Royce & Associates LP Buys 115,833 Shares of Brunswick Corporation $BC

Royce & Associates LP lifted its stake in Brunswick Corporation (NYSE:BC) by 29.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 513,978 shares of the company’s stock after buying an additional 115,833 shares during the period. Royce & Associates LP owned approximately 0.79% of Brunswick worth $38,158,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Cary Street Partners Financial LLC boosted its stake in shares of Brunswick by 80.3% in the fourth quarter. Cary Street Partners Financial LLC now owns 8,960 shares of the company’s stock valued at $665,000 after buying an additional 3,990 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of Brunswick by 35.7% in the fourth quarter. Hantz Financial Services Inc. now owns 22,296 shares of the company’s stock valued at $1,655,000 after buying an additional 5,862 shares during the period. Swedbank AB bought a new stake in shares of Brunswick in the fourth quarter valued at approximately $10,394,000. Jefferies Financial Group Inc. bought a new stake in shares of Brunswick in the fourth quarter valued at approximately $850,000. Finally, Markel Group Inc. boosted its stake in shares of Brunswick by 42.5% in the fourth quarter. Markel Group Inc. now owns 47,750 shares of the company’s stock valued at $3,545,000 after buying an additional 14,250 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BC has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Friday, March 27th. Truist Financial boosted their price target on Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Monday, April 27th. 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. Citigroup boosted their price objective on shares of Brunswick from $100.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Finally, Morgan Stanley boosted their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Brunswick has a consensus rating of “Hold” and a consensus target price of $87.00.

Brunswick Stock Down 0.0%

Shares of BC opened at $80.95 on Tuesday. Brunswick Corporation has a one year low of $48.83 and a one year high of $90.25. The company has a market cap of $5.26 billion, a P/E ratio of -38.55 and a beta of 1.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62. The firm has a 50 day simple moving average of $76.61 and a two-hundred day simple moving average of $76.90.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 EPS for the quarter, beating 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 business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the business earned $0.56 earnings per share. The company’s 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. Research analysts forecast that Brunswick Corporation will post 4.29 EPS for the current fiscal year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, May 18th will be issued a dividend of $0.44 per share. The ex-dividend date is Monday, May 18th. This represents a $1.76 annualized dividend and a dividend yield of 2.2%. Brunswick’s dividend payout ratio is -83.81%.

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.