Brunswick (NYSE:BC) Price Target Raised to $94.00 at Truist Financial

Brunswick (NYSE:BC) had its target price hoisted by equities researchers at Truist Financial from $93.00 to $94.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 18.73% from the company’s previous close.

A number of other brokerages have also recently commented on BC. JPMorgan Chase & Co. upped their price target on Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. DA Davidson reaffirmed a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a report on Monday, May 18th. Finally, Morgan Stanley increased their target price 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. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $87.07.

Brunswick Trading Up 0.1%

Shares of BC stock opened at $79.17 on Monday. The company has a 50 day moving average of $81.14 and a 200-day moving average of $80.07. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. Brunswick has a 12-month low of $55.60 and a 12-month high of $90.25. The firm has a market cap of $5.14 billion, a P/E ratio of -37.70 and a beta of 1.33.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the business earned $0.56 earnings per share. Brunswick’s revenue for the quarter 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. Sell-side analysts anticipate that Brunswick will post 4.28 earnings per share for the current year.

Insider Buying and Selling at Brunswick

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BC. Summit Securities Group LLC purchased a new position in Brunswick during the 1st quarter valued at about $27,000. Farther Finance Advisors LLC lifted its holdings in shares of Brunswick by 72.3% in the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after buying an additional 159 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of Brunswick in the first quarter worth about $29,000. V Square Quantitative Management LLC bought a new position in shares of Brunswick in the fourth quarter valued at approximately $30,000. Finally, Quarry LP boosted its position in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares during the period. Institutional investors own 99.34% of the company’s stock.

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.