Brunswick Corporation $BC Shares Purchased by Swedbank AB

Swedbank AB raised its stake in shares of Brunswick Corporation (NYSE:BCFree Report) by 28.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 180,000 shares of the company’s stock after acquiring an additional 40,000 shares during the period. Swedbank AB’s holdings in Brunswick were worth $13,097,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BC. Norges Bank acquired a new position in shares of Brunswick in the fourth quarter valued at approximately $46,665,000. AQR Capital Management LLC lifted its holdings in shares of Brunswick by 812.7% during the second quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock worth $38,934,000 after purchasing an additional 628,393 shares during the period. Invesco Ltd. grew its position in Brunswick by 381.4% in the 4th quarter. Invesco Ltd. now owns 765,651 shares of the company’s stock valued at $56,842,000 after buying an additional 606,618 shares during the last quarter. Marshall Wace LLP grew its position in Brunswick by 62.4% in the 3rd quarter. Marshall Wace LLP now owns 1,471,536 shares of the company’s stock valued at $93,060,000 after buying an additional 565,459 shares during the last quarter. Finally, Interval Partners LP increased its stake in Brunswick by 268.6% in the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock valued at $32,973,000 after buying an additional 379,937 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. Truist Financial boosted their price target on shares of Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday. DA Davidson reissued a “neutral” rating and set a $76.00 price target on shares of Brunswick in a report on Monday, May 18th. Morgan Stanley increased 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. Finally, Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Brunswick has an average rating of “Hold” and an average price target of $87.07.

Read Our Latest Stock Report on Brunswick

Brunswick Stock Up 3.6%

BC stock opened at $77.98 on Friday. The company has a market cap of $5.07 billion, a P/E ratio of -37.14 and a beta of 1.33. Brunswick Corporation has a 52 week low of $55.60 and a 52 week high of $90.25. The company’s 50-day moving average price is $80.95 and its 200 day moving average price is $80.14. 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 issued its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the company posted $0.56 earnings per share. The firm’s quarterly revenue 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. On average, research analysts expect that Brunswick Corporation will post 4.31 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, May 18th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, May 18th. Brunswick’s dividend payout ratio (DPR) is presently -83.81%.

Insider Transactions at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.99% of the company’s stock.

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About Brunswick

(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.

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Institutional Ownership by Quarter for Brunswick (NYSE:BC)

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