Brunswick Corporation (NYSE:BC) Receives $87.00 Consensus PT from Brokerages

Brunswick Corporation (NYSE:BCGet Free Report) has been given a consensus recommendation of “Hold” by the fifteen research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $87.00.

Several analysts have recently weighed in on BC shares. JPMorgan Chase & Co. lifted their target price on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Texas Capital upgraded shares of Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. DA Davidson reiterated a “neutral” rating and set a $76.00 target price on shares of Brunswick in a research report on Monday, May 18th. Morgan Stanley lifted their target price 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. Finally, Truist Financial boosted their price target on Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Monday, April 27th.

Read Our Latest Stock Report on Brunswick

Brunswick Price Performance

Shares of NYSE:BC opened at $86.93 on Wednesday. Brunswick has a 1-year low of $54.72 and a 1-year high of $90.25. The firm has a market capitalization of $5.65 billion, a PE ratio of -41.40 and a beta of 1.33. The business’s 50 day moving average is $81.06 and its 200-day moving average is $79.79. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13.

Brunswick (NYSE:BCGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the firm earned $0.56 EPS. Brunswick’s revenue for the quarter was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Sell-side analysts predict that Brunswick will post 4.28 earnings per share for the current year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, May 18th were paid a $0.44 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.76 annualized dividend and a yield of 2.0%. Brunswick’s payout ratio is currently -83.81%.

Insider Buying and Selling

In related news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the sale, the chief executive officer owned 267,528 shares of the company’s stock, valued at $22,236,927.36. The trade was a 8.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.99% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Brunswick

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new position in Brunswick in the first quarter valued at about $27,000. Farther Finance Advisors LLC boosted its position in Brunswick by 72.3% in the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 159 shares in the last quarter. Millstone Evans Group LLC acquired a new position in Brunswick in the first quarter valued at about $29,000. V Square Quantitative Management LLC acquired a new position in Brunswick in the fourth quarter valued at about $30,000. Finally, Quarry LP boosted its position in Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after buying an additional 122 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

About Brunswick

(Get Free Report)

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.

See Also

Analyst Recommendations for Brunswick (NYSE:BC)

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