Truist Financial Forecasts Strong Price Appreciation for Brunswick (NYSE:BC) Stock

Brunswick (NYSE:BC) had its price target lifted by equities researchers at Truist Financial from $93.00 to $94.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s target price indicates a potential upside of 18.73% from the stock’s previous close.

Several other equities research analysts also recently commented on the company. Morgan Stanley boosted their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. Texas Capital raised shares of Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. boosted their price target on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Finally, Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.07.

Brunswick Trading Up 0.1%

Shares of BC stock opened at $79.17 on Monday. Brunswick has a fifty-two week low of $55.60 and a fifty-two week high of $90.25. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. The stock has a 50 day simple moving average of $81.14 and a two-hundred day simple moving average of $80.07. The company has a market cap of $5.14 billion, a P/E ratio of -37.70 and a beta of 1.33.

Brunswick (NYSE:BC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the business earned $0.56 earnings per share. The business’s quarterly 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. Research analysts forecast that Brunswick will post 4.28 earnings per share for the current year.

Insider Transactions at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.99% of the company’s stock.

Institutional Inflows and Outflows

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

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.