Brunswick (NYSE:BC – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.350-4.750 for the period, compared to the consensus estimate of 4.260. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.7 billion. Brunswick also updated its Q3 2026 guidance to 1.200-1.400 EPS.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on BC shares. DA Davidson reiterated a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a research report on Monday, May 18th. JPMorgan Chase & Co. increased their price objective on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Truist Financial boosted their price objective on shares of 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 report on Wednesday, June 24th. Finally, Morgan Stanley raised their target price on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $87.07.
Read Our Latest Stock Analysis on Brunswick
Brunswick Stock Down 1.9%
Brunswick (NYSE:BC – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Analysts predict that Brunswick will post 4.31 EPS for the current fiscal year.
Brunswick Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. Brunswick’s dividend payout ratio is -83.81%.
Insider Activity at Brunswick
In related news, CEO David M. Foulkes sold 25,853 shares of the firm’s 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 in the company, valued at $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.99% of the company’s stock.
Hedge Funds Weigh In On Brunswick
Large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Brunswick by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,848,415 shares of the company’s stock worth $211,469,000 after purchasing an additional 98,972 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Brunswick by 30.6% during the fourth quarter. Marshall Wace LLP now owns 1,921,479 shares of the company’s stock valued at $142,651,000 after buying an additional 449,943 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Brunswick by 23.2% in the second quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company’s stock worth $78,492,000 after buying an additional 267,479 shares during the period. Channing Capital Management LLC raised its holdings in shares of Brunswick by 5.3% in the fourth quarter. Channing Capital Management LLC now owns 1,244,528 shares of the company’s stock worth $92,394,000 after buying an additional 62,202 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Brunswick by 36.4% during the 4th quarter. AQR Capital Management LLC now owns 1,194,295 shares of the company’s stock worth $88,664,000 after acquiring an additional 318,465 shares during the last quarter. 99.34% of the stock is 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.
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