Brunswick Corporation $BC Shares Sold by LSV Asset Management

LSV Asset Management decreased its position in shares of Brunswick Corporation (NYSE:BC) by 33.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 186,900 shares of the company’s stock after selling 93,600 shares during the quarter. LSV Asset Management owned approximately 0.29% of Brunswick worth $11,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Royal Bank of Canada raised its stake in Brunswick by 10.7% during the first quarter. Royal Bank of Canada now owns 149,000 shares of the company’s stock worth $8,024,000 after purchasing an additional 14,395 shares during the period. AQR Capital Management LLC raised its position in shares of Brunswick by 133.6% during the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company’s stock valued at $4,076,000 after buying an additional 44,228 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Brunswick by 142.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company’s stock valued at $18,659,000 after buying an additional 203,838 shares during the period. United Services Automobile Association acquired a new position in Brunswick in the first quarter valued at approximately $214,000. Finally, Geneos Wealth Management Inc. grew its position in Brunswick by 477.0% in the first quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after acquiring an additional 601 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick News Summary

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Q4 top-line beat and margin improvement — Revenue rose ~15.5% YoY to $1.33B and gross profit expanded, supporting confidence in demand across Brunswick’s marine businesses. Brunswick Q4 results (QuiverQuant)
• Positive Sentiment: Dividend increase signals cash-return commitment — Board declared a $0.44 quarterly dividend (14th consecutive year of increases), which can attract income-oriented investors and supports sentiment. Dividend release (GlobeNewswire)
• Positive Sentiment: Street support from recent analyst buy/outperform ratings adds upside conviction — Several firms (Benchmark, Citigroup, BMO, Truist) have issued positive ratings in recent months. Analyst coverage summary (QuiverQuant)
• Neutral Sentiment: Mixed price targets and valuations — Analyst targets range widely (median ~$75.5, several well above and below), leaving room for differing views on upside from current levels. Price target data (QuiverQuant)
• Neutral Sentiment: Institutional activity is mixed — Recent filings show both large additions and large reductions by major funds, suggesting divergent positioning among large holders. Hedge fund & institutional moves (QuiverQuant)
• Negative Sentiment: Profitability weakened materially — Despite revenue growth, operating profit and net income fell sharply year-over-year (operating profit down ~175%; net income down ~123%), raising questions about cost leverage and short-term margin pressure. Earnings detail (QuiverQuant)
• Negative Sentiment: Recent insider selling — Executives including the CEO sold shares in the past six months, which investors may view as a mild negative signal about near-term insider conviction. Insider transactions (QuiverQuant)
• Negative Sentiment: Third‑party bearish commentary — A recent “3 reasons to sell BC” piece highlights concerns that could pressure sentiment if amplified by media/analysts. Sell thesis (MSN)

Insider Buying and Selling

In related news, CEO David M. Foulkes sold 38,266 shares of Brunswick stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $86.56, for a total value of $3,312,304.96. Following the completion of the transaction, the chief executive officer owned 271,169 shares in the company, valued at $23,472,388.64. The trade was a 12.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Christopher F. Dekker sold 4,981 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $87.38, for a total value of $435,239.78. Following the completion of the transaction, the vice president directly owned 39,740 shares in the company, valued at $3,472,481.20. This trade represents a 11.14% decrease in their position. The SEC filing for this sale provides additional information. 0.81% of the stock is currently owned by corporate insiders.

Brunswick Trading Up 1.1%

Shares of BC stock opened at $87.09 on Friday. Brunswick Corporation has a fifty-two week low of $41.00 and a fifty-two week high of $89.61. The company has a 50 day moving average price of $81.40 and a 200 day moving average price of $70.18. The stock has a market capitalization of $5.66 billion, a P/E ratio of -41.08 and a beta of 1.39. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.61 and a current ratio of 1.44.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.58 EPS for the quarter, meeting the consensus estimate of $0.58. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Brunswick had a negative net margin of 2.56% and a positive return on equity of 12.22%. The firm’s revenue was up 15.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 EPS. Equities research analysts predict that Brunswick Corporation will post 4.19 EPS for the current fiscal year.

Brunswick Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, February 23rd will be given a dividend of $0.44 per share. This is a boost from Brunswick’s previous quarterly dividend of $0.43. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, February 23rd. Brunswick’s dividend payout ratio is presently -81.13%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Roth Mkm restated a “buy” rating and issued a $94.00 target price (up previously from $79.00) on shares of Brunswick in a research report on Friday, January 30th. B. Riley Financial reaffirmed a “neutral” rating and set a $80.00 target price (up previously from $70.00) on shares of Brunswick in a research note on Friday, January 30th. Benchmark lifted their price target on shares of Brunswick from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, January 30th. DA Davidson upped their price objective on shares of Brunswick from $68.00 to $76.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Finally, Citigroup increased their price objective on shares of Brunswick from $100.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Six investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $83.93.

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.