Brunswick’s (BC) Neutral Rating Reiterated at DA Davidson

Brunswick (NYSE:BC)‘s stock had its “neutral” rating reaffirmed by equities researchers at DA Davidson in a report issued on Monday,Benzinga reports. They currently have a $76.00 price target on the stock. DA Davidson’s target price points to a potential downside of 8.37% from the company’s previous close.

A number of other analysts also recently issued reports on BC. Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. William Blair set a $94.00 target price on shares of Brunswick in a report on Thursday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. Truist Financial boosted their price target on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, July 6th. Finally, JPMorgan Chase & Co. increased their price target on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Brunswick has a consensus rating of “Hold” and a consensus price target of $88.00.

Brunswick Stock Performance

BC traded up $0.27 on Monday, reaching $82.94. The company had a trading volume of 208,950 shares, compared to its average volume of 828,451. The stock has a market cap of $5.37 billion, a P/E ratio of -63.31 and a beta of 1.33. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.65 and a current ratio of 1.45. Brunswick has a fifty-two week low of $58.56 and a fifty-two week high of $90.25. The company’s fifty day moving average is $81.05 and its 200 day moving average is $79.84.

Brunswick (NYSE:BC) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the company posted $0.90 earnings per share. The business’s revenue was up 7.7% on a year-over-year basis. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. As a group, analysts predict that Brunswick will post 4.54 earnings per share for the current fiscal year.

Insider Transactions at Brunswick

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

Hedge Funds Weigh In On Brunswick

Several hedge funds and other institutional investors have recently modified their holdings of BC. Summit Securities Group LLC acquired a new stake in Brunswick in the first quarter valued at about $27,000. Farther Finance Advisors LLC raised its stake 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 in the last quarter. Millstone Evans Group LLC bought a new position in shares of Brunswick in the first quarter worth about $29,000. Quarry LP lifted its holdings in shares of Brunswick by 38.4% in 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 last quarter. Finally, First Horizon Corp boosted its stake in shares of Brunswick by 31.7% in the 4th quarter. First Horizon Corp now owns 548 shares of the company’s stock valued at $41,000 after purchasing an additional 132 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

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.