Analysts Set Brunswick Corporation (NYSE:BC) Target Price at $87.57

Brunswick Corporation (NYSE:BC) has earned an average recommendation of “Hold” from the fifteen research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $88.00.

Several equities research analysts recently issued reports on BC shares. Wall Street Zen cut shares of Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. William Blair set a $94.00 target price on Brunswick in a report on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. Morgan Stanley upped their target price on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Truist Financial raised their price target on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, July 6th.

Insiders Place Their Bets

In related news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction 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 directly owned 267,528 shares of the company’s stock, valued at $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.99% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Brunswick

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BC. Hsbc Holdings PLC boosted its stake in Brunswick by 32.2% during the 2nd quarter. Hsbc Holdings PLC now owns 90,649 shares of the company’s stock worth $7,591,000 after purchasing an additional 22,098 shares during the period. Empowered Funds LLC purchased a new stake in shares of Brunswick during the 2nd quarter worth $2,019,000. United Capital Financial Advisors LLC purchased a new position in shares of Brunswick during the second quarter valued at approximately $295,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Brunswick during the second quarter worth $1,552,000. Finally, Capstone Investment Advisors LLC acquired a new stake in Brunswick in the 2nd quarter worth about $769,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick Stock Up 0.8%

Shares of NYSE:BC opened at $81.69 on Thursday. Brunswick has a 52-week low of $58.56 and a 52-week high of $90.25. The stock has a market cap of $5.29 billion, a P/E ratio of -62.36 and a beta of 1.33. The business has a fifty day moving average of $81.09 and a two-hundred day moving average of $79.80. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.19 by $0.37. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, research analysts expect that Brunswick will post 4.55 earnings per share for the current year.

Brunswick Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, August 20th. Brunswick’s dividend payout ratio (DPR) is currently -134.35%.

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.