Swedbank AB Makes New Investment in Brunswick Corporation $BC

Swedbank AB purchased a new position in shares of Brunswick Corporation (NYSE:BC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 140,000 shares of the company’s stock, valued at approximately $10,394,000. Swedbank AB owned about 0.22% of Brunswick as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BC. American Century Companies Inc. boosted its position in Brunswick by 56.4% during the 3rd quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock worth $145,637,000 after acquiring an additional 830,451 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Brunswick by 70.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,700,164 shares of the company’s stock worth $107,518,000 after acquiring an additional 700,447 shares during the last quarter. AQR Capital Management LLC boosted its position in Brunswick by 812.7% during the 2nd quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock worth $38,934,000 after acquiring an additional 628,393 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Brunswick by 62.4% during the 3rd quarter. Marshall Wace LLP now owns 1,471,536 shares of the company’s stock worth $93,060,000 after purchasing an additional 565,459 shares in the last quarter. Finally, Interval Partners LP boosted its holdings in shares of Brunswick by 268.6% in the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock valued at $32,973,000 after buying an additional 379,937 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Stock Up 3.0%

BC opened at $83.35 on Wednesday. Brunswick Corporation has a 1-year low of $48.83 and a 1-year high of $90.25. The stock’s fifty day simple moving average is $76.90 and its 200 day simple moving average is $77.02. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13. The stock has a market cap of $5.42 billion, a PE ratio of -39.69 and a beta of 1.33.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the business earned $0.56 EPS. The firm’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. As a group, research analysts expect that Brunswick Corporation will post 4.29 earnings per share for the current year.

Brunswick Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, May 18th. Brunswick’s dividend payout ratio is -83.81%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on BC shares. Truist Financial increased their price objective on Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a report on Monday, April 27th. Robert W. Baird set a $85.00 price objective on Brunswick in a report on Friday, January 30th. Citigroup increased their price objective on Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Griffin Securities set a $76.00 price objective on Brunswick in a report on Monday, February 2nd. Finally, Benchmark increased their price objective on Brunswick from $75.00 to $90.00 and gave the company a “buy” rating in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $87.00.

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.