Brunswick Corporation (NYSE:BC) Receives $87.57 Consensus Price Target from Brokerages

Brunswick Corporation (NYSE:BC) has earned an average recommendation of “Hold” from the fifteen research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $88.00.

BC has been the subject of a number of recent research reports. Truist Financial lifted their target price on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a report on Monday, July 6th. DA Davidson restated a “neutral” rating and set a $76.00 price target on shares of Brunswick in a report on Monday, May 18th. William Blair set a $94.00 price target on Brunswick in a research report on Thursday. Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th.

Insider Buying and Selling

In related news, CEO David M. Foulkes sold 25,853 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 267,528 shares in the company, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.99% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Royal Bank of Canada raised its holdings in shares of Brunswick by 10.7% in the first quarter. Royal Bank of Canada now owns 149,000 shares of the company’s stock worth $8,024,000 after buying an additional 14,395 shares during the period. AQR Capital Management LLC boosted its holdings in Brunswick by 133.6% during the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company’s stock valued at $4,076,000 after acquiring an additional 44,228 shares during the period. Goldman Sachs Group Inc. grew its position in Brunswick by 142.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company’s stock valued at $18,659,000 after acquiring an additional 203,838 shares during the last quarter. United Services Automobile Association bought a new position in Brunswick in the 1st quarter valued at $214,000. Finally, Geneos Wealth Management Inc. increased its stake in Brunswick by 477.0% in the first quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after purchasing an additional 601 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick Stock Up 1.1%

Shares of NYSE:BC opened at $82.49 on Thursday. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08. Brunswick has a 12 month low of $58.56 and a 12 month high of $90.25. The company has a 50-day moving average price of $81.05 and a 200 day moving average price of $79.88. The company has a market cap of $5.35 billion, a price-to-earnings ratio of -62.97 and a beta of 1.33.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.19 by $0.37. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the business posted $0.90 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. 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, equities research analysts predict that Brunswick will post 4.54 earnings per share for the current year.

Brunswick Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.1%. Brunswick’s payout ratio is currently -134.35%.

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.