Brunswick Corporation $BC Stock: Tectonic Advisors LLC Grows Holdings

Tectonic Advisors LLC boosted its position in Brunswick Corporation (NYSE:BC) by 21.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,212 shares of the company’s stock after purchasing an additional 13,476 shares during the period. Tectonic Advisors LLC owned approximately 0.12% of Brunswick worth $4,832,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Corp raised its stake in shares of Brunswick by 27.9% in the 1st quarter. First Horizon Corp now owns 701 shares of the company’s stock worth $51,000 after buying an additional 153 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Brunswick by 5.1% in the second quarter. Baird Financial Group Inc. now owns 3,564 shares of the company’s stock valued at $300,000 after buying an additional 172 shares during the period. GAMMA Investing LLC boosted its stake in Brunswick by 4.1% during the second quarter. GAMMA Investing LLC now owns 4,942 shares of the company’s stock valued at $416,000 after buying an additional 194 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Brunswick by 7.6% during the second quarter. Sequoia Financial Advisors LLC now owns 3,094 shares of the company’s stock valued at $261,000 after buying an additional 218 shares in the last quarter. Finally, Waverly Advisors LLC grew its holdings in Brunswick by 8.9% during the first quarter. Waverly Advisors LLC now owns 3,184 shares of the company’s stock worth $232,000 after acquiring an additional 260 shares during the period. 99.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. William Blair set a $94.00 price target on shares of Brunswick in a research report on Thursday, August 13th. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research report on Friday, July 31st. Royal Bank Of Canada set a $66.00 price objective on shares of Brunswick in a research report on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research note on Monday, September 21st. Finally, Truist Financial dropped their target price on shares of Brunswick from $94.00 to $81.00 and set a “buy” rating on the stock in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.40.

Brunswick Price Performance

Shares of BC traded down $2.42 during trading hours on Friday, hitting $65.87. 798,562 shares of the company were exchanged, compared to its average volume of 696,735. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The company has a market capitalization of $4.27 billion, a PE ratio of -50.28 and a beta of 1.38. The firm has a fifty day simple moving average of $69.87 and a 200-day simple moving average of $76.71. Brunswick Corporation has a one year low of $59.06 and a one year high of $90.25.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%. 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 previous year, the firm earned $0.90 earnings per share. Brunswick’s revenue for the quarter was up 7.7% compared to the same quarter last year. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. As a group, sell-side analysts predict that Brunswick Corporation will post 4.55 earnings per share for the current year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, November 24th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, November 24th. Brunswick’s payout ratio is presently -134.35%.

Brunswick Profile

Brunswick Corporation (NYSE:BC) is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.

The company’s marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.