Capstone Investment Advisors LLC Buys New Shares in Brunswick Corporation $BC

Capstone Investment Advisors LLC bought a new stake in Brunswick Corporation (NYSE:BC) in the second quarter, HoldingsChannel reports. The fund bought 9,126 shares of the company’s stock, valued at approximately $769,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Summit Securities Group LLC bought a new stake in Brunswick during the 1st quarter worth about $27,000. Farther Finance Advisors LLC grew 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 acquiring an additional 159 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of Brunswick in the 1st quarter valued at about $29,000. Quarry LP increased its position in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Brunswick in the second quarter valued at about $47,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BC shares. William Blair set a $94.00 price target on Brunswick in a research report on Thursday, August 13th. Morgan Stanley upped their price objective on Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Truist Financial increased their price objective on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. Finally, Robert W. Baird set a $92.00 target price on shares of Brunswick in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $88.00.

Brunswick Price Performance

NYSE:BC opened at $76.60 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08. The stock’s 50 day moving average price is $80.72 and its two-hundred day moving average price is $79.57. The firm has a market capitalization of $4.96 billion, a price-to-earnings ratio of -58.47 and a beta of 1.33. Brunswick Corporation has a 12-month low of $58.56 and a 12-month high of $90.25.

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

Brunswick Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 annualized dividend and a yield of 2.3%. Brunswick’s dividend payout ratio (DPR) is currently -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.