Simplicity Wealth LLC Invests $807,000 in Brunswick Corporation $BC

Simplicity Wealth LLC purchased a new stake in shares of Brunswick Corporation (NYSE:BC) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 9,577 shares of the company’s stock, valued at approximately $807,000.

A number of other hedge funds also recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new position in Brunswick in the first quarter worth $27,000. Farther Finance Advisors LLC lifted its holdings in shares of Brunswick by 72.3% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 159 shares during the period. Millstone Evans Group LLC acquired a new stake in shares of Brunswick during the 1st quarter worth approximately $29,000. Quarry LP grew its position in Brunswick by 38.4% during the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after buying an additional 122 shares during the period. Finally, Larson Financial Group LLC increased its stake in shares of Brunswick by 705.4% in the 3rd quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock valued at $38,000 after purchasing an additional 522 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. Morgan Stanley raised their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Robert W. Baird set a $92.00 target price on Brunswick in a research report on Friday, July 31st. William Blair set a $94.00 price target on shares of Brunswick in a research note on Thursday. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $88.00.

Brunswick Price Performance

Brunswick stock opened at $82.49 on Monday. Brunswick Corporation has a 52-week low of $58.56 and a 52-week high of $90.25. The firm has a market capitalization of $5.35 billion, a price-to-earnings ratio of -62.97 and a beta of 1.33. The company has a fifty day simple moving average of $81.05 and a 200-day simple moving average of $79.84. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.37. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the firm posted $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, equities analysts anticipate that Brunswick Corporation will post 4.54 EPS for the current fiscal year.

Brunswick Dividend Announcement

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

Insider Buying and Selling

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.99% of the company’s stock.

Brunswick 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.