Brunswick (NYSE:BC) Updates FY 2026 Earnings Guidance

Brunswick (NYSE:BC) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.350-4.750 for the period, compared to the consensus earnings per share estimate of 4.260. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.7 billion. Brunswick also updated its Q3 2026 guidance to 1.200-1.400 EPS.

Analyst Ratings Changes

Several brokerages have recently issued reports on BC. Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. Truist Financial upped their target price on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, July 6th. DA Davidson reaffirmed a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a research note on Monday, May 18th. Finally, Morgan Stanley boosted their price target on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $87.07.

Brunswick Stock Down 0.9%

Shares of NYSE:BC traded down $0.69 during trading on Thursday, hitting $79.77. 1,307,380 shares of the company’s stock traded hands, compared to its average volume of 845,486. 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 company has a 50-day moving average price of $81.28 and a 200-day moving average price of $80.36. Brunswick has a 52 week low of $55.60 and a 52 week high of $90.25. The company has a market cap of $5.18 billion, a price-to-earnings ratio of -37.98 and a beta of 1.33.

Brunswick (NYSE:BC) last released its earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.During the same quarter in the previous year, the firm posted $0.90 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. As a group, research analysts forecast that Brunswick will post 4.31 EPS for the current fiscal year.

Brunswick Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 20th. Brunswick’s dividend payout ratio is -83.81%.

Insider Transactions at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the completion of the transaction, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.99% of the company’s stock.

Brunswick News Summary

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Second-quarter results beat expectations: Brunswick reported adjusted diluted EPS of $1.56, above the approximately $1.19-$1.20 consensus estimate. Revenue rose 7.7% year over year to $1.56 billion, while GAAP net earnings increased 85% to $109.8 million. Brunswick Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based sales growth: Propulsion sales increased 7.7%, Engine Parts and Accessories rose 8.9%, Navico Group grew 6.7%, and Boat sales advanced 4.6%, indicating continued demand across Brunswick’s marine businesses. Brunswick Q2 Net Sales Rise 8 Percent
• Positive Sentiment: Full-year outlook increased: Brunswick raised 2026 adjusted EPS guidance to $4.35-$4.75, above the $4.26 analyst consensus, and expects $5.7-$5.8 billion in revenue plus at least $400 million in free cash flow. Brunswick Earnings Results
• Negative Sentiment: Third-quarter guidance missed expectations: The company forecast adjusted EPS of $1.20-$1.40 and revenue of $1.4-$1.5 billion, below consensus estimates of $1.45 EPS and $1.5 billion revenue. The cautious near-term outlook likely outweighed the quarterly beat and full-year guidance increase. Brunswick Q2 2026 Results Presentation
• Neutral Sentiment: Investors remain exposed to discretionary-spending risks, including high interest rates, tariffs, dealer inventory adjustments, supply-chain pressures, and transportation costs.

Institutional Investors Weigh In On Brunswick

A number of institutional investors have recently made changes to their positions in BC. Invesco Ltd. lifted its holdings in Brunswick by 381.4% during the 4th quarter. Invesco Ltd. now owns 765,651 shares of the company’s stock worth $56,842,000 after purchasing an additional 606,618 shares during the last quarter. Corient Private Wealth LLC increased its position in Brunswick by 45.0% during the 4th quarter. Corient Private Wealth LLC now owns 11,730 shares of the company’s stock worth $871,000 after buying an additional 3,640 shares during the period. Mercer Global Advisors Inc. ADV increased its position in Brunswick by 13.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,342 shares of the company’s stock worth $2,327,000 after buying an additional 3,763 shares during the period. Vident Advisory LLC acquired a new stake in shares of Brunswick during the fourth quarter worth $206,000. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of Brunswick by 2.2% during the fourth quarter. First Citizens Bank & Trust Co. now owns 8,517 shares of the company’s stock worth $632,000 after buying an additional 187 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

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.