Brunswick Corporation $BC Shares Acquired by Walleye Capital LLC

Walleye Capital LLC grew its position in Brunswick Corporation (NYSE:BC) by 1,187.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 87,110 shares of the company’s stock after buying an additional 80,345 shares during the quarter. Walleye Capital LLC’s holdings in Brunswick were worth $6,338,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Swedbank AB acquired a new stake in Brunswick during the 4th quarter worth $10,394,000. Massachusetts Financial Services Co. MA grew its holdings in shares of 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 buying an additional 78,228 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of Brunswick in the first quarter valued at about $914,000. Global Alpha Capital Management Ltd. raised its position in shares of Brunswick by 21.4% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 328,523 shares of the company’s stock valued at $24,390,000 after buying an additional 57,895 shares during the last quarter. Finally, Deprince Race & Zollo Inc. lifted its stake in shares of Brunswick by 0.8% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,866,872 shares of the company’s stock worth $138,597,000 after buying an additional 14,822 shares in the last quarter. 99.34% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total value of $2,148,901.36. Following the completion of the sale, the chief executive officer owned 267,528 shares of the company’s stock, valued at $22,236,927.36. This represents a 8.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.99% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

BC has been the topic of a number of recent research reports. Morgan Stanley boosted their price target on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. JPMorgan Chase & Co. raised their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Truist Financial boosted their target price on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Finally, Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $87.07.

Brunswick Stock Up 1.7%

NYSE BC opened at $81.95 on Thursday. Brunswick Corporation has a 52 week low of $55.60 and a 52 week high of $90.25. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. The business’s fifty day simple moving average is $80.93 and its 200-day simple moving average is $80.39. The firm has a market cap of $5.32 billion, a PE ratio of -39.02 and a beta of 1.33.

Brunswick (NYSE:BC) last announced its quarterly earnings data 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 firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the firm posted $0.56 earnings per share. Brunswick’s quarterly 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. As a group, equities analysts anticipate that Brunswick Corporation will post 4.31 earnings per share for the current year.

Brunswick Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, August 20th. 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.