Empowered Funds LLC Purchases Shares of 23,973 Brunswick Corporation $BC

Empowered Funds LLC acquired a new stake in Brunswick Corporation (NYSE:BC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,973 shares of the company’s stock, valued at approximately $2,019,000.

A number of other hedge funds have also recently made changes to their positions in the business. Quarry LP raised its stake in Brunswick by 38.4% during the 4th quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after purchasing an additional 122 shares during the period. First Horizon Corp lifted its holdings in Brunswick by 27.9% in the 1st quarter. First Horizon Corp now owns 701 shares of the company’s stock worth $51,000 after purchasing an additional 153 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Brunswick by 72.3% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after purchasing an additional 159 shares during the period. NewEdge Advisors LLC boosted its stake in Brunswick by 15.2% in the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock worth $84,000 after purchasing an additional 176 shares during the period. Finally, First Citizens Bank & Trust Co. grew its holdings in Brunswick by 2.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 8,517 shares of the company’s stock valued at $632,000 after buying an additional 187 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on BC. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research report on Friday, July 31st. DA Davidson restated a “neutral” rating and set a $76.00 target price on shares of Brunswick in a research report on Monday, August 17th. Truist Financial raised their target price on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, July 6th. William Blair set a $94.00 price target on shares of Brunswick in a report on Thursday, August 13th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Brunswick has an average rating of “Moderate Buy” and a consensus target price of $88.00.

Brunswick Stock Performance

NYSE BC opened at $72.52 on Friday. The stock has a market capitalization of $4.70 billion, a PE ratio of -55.36 and a beta of 1.34. The business has a 50 day simple moving average of $79.94 and a two-hundred day simple moving average of $79.16. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. Brunswick Corporation has a 1-year low of $58.56 and a 1-year high of $90.25.

Brunswick (NYSE:BC) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.37. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.90 EPS. 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, research analysts predict that Brunswick Corporation will post 4.55 EPS for the current fiscal year.

Brunswick Announces Dividend

The firm 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 yield of 2.4%. Brunswick’s dividend payout ratio is presently -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.