Man Group plc Makes New $10.99 Million Investment in Brunswick Corporation $BC

Man Group plc acquired a new position in shares of Brunswick Corporation (NYSE:BC) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 130,437 shares of the company’s stock, valued at approximately $10,988,000. Man Group plc owned approximately 0.20% of Brunswick as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in BC. Summit Securities Group LLC acquired a new position in Brunswick in the first quarter valued at approximately $27,000. Farther Finance Advisors LLC increased its stake in Brunswick by 72.3% in the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 159 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in Brunswick during the first quarter worth approximately $29,000. Quarry LP raised its holdings in Brunswick by 38.4% during the fourth quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 122 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Brunswick by 705.4% during the 3rd quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock worth $38,000 after buying an additional 522 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Brunswick Price Performance

BC stock opened at $76.60 on Friday. The company has a market capitalization of $4.96 billion, a P/E ratio of -58.47 and a beta of 1.33. Brunswick Corporation has a twelve month low of $58.56 and a twelve month high of $90.25. The business has a 50 day simple moving average of $80.72 and a 200-day simple moving average of $79.57. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC) last announced its earnings results 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 business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. As a group, equities analysts anticipate that Brunswick Corporation will post 4.55 EPS for the current year.

Brunswick Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, August 20th. Brunswick’s dividend payout ratio (DPR) is presently -134.35%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. William Blair set a $94.00 price target on shares of Brunswick in a research note on Thursday, August 13th. Truist Financial boosted their price target on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research note on Friday, July 31st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $88.00.

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.