Brunswick (NYSE:BC) Given New $79.00 Price Target at BNP Paribas Exane

Brunswick (NYSE:BC) had its price objective lowered by BNP Paribas Exane from $88.00 to $79.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

BC has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research report on Monday, September 21st. DA Davidson reiterated a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a research note on Monday, August 17th. Royal Bank Of Canada set a $66.00 target price on Brunswick in a report on Friday, October 23rd. Robert W. Baird set a $92.00 target price on Brunswick in a research note on Friday, July 31st. Finally, Truist Financial cut their price target on Brunswick from $94.00 to $81.00 and set a “buy” rating on the stock in a report on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $84.25.

Brunswick Trading Up 1.3%

Shares of BC stock opened at $75.31 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.65 and a current ratio of 1.51. The stock has a market capitalization of $4.88 billion, a P/E ratio of 23.32 and a beta of 1.38. The company has a 50 day moving average price of $68.90 and a 200 day moving average price of $77.45. Brunswick has a fifty-two week low of $59.06 and a fifty-two week high of $90.25.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, October 29th. The company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.23. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.46 billion. Brunswick had a net margin of 3.69% and a return on equity of 17.51%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.97 EPS. Equities research analysts predict that Brunswick will post 4.65 EPS for the current fiscal year.

Brunswick Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, November 24th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, November 24th. Brunswick’s payout ratio is 54.49%.

Institutional Investors Weigh In On Brunswick

A number of large investors have recently modified their holdings of the company. Hsbc Holdings PLC increased its holdings in shares of Brunswick by 32.2% in the 2nd quarter. Hsbc Holdings PLC now owns 90,649 shares of the company’s stock valued at $7,591,000 after acquiring an additional 22,098 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Brunswick during the 2nd quarter worth about $27,441,000. BlackRock Inc. purchased a new stake in Brunswick during the second quarter worth approximately $568,461,000. Public Employees Retirement System of Ohio purchased a new stake in Brunswick during the second quarter worth approximately $1,552,000. Finally, Castleark Management LLC purchased a new stake in Brunswick during the second quarter worth approximately $4,778,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Key Brunswick News

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Q3 earnings significantly exceeded expectations. Brunswick reported adjusted earnings of $1.58 per share, up from $0.97 a year earlier and above the roughly $1.34–$1.35 analyst consensus. Revenue increased 6.9% year over year to approximately $1.45 billion. Brunswick Corporation Releases 2026 Third Quarter Earnings
• Positive Sentiment: The company swung to a quarterly profit and issued fiscal 2026 guidance, giving investors greater visibility into its expected performance. The earnings improvement and year-over-year sales growth suggest that profitability is benefiting despite challenging conditions in the recreational marine market. Brunswick Swings To Profit In Q3, Announces FY26 Financial Guidance
• Neutral Sentiment: Management’s earnings call and presentation may provide additional detail on demand trends, margins, cost controls and the outlook for Brunswick’s marine, propulsion and engine businesses. Investors will focus on whether the earnings strength can continue into 2027. Brunswick Q3 2026 Earnings Call Transcript
• Negative Sentiment: BNP Paribas Exane lowered its price target from $88 to $79 and maintained a “neutral” rating. The reduced target leaves only modest implied upside from recent trading levels, signaling limited analyst conviction after the recent rally and potentially capping further gains. BNP Paribas Exane Brunswick Rating

Brunswick Company Profile

Brunswick Corporation (NYSE:BC) is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.

The company’s marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.