UBS Group AG Buys 164,445 Shares of Brunswick Corporation $BC

UBS Group AG lifted its stake in Brunswick Corporation (NYSE:BC) by 48.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 504,043 shares of the company’s stock after acquiring an additional 164,445 shares during the period. UBS Group AG’s holdings in Brunswick were worth $37,420,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. American Century Companies Inc. boosted its position in Brunswick by 56.4% during the third quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock worth $145,637,000 after purchasing an additional 830,451 shares during the period. Bank of New York Mellon Corp raised its position in shares of Brunswick by 70.1% in the third quarter. Bank of New York Mellon Corp now owns 1,700,164 shares of the company’s stock valued at $107,518,000 after purchasing an additional 700,447 shares during the period. AQR Capital Management LLC lifted its stake in shares of Brunswick by 812.7% in the second quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock worth $38,934,000 after buying an additional 628,393 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Brunswick by 62.4% in the third quarter. Marshall Wace LLP now owns 1,471,536 shares of the company’s stock worth $93,060,000 after buying an additional 565,459 shares during the last quarter. Finally, Interval Partners LP boosted its holdings in shares of Brunswick by 268.6% during the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock worth $32,973,000 after buying an additional 379,937 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Brunswick Trading Down 0.9%

Shares of BC stock opened at $80.70 on Friday. The firm has a market capitalization of $5.25 billion, a P/E ratio of -38.43 and a beta of 1.33. Brunswick Corporation has a 1 year low of $46.12 and a 1 year high of $90.25. The firm’s fifty day simple moving average is $75.92 and its 200 day simple moving average is $75.96. 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:BC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the business posted $0.56 EPS. The business’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, sell-side analysts predict that Brunswick Corporation will post 4.24 EPS for the current year.

Brunswick Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on BC shares. JPMorgan Chase & Co. raised their target price 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. DA Davidson upped their price target on shares of Brunswick from $68.00 to $76.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Truist Financial raised their price target on Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research report on Monday, April 27th. B. Riley Financial reissued a “neutral” rating and set a $80.00 price objective (up from $70.00) on shares of Brunswick in a research report on Friday, January 30th. Finally, Morgan Stanley set a $82.00 target price on Brunswick in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $86.71.

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.