Blue Trust Inc. Grows Holdings in Brunswick Corporation $BC

Blue Trust Inc. raised its position in shares of Brunswick Corporation (NYSE:BC) by 24.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,041 shares of the company’s stock after buying an additional 206 shares during the period. Blue Trust Inc.’s holdings in Brunswick were worth $58,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BC. GAMMA Investing LLC boosted its position in Brunswick by 59.3% during the 1st quarter. GAMMA Investing LLC now owns 1,276 shares of the company’s stock valued at $69,000 after buying an additional 475 shares during the period. Fifth Third Bancorp raised its holdings in Brunswick by 33.3% in the 1st quarter. Fifth Third Bancorp now owns 1,078 shares of the company’s stock worth $58,000 after purchasing an additional 269 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Brunswick by 7.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,349 shares of the company’s stock worth $396,000 after purchasing an additional 484 shares in the last quarter. Hudson Edge Investment Partners Inc. raised its holdings in Brunswick by 63.2% in the 1st quarter. Hudson Edge Investment Partners Inc. now owns 12,361 shares of the company’s stock worth $666,000 after purchasing an additional 4,787 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in Brunswick by 171.6% in the 1st quarter. First Horizon Advisors Inc. now owns 755 shares of the company’s stock worth $41,000 after purchasing an additional 477 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick Stock Up 2.2%

NYSE:BC opened at $63.91 on Friday. The firm has a 50-day simple moving average of $63.75 and a two-hundred day simple moving average of $56.78. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.70 and a current ratio of 1.68. The firm has a market cap of $4.18 billion, a P/E ratio of 103.08 and a beta of 1.36. Brunswick Corporation has a fifty-two week low of $41.00 and a fifty-two week high of $87.65.

Brunswick (NYSE:BC) last announced its quarterly earnings results on Thursday, July 24th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.27. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.25 billion. Brunswick had a net margin of 0.82% and a return on equity of 10.73%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.80 EPS. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. Analysts predict that Brunswick Corporation will post 4.19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on BC. Roth Capital upped their price objective on shares of Brunswick from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Wall Street Zen upgraded shares of Brunswick from a “hold” rating to a “buy” rating in a report on Monday, September 15th. Citigroup restated a “buy” rating on shares of Brunswick in a report on Wednesday, August 27th. B. Riley upped their price objective on shares of Brunswick from $60.00 to $70.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Brunswick in a report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $67.62.

Brunswick Profile

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.