Brunswick (NYSE:BC) Given “Neutral” Rating at DA Davidson

Brunswick (NYSE:BC)‘s stock had its “neutral” rating restated by analysts at DA Davidson in a research note issued on Monday,Benzinga reports. They presently have a $76.00 price objective on the stock. DA Davidson’s target price would indicate a potential downside of 8.37% from the company’s previous close.

A number of other research firms also recently weighed in on BC. Morgan Stanley lifted their price target on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. raised their price objective on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Truist Financial upped their target price on shares of Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Robert W. Baird set a $92.00 target price on Brunswick in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $88.00.

Brunswick Trading Up 0.3%

BC stock traded up $0.27 during midday trading on Monday, hitting $82.94. 208,950 shares of the company’s stock were exchanged, compared to its average volume of 828,451. Brunswick has a 1-year low of $58.56 and a 1-year high of $90.25. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $5.37 billion, a PE ratio of -63.31 and a beta of 1.33. The business has a 50-day simple moving average of $81.05 and a two-hundred day simple moving average of $79.84.

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 analysts’ consensus estimates of $1.19 by $0.37. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company 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, sell-side analysts predict that Brunswick will post 4.54 EPS for the current fiscal year.

Insider Activity at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of the 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 sale, the chief executive officer owned 267,528 shares in the company, valued at $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Brunswick

A number of hedge funds have recently added to or reduced their stakes in the stock. Quarry LP grew its position in shares of Brunswick by 38.4% in the 4th quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares during the period. First Horizon Corp raised its holdings in shares of Brunswick by 31.7% in the 4th quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after purchasing an additional 132 shares during the period. Verdence Capital Advisors LLC lifted its stake in Brunswick by 2.4% in the 4th quarter. Verdence Capital Advisors LLC now owns 6,783 shares of the company’s stock valued at $504,000 after purchasing an additional 156 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Brunswick by 72.3% during the fourth 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. Finally, NewEdge Advisors LLC grew its holdings in Brunswick by 15.2% during the third 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. 99.34% of the stock is currently owned by institutional investors.

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.