Copeland Capital Management LLC Trims Stock Position in Brunswick Corporation $BC

Copeland Capital Management LLC trimmed its stake in Brunswick Corporation (NYSE:BC) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 890,412 shares of the company’s stock after selling 16,235 shares during the period. Brunswick makes up 1.4% of Copeland Capital Management LLC’s investment portfolio, making the stock its 19th largest holding. Copeland Capital Management LLC’s holdings in Brunswick were worth $64,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of BC. Swedbank AB purchased a new position in shares of Brunswick during the fourth quarter worth about $10,394,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of Brunswick by 2.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock valued at $265,252,000 after acquiring an additional 78,228 shares during the period. Global Alpha Capital Management Ltd. increased its holdings in shares of Brunswick by 21.4% in the 4th quarter. Global Alpha Capital Management Ltd. now owns 328,523 shares of the company’s stock valued at $24,390,000 after acquiring an additional 57,895 shares during the period. Deprince Race & Zollo Inc. boosted its stake in Brunswick by 0.8% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,866,872 shares of the company’s stock worth $138,597,000 after purchasing an additional 14,822 shares during the period. Finally, Ritholtz Wealth Management purchased a new position in Brunswick during the 1st quarter worth $914,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction dated 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 in the company, valued at $22,236,927.36. This trade 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 available at this link. 0.99% of the stock is owned by corporate insiders.

Brunswick Stock Performance

Shares of BC stock opened at $80.40 on Friday. 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 has a 50 day simple moving average of $80.80 and a 200-day simple moving average of $80.23. The company has a market cap of $5.22 billion, a price-to-earnings ratio of -38.28 and a beta of 1.33. Brunswick Corporation has a 12-month low of $55.60 and a 12-month high of $90.25.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion for 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%.Brunswick’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities analysts forecast that Brunswick Corporation will post 4.31 EPS for the current year.

Brunswick Announces Dividend

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

Analyst Upgrades and Downgrades

BC has been the subject of several recent research reports. Truist Financial increased their target price on shares of Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Wall Street Zen cut Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley lifted their price objective 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. JPMorgan Chase & Co. boosted their price objective on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Finally, DA Davidson restated a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $87.07.

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.