Brunswick Corporation (NYSE:BC) Receives $88.00 Average Target Price from Brokerages

Shares of Brunswick Corporation (NYSE:BC) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $88.00.

Several analysts have issued reports on the stock. William Blair set a $94.00 price target on shares of Brunswick in a research report on Thursday, August 13th. Truist Financial boosted their price objective on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. DA Davidson reissued a “neutral” rating and set a $76.00 price target on shares of Brunswick in a research report on Monday, August 17th. Finally, Robert W. Baird set a $92.00 price target on shares of Brunswick in a report on Friday, July 31st.

Brunswick Stock Down 1.3%

Shares of BC opened at $70.99 on Monday. Brunswick has a 1 year low of $58.56 and a 1 year high of $90.25. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The stock has a 50 day simple moving average of $79.00 and a two-hundred day simple moving average of $78.75. The firm has a market cap of $4.60 billion, a P/E ratio of -54.19 and a beta of 1.34.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.37. The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior 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, analysts forecast that Brunswick will post 4.55 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 annualized dividend and a dividend yield of 2.5%. Brunswick’s dividend payout ratio (DPR) is presently -134.35%.

Institutional Investors Weigh In On Brunswick

Several institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Brunswick during the 2nd quarter valued at $568,461,000. California State Teachers Retirement System increased its stake in shares of Brunswick by 7,860.0% in the 2nd quarter. California State Teachers Retirement System now owns 6,260,717 shares of the company’s stock worth $527,403,000 after acquiring an additional 6,182,065 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in Brunswick during the 2nd quarter valued at about $101,201,000. Bank of America Corp DE lifted its position in Brunswick by 296.1% during the 1st quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock valued at $63,474,000 after acquiring an additional 652,136 shares during the period. Finally, Norges Bank bought a new stake in Brunswick during the fourth quarter worth about $46,665,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

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.