Quantum Portfolio Management LLC Purchases New Position in Brunswick Corporation $BC

Quantum Portfolio Management LLC acquired a new position in shares of Brunswick Corporation (NYSE:BC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 10,201 shares of the company’s stock, valued at approximately $742,000.

Several other large investors also recently bought and sold shares of BC. Perbak Capital Partners LLP purchased a new position in Brunswick during the 3rd quarter worth approximately $1,339,000. Interval Partners LP increased its holdings in shares of Brunswick by 268.6% in the 3rd quarter. Interval Partners LP now owns 521,401 shares of the company’s stock valued at $32,973,000 after acquiring an additional 379,937 shares during the period. Swedbank AB acquired a new stake in Brunswick during the 4th quarter worth $10,394,000. Massachusetts Financial Services Co. MA increased its stake in Brunswick by 2.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,572,892 shares of the company’s stock valued at $265,252,000 after purchasing an additional 78,228 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Brunswick by 9.4% during the third quarter. Russell Investments Group Ltd. now owns 395,498 shares of the company’s stock worth $25,020,000 after buying an additional 33,897 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Stock Down 2.4%

Shares of NYSE BC opened at $75.46 on Thursday. 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 Corporation has a 12-month low of $55.60 and a 12-month high of $90.25. The company has a market capitalization of $4.90 billion, a PE ratio of -35.93 and a beta of 1.33. The firm’s 50-day moving average is $80.99 and its two-hundred day moving average is $80.12.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the business posted $0.56 earnings per share. Brunswick’s revenue was up 12.8% compared to the same quarter last year. 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 anticipate that Brunswick Corporation will post 4.31 EPS for the current fiscal year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, May 18th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, May 18th. Brunswick’s dividend payout ratio is presently -83.81%.

Insider Activity at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the transaction, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at $22,236,927.36. The trade was a 8.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.99% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Truist Financial lifted their target price on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. Morgan Stanley raised 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. DA Davidson reaffirmed a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. increased their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Brunswick currently has an average rating of “Hold” and a consensus target price of $87.07.

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.