Brunswick (NYSE:BC) Price Target Raised to $86.00

Brunswick (NYSE:BC) had its target price raised by equities researchers at Morgan Stanley from $82.00 to $86.00 in a report issued on Tuesday, Marketbeat reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 14.45% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. DA Davidson reissued a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a research report on Monday. Truist Financial raised their target price on shares of Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Benchmark lifted their price target on shares of Brunswick from $75.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Wall Street Zen cut Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Griffin Securities set a $76.00 price objective on Brunswick in a report on Monday, February 2nd. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Brunswick presently has an average rating of “Hold” and an average price target of $87.00.

Brunswick Trading Down 1.7%

Shares of NYSE:BC traded down $1.33 during trading hours on Tuesday, hitting $75.15. 24,518 shares of the company’s stock traded hands, compared to its average volume of 918,041. The firm has a market capitalization of $4.88 billion, a P/E ratio of -35.46 and a beta of 1.33. The business has a fifty day moving average price of $75.86 and a 200-day moving average price of $76.47. Brunswick has a 1 year low of $48.83 and a 1 year high of $90.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.Brunswick’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period last year, the company earned $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. Equities analysts expect that Brunswick will post 4.25 earnings per share for the current year.

Hedge Funds Weigh In On Brunswick

Several institutional investors and hedge funds have recently bought and sold shares of BC. Summit Securities Group LLC acquired a new stake in shares of Brunswick in the 1st quarter worth $27,000. Farther Finance Advisors LLC boosted its holdings in Brunswick by 72.3% in the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $28,000 after acquiring an additional 159 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of Brunswick during the first quarter worth about $29,000. V Square Quantitative Management LLC acquired a new position in shares of Brunswick during the fourth quarter valued at about $30,000. Finally, Quarry LP raised 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 purchasing an additional 122 shares during the last quarter. 99.34% of the stock is owned by hedge funds and other 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.