JPMorgan Chase & Co. Has Lowered Expectations for Brunswick (NYSE:BC) Stock Price

Brunswick (NYSE:BC) had its price target lowered by equities researchers at JPMorgan Chase & Co. from $80.00 to $66.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 0.52% from the company’s current price.

Several other research firms have also commented on BC. DA Davidson reiterated a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a research note on Monday, August 17th. Robert W. Baird set a $92.00 target price on shares of Brunswick in a research note on Friday, July 31st. Truist Financial set a $81.00 price target on shares of Brunswick in a report on Friday. William Blair set a $94.00 price target on Brunswick in a research report on Thursday, August 13th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a report on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $84.75.

Brunswick Stock Down 3.9%

Shares of BC stock traded down $2.63 on Friday, hitting $65.66. The stock had a trading volume of 253,618 shares, compared to its average volume of 806,928. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average price of $70.20 and a 200 day moving average price of $76.79. The company has a market cap of $4.25 billion, a PE ratio of -50.22 and a beta of 1.38. Brunswick has a one year low of $59.06 and a one year high of $90.25.

Brunswick (NYSE:BC) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Research analysts anticipate that Brunswick will post 4.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Brunswick during the second quarter worth about $568,461,000. Dimensional Fund Advisors LP increased its holdings in Brunswick by 2.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,931,104 shares of the company’s stock worth $213,253,000 after buying an additional 82,689 shares during the period. Bank of New York Mellon Corp acquired a new position in Brunswick in the 2nd quarter worth approximately $101,201,000. Bank of America Corp DE raised its position in Brunswick by 296.1% during the 1st quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock worth $63,474,000 after buying an additional 652,136 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Brunswick during the 2nd quarter worth approximately $40,211,000. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

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.