Brunswick Corporation $BC Shares Sold by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lessened its position in Brunswick Corporation (NYSE:BC) by 12.2% during the first quarter, Holdings Channel reports. The institutional investor owned 1,639,183 shares of the company’s stock after selling 227,689 shares during the quarter. Brunswick comprises approximately 2.3% of Deprince Race & Zollo Inc.’s portfolio, making the stock its largest holding. Deprince Race & Zollo Inc.’s holdings in Brunswick were worth $119,267,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Massachusetts Financial Services Co. MA raised its holdings in Brunswick by 2.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock worth $265,252,000 after acquiring an additional 78,228 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Brunswick by 3.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,848,415 shares of the company’s stock worth $211,469,000 after acquiring an additional 98,972 shares in the last quarter. Marshall Wace LLP lifted its stake in Brunswick by 30.6% in the fourth quarter. Marshall Wace LLP now owns 1,921,479 shares of the company’s stock valued at $142,651,000 after acquiring an additional 449,943 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of Brunswick by 23.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock valued at $78,492,000 after acquiring an additional 267,479 shares during the period. Finally, Channing Capital Management LLC increased its stake in shares of Brunswick by 5.3% during the 4th quarter. Channing Capital Management LLC now owns 1,244,528 shares of the company’s stock worth $92,394,000 after purchasing an additional 62,202 shares during the last quarter. Institutional investors own 99.34% of the company’s stock.

Brunswick Trading Down 3.1%

BC opened at $81.63 on Thursday. Brunswick Corporation has a fifty-two week low of $55.60 and a fifty-two week high of $90.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of -38.87 and a beta of 1.33. The company’s 50 day moving average price is $81.27 and its two-hundred day moving average price is $80.00.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. Brunswick’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, research analysts predict that Brunswick Corporation will post 4.28 earnings per share for the current year.

Brunswick Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, May 18th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, May 18th. Brunswick’s dividend payout ratio is currently -83.81%.

Insider Transactions at Brunswick

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the completion of the transaction, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. This trade represents a 8.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Truist Financial lifted their price target on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a report on Monday, April 27th. JPMorgan Chase & Co. upped their price target on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Morgan Stanley boosted their price objective on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. 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. Based on data from MarketBeat, Brunswick currently has a consensus rating of “Hold” and a consensus price target of $87.00.

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.