Cwm LLC Acquires 36,025 Shares of Brunswick Corporation $BC

Cwm LLC boosted its holdings in Brunswick Corporation (NYSE:BC) by 2,045.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,786 shares of the company’s stock after acquiring an additional 36,025 shares during the quarter. Cwm LLC’s holdings in Brunswick were worth $2,087,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BC. Massachusetts Financial Services Co. MA boosted its holdings in shares of Brunswick by 17.7% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,439,526 shares of the company’s stock worth $185,218,000 after purchasing an additional 516,970 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Brunswick by 20.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,504,407 shares of the company’s stock worth $134,857,000 after purchasing an additional 420,369 shares in the last quarter. Channing Capital Management LLC boosted its holdings in shares of Brunswick by 11.1% in the 1st quarter. Channing Capital Management LLC now owns 1,138,737 shares of the company’s stock worth $61,321,000 after purchasing an additional 113,614 shares in the last quarter. Copeland Capital Management LLC boosted its holdings in shares of Brunswick by 11.9% in the 2nd quarter. Copeland Capital Management LLC now owns 1,008,883 shares of the company’s stock worth $55,731,000 after purchasing an additional 107,429 shares in the last quarter. Finally, Van Berkom & Associates Inc. boosted its holdings in shares of Brunswick by 19.2% in the 1st quarter. Van Berkom & Associates Inc. now owns 971,648 shares of the company’s stock worth $52,323,000 after purchasing an additional 156,816 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors.

Brunswick Trading Up 2.2%

Shares of BC stock opened at $63.91 on Monday. The stock has a market capitalization of $4.18 billion, a PE ratio of 103.08 and a beta of 1.36. Brunswick Corporation has a 1-year low of $41.00 and a 1-year high of $87.65. The business has a 50-day moving average of $63.75 and a 200 day moving average of $56.84. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.68 and a quick ratio of 0.70.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, July 24th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.27. Brunswick had a return on equity of 10.73% and a net margin of 0.82%.The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same period in the prior year, the business posted $1.80 EPS. Brunswick’s quarterly revenue was up .2% compared to the same quarter last year. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. As a group, sell-side analysts anticipate that Brunswick Corporation will post 4.19 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BC has been the subject of a number of research reports. B. Riley upped their price objective on Brunswick from $60.00 to $70.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Roth Capital upped their price objective on Brunswick from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Wall Street Zen upgraded Brunswick from a “hold” rating to a “buy” rating in a report on Monday, September 15th. DA Davidson increased their target price on Brunswick from $43.00 to $59.00 and gave the company a “neutral” rating in a report on Monday, July 28th. Finally, JPMorgan Chase & Co. increased their target price on Brunswick from $63.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. Seven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Brunswick currently has an average rating of “Hold” and an average price target of $67.62.

Brunswick Profile

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.