Brunswick Corporation (NYSE:BC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Brunswick Corporation (NYSE:BC) have been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $87.0714.

Several research analysts have recently commented on the stock. Morgan Stanley raised their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. upped 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. DA Davidson reissued a “neutral” rating and issued a $76.00 price target on shares of Brunswick in a research report on Monday, May 18th. 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, July 6th. Finally, Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th.

Brunswick Stock Performance

Shares of Brunswick stock opened at $79.91 on Friday. The business has a 50-day moving average of $80.98 and a 200 day moving average of $80.41. Brunswick has a 12 month low of $55.60 and a 12 month high of $90.25. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of -38.05 and a beta of 1.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick (NYSE:BC) last released its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.24. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.Brunswick’s revenue was up 12.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 EPS. 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, sell-side analysts forecast that Brunswick will post 4.31 earnings per share for the current year.

Brunswick Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 20th. Brunswick’s payout ratio is presently -83.81%.

Insiders Place Their Bets

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 currently owned by company insiders.

Institutional Trading of Brunswick

A number of large investors have recently made changes to their positions in the company. Summit Securities Group LLC acquired a new stake in Brunswick in the first quarter valued at approximately $27,000. Farther Finance Advisors LLC grew its holdings in Brunswick by 72.3% during the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after acquiring an additional 159 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of Brunswick in the 1st quarter valued at approximately $29,000. V Square Quantitative Management LLC purchased a new stake in shares of Brunswick in the 4th quarter valued at approximately $30,000. Finally, Quarry LP raised its holdings in shares of Brunswick by 38.4% in the 4th quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after purchasing an additional 122 shares in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Brunswick Company Profile

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.