EFG International AG Invests $943,000 in Brunswick Corporation $BC

EFG International AG purchased a new position in shares of Brunswick Corporation (NYSE:BC) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 11,195 shares of the company’s stock, valued at approximately $943,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BC. BlackRock Inc. acquired a new stake in Brunswick during the 2nd quarter worth approximately $568,461,000. Bank of New York Mellon Corp purchased a new stake in shares of Brunswick during the second quarter worth approximately $101,201,000. Bank of America Corp DE raised its stake in shares of Brunswick by 296.1% during the first quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock worth $63,474,000 after purchasing an additional 652,136 shares during the last quarter. Norges Bank acquired a new stake in shares of Brunswick during the fourth quarter worth $46,665,000. Finally, AQR Capital Management LLC grew its position in Brunswick by 812.7% in the 2nd quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock valued at $38,934,000 after buying an additional 628,393 shares during the last quarter. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Price Performance

Brunswick stock opened at $79.92 on Thursday. Brunswick Corporation has a one year low of $58.56 and a one year high of $90.25. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.65 and a current ratio of 1.45. The business has a fifty day moving average of $80.97 and a two-hundred day moving average of $79.67. The company has a market cap of $5.18 billion, a P/E ratio of -61.01 and a beta of 1.33.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The business had revenue of $1.56 billion for 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 business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, analysts predict that Brunswick Corporation will post 4.55 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The business also recently announced 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. This represents a $1.76 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, August 20th. Brunswick’s dividend payout ratio is presently -134.35%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BC. Morgan Stanley boosted their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. DA Davidson reaffirmed a “neutral” rating and issued a $76.00 target price on shares of Brunswick in a report on Monday, August 17th. Robert W. Baird set a $92.00 price target on shares of Brunswick in a research note on Friday, July 31st. William Blair set a $94.00 price target on shares of Brunswick in a report on Thursday, August 13th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Brunswick presently has a consensus rating of “Moderate Buy” and an average price target of $88.00.

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.