Hsbc Holdings PLC Has $2.68 Million Position in Brunswick Corporation $BC

Hsbc Holdings PLC grew its stake in Brunswick Corporation (NYSE:BC) by 32.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 35,979 shares of the company’s stock after acquiring an additional 8,733 shares during the period. Hsbc Holdings PLC’s holdings in Brunswick were worth $2,677,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in Brunswick by 72.3% during the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after acquiring an additional 159 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in Brunswick in the fourth quarter valued at approximately $30,000. Quarry LP increased its stake in Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after purchasing an additional 122 shares in the last quarter. Larson Financial Group LLC raised its holdings in Brunswick by 705.4% in the third quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock worth $38,000 after purchasing an additional 522 shares during the period. Finally, Danske Bank A S bought a new position in shares of Brunswick during the third quarter worth $38,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Brunswick Stock Performance

BC opened at $86.93 on Monday. The company has a market capitalization of $5.65 billion, a price-to-earnings ratio of -41.40 and a beta of 1.33. The business’s 50-day moving average price is $81.06 and its two-hundred day moving average price is $79.79. Brunswick Corporation has a 1 year low of $54.72 and a 1 year high of $90.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $0.56 EPS. The business’s quarterly revenue 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. Equities analysts expect that Brunswick Corporation will post 4.28 EPS for the current fiscal year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, May 18th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, May 18th. Brunswick’s dividend payout ratio (DPR) is currently -83.81%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Texas Capital raised shares of Brunswick from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. DA Davidson reiterated a “neutral” rating and set a $76.00 target price on shares of Brunswick in a report on Monday, May 18th. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a report on Wednesday. Finally, Truist Financial raised their price target on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. One equities research 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 currently has a consensus rating of “Hold” and an average target price of $87.00.

Insider Buying and Selling at Brunswick

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the sale, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.99% of the stock is 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.