Friedenthal Financial Takes Position in Brunswick Corporation $BC

Friedenthal Financial purchased a new stake in Brunswick Corporation (NYSE:BC) during the first quarter, Holdings Channel reports. The fund purchased 13,637 shares of the company’s stock, valued at approximately $992,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Quarry LP boosted its position in shares of Brunswick by 38.4% during the 4th quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 122 shares during the period. First Horizon Corp raised its position in Brunswick by 31.7% in the fourth quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after purchasing an additional 132 shares during the period. Verdence Capital Advisors LLC lifted its stake in Brunswick by 2.4% during the fourth quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock worth $504,000 after purchasing an additional 156 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after purchasing an additional 159 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Brunswick by 15.2% during the third quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock worth $84,000 after buying an additional 176 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Insider Buying and Selling

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the company’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 owned 267,528 shares in the company, valued at $22,236,927.36. This represents a 8.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BC shares. Wall Street Zen cut Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley increased 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. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a report on Friday, March 27th. DA Davidson reaffirmed a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research report on Monday, May 18th. Finally, Truist Financial boosted their price target on shares of Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. One equities research 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 given a Sell rating to the stock. According to data from MarketBeat, Brunswick presently has an average rating of “Hold” and a consensus target price of $87.00.

Brunswick Stock Performance

Shares of BC stock opened at $84.83 on Thursday. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. Brunswick Corporation has a 52 week low of $54.49 and a 52 week high of $90.25. The stock has a market capitalization of $5.51 billion, a PE ratio of -40.39 and a beta of 1.33. The firm has a 50 day moving average of $80.68 and a two-hundred day moving average of $79.55.

Brunswick (NYSE:BC) last posted 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. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the company earned $0.56 earnings per share. The company’s revenue was up 12.8% on a year-over-year basis. 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, research analysts predict that Brunswick Corporation will post 4.29 EPS for the current fiscal year.

Brunswick Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, May 18th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, May 18th. Brunswick’s payout ratio is presently -83.81%.

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.