140,000 Shares in Brunswick Corporation $BC Bought by Swedbank AB

Swedbank AB acquired a new position in shares of Brunswick Corporation (NYSE:BC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 140,000 shares of the company’s stock, valued at approximately $10,394,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Brunswick by 72.3% during 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 during the period. V Square Quantitative Management LLC acquired a new position in Brunswick during the fourth quarter worth $30,000. First Horizon Corp acquired a new position in Brunswick during the third quarter worth $26,000. Jones Financial Companies Lllp grew its holdings in Brunswick by 50.6% during the third quarter. Jones Financial Companies Lllp now owns 494 shares of the company’s stock worth $31,000 after acquiring an additional 166 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Brunswick during the third quarter worth $37,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Brunswick Stock Up 1.0%

BC opened at $81.62 on Friday. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. The firm has a market cap of $5.31 billion, a P/E ratio of -38.87 and a beta of 1.33. Brunswick Corporation has a 52 week low of $47.82 and a 52 week high of $90.25. The business’s fifty day simple moving average is $75.92 and its 200 day simple moving average is $75.96.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The business had revenue of $1.38 billion for 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%.The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, equities research analysts anticipate that Brunswick Corporation will post 4.24 EPS for the current fiscal year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, May 18th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.2%. Brunswick’s dividend payout ratio (DPR) is presently -83.81%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Roth Mkm reaffirmed a “buy” rating and set a $94.00 price objective (up from $79.00) on shares of Brunswick in a report on Friday, January 30th. Morgan Stanley set a $82.00 target price on Brunswick in a report on Tuesday, February 17th. JPMorgan Chase & Co. upped their target price on Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Truist Financial upped their target price on Brunswick from $92.00 to $93.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, Griffin Securities set a $76.00 target price on Brunswick in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $86.71.

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.