Vanguard Group Inc. Lowers Position in Brunswick Corporation $BC

Vanguard Group Inc. trimmed its holdings in shares of Brunswick Corporation (NYSE:BC) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,759,638 shares of the company’s stock after selling 138,137 shares during the quarter. Vanguard Group Inc. owned 0.10% of Brunswick worth $501,836,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on BC. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. 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. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Friday, March 27th. Roth Mkm reissued a “buy” rating and set a $94.00 price objective (up from $79.00) on shares of Brunswick in a report on Friday, January 30th. Finally, DA Davidson increased their price objective on Brunswick from $68.00 to $76.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Brunswick currently has an average rating of “Hold” and a consensus target price of $86.71.

Brunswick Price Performance

NYSE:BC opened at $78.49 on Wednesday. The firm has a market capitalization of $5.11 billion, a price-to-earnings ratio of -37.38 and a beta of 1.33. Brunswick Corporation has a 52-week low of $45.44 and a 52-week high of $90.25. The stock has a fifty day moving average of $76.02 and a 200 day moving average of $75.71. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.24. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The firm’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. On average, research analysts expect that Brunswick Corporation will post 4.24 EPS for the current fiscal year.

Brunswick Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.76 annualized dividend and a yield of 2.2%. Brunswick’s dividend payout ratio (DPR) is currently -83.81%.

Insider Buying and Selling at Brunswick

In related news, VP Christopher F. Dekker sold 4,981 shares of Brunswick stock in a transaction on Friday, February 6th. The stock was sold at an average price of $87.38, for a total transaction of $435,239.78. Following the completion of the sale, the vice president owned 39,740 shares of the company’s stock, valued at approximately $3,472,481.20. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David M. Foulkes sold 38,266 shares of Brunswick stock in a transaction 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 sale, the chief executive officer directly owned 271,169 shares of the company’s stock, valued at $23,472,388.64. This represents a 12.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.99% of the stock is currently owned by company insiders.

About Brunswick

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.