset Management LLC now owns 363,240 shares of the company’s stock worth $26,967,000 after acquiring an additional 105,163 shares in the last quarter. Evolve Private Wealth LLC acquired a new position in Brunswick during the fourth quarter worth about $324,000. Engineers Gate Manager LP raised its stake in Brunswick by 23.4% during the fourth quarter. Engineers Gate Manager LP now owns 10,887 shares of the company’s stock worth $808,000 after acquiring an additional 2,064 shares in the last quarter. AQR Capital Management LLC raised its stake in Brunswick by 36.4% during the fourth quarter. AQR Capital Management LLC now owns 1,194,295 shares of the company’s stock worth $88,664,000 after acquiring an additional 318,465 shares in the last quarter. Finally, Nitor Capital Management LLC acquired a new position in Brunswick during the fourth quarter worth about $2,073,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Insider Buying and Selling at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the sale, the chief executive officer directly owned 267,528 shares in the company, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.99% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on BC. Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Truist Financial boosted their target price on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. boosted their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Morgan Stanley boosted their target price on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a 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 given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $87.00.

Brunswick Stock Performance

NYSE:BC opened at $80.96 on Thursday. The stock has a market cap of $5.26 billion, a P/E ratio of -38.55 and a beta of 1.33. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13. The stock’s 50-day moving average is $80.06 and its 200-day moving average is $79.04. Brunswick Corporation has a 1-year low of $54.19 and a 1-year high of $90.25.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.24. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Equities research analysts anticipate that Brunswick Corporation will post 4.29 earnings per share for the current year.

Brunswick Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, May 18th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, May 18th. Brunswick’s payout ratio is -83.81%.

Brunswick 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.