Versor Investments LP acquired a new position in Brunswick Corporation (NYSE:BC – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 8,852 shares of the company’s stock, valued at approximately $657,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. First Horizon Corp grew its holdings in Brunswick by 31.7% during the 4th quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after buying an additional 132 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in Brunswick by 2.4% during the 4th quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock valued at $504,000 after buying an additional 156 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Brunswick by 72.3% during 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 in the last quarter. Jones Financial Companies Lllp grew its holdings in Brunswick by 50.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock valued at $31,000 after buying an additional 166 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Brunswick by 15.2% during the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock valued at $84,000 after buying an additional 176 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the company. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Citigroup lifted their target price on Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. lifted their target price on Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. B. Riley Financial reaffirmed a “neutral” rating and set a $80.00 target price (up from $70.00) on shares of Brunswick in a report on Friday, January 30th. Finally, Roth Mkm reiterated a “buy” rating and set a $94.00 price target (up from $79.00) on shares of Brunswick in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $86.71.
Brunswick Stock Performance
Shares of BC opened at $78.19 on Thursday. The company has a market cap of $5.08 billion, a PE ratio of -37.23 and a beta of 1.33. 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 stock has a 50-day moving average price of $75.81 and a 200-day moving average price of $76.33. Brunswick Corporation has a 12-month low of $48.83 and a 12-month high of $90.25.
Brunswick (NYSE:BC – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The company’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the company posted $0.56 EPS. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, equities analysts forecast that Brunswick Corporation will post 4.25 earnings per share for the current fiscal year.
Brunswick Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, May 18th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Monday, May 18th. Brunswick’s dividend payout ratio (DPR) is -83.81%.
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.
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