Sanctuary Advisors LLC Makes New Investment in Brunswick Corporation $BC

Sanctuary Advisors LLC bought a new stake in Brunswick Corporation (NYSE:BC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 8,789 shares of the company’s stock, valued at approximately $740,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB acquired a new position in shares of Brunswick in the fourth quarter valued at approximately $10,394,000. BlackRock Inc. acquired a new stake in Brunswick during the 2nd quarter worth approximately $568,461,000. Arrowstreet Capital Limited Partnership grew its holdings in Brunswick by 148.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 79,607 shares of the company’s stock worth $5,792,000 after acquiring an additional 47,573 shares during the last quarter. Global Alpha Capital Management Ltd. grew its holdings in Brunswick by 21.4% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 328,523 shares of the company’s stock worth $24,390,000 after acquiring an additional 57,895 shares during the last quarter. Finally, Friedenthal Financial acquired a new position in Brunswick in the 1st quarter valued at approximately $992,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BC. Morgan Stanley lifted their price target on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. William Blair set a $94.00 price objective 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. Truist Financial lifted their target price on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Finally, DA Davidson reiterated a “neutral” rating and issued a $76.00 price target on shares of Brunswick in a research report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $88.00.

Brunswick Stock Down 1.3%

Shares of NYSE BC opened at $76.60 on Friday. The company has a market capitalization of $4.96 billion, a P/E ratio of -58.47 and a beta of 1.33. Brunswick Corporation has a 52-week low of $58.56 and a 52-week high of $90.25. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.65 and a current ratio of 1.45. The company’s 50 day moving average price is $80.72 and its 200-day moving average price is $79.57.

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

Brunswick Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Thursday, August 20th. Brunswick’s dividend payout ratio (DPR) is presently -134.35%.

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.