Markel Group Inc. Buys 14,250 Shares of Brunswick Corporation $BC

Markel Group Inc. raised its stake in Brunswick Corporation (NYSE:BCFree Report) by 42.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,750 shares of the company’s stock after acquiring an additional 14,250 shares during the quarter. Markel Group Inc. owned approximately 0.07% of Brunswick worth $3,545,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BC. American Century Companies Inc. increased its stake in shares of Brunswick by 56.4% in the third quarter. American Century Companies Inc. now owns 2,302,918 shares of the company’s stock valued at $145,637,000 after buying an additional 830,451 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Brunswick by 70.1% in the third quarter. Bank of New York Mellon Corp now owns 1,700,164 shares of the company’s stock valued at $107,518,000 after buying an additional 700,447 shares during the period. AQR Capital Management LLC increased its stake in shares of Brunswick by 812.7% in the second 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 period. Marshall Wace LLP increased its stake in shares of Brunswick by 62.4% in the third quarter. Marshall Wace LLP now owns 1,471,536 shares of the company’s stock valued at $93,060,000 after buying an additional 565,459 shares during the period. Finally, Interval Partners LP increased its stake in shares of Brunswick by 268.6% in the third quarter. Interval Partners LP now owns 521,401 shares of the company’s stock valued at $32,973,000 after buying an additional 379,937 shares during the period. Institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on BC shares. Griffin Securities set a $76.00 price objective on Brunswick in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Brunswick in a research note on Friday, March 27th. Roth Mkm reaffirmed a “buy” rating and issued a $94.00 price objective (up from $79.00) on shares of Brunswick in a research note on Friday, January 30th. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Finally, Morgan Stanley upped their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $87.00.

Read Our Latest Report on Brunswick

Brunswick Stock Performance

NYSE:BC opened at $80.95 on Friday. The company has a market capitalization of $5.26 billion, a PE ratio of -38.55 and a beta of 1.33. The company has a 50 day simple moving average of $76.37 and a two-hundred day simple moving average of $76.71. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. Brunswick Corporation has a fifty-two week low of $48.83 and a fifty-two week high of $90.25.

Brunswick (NYSE:BCGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.56 EPS. 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 anticipate that Brunswick Corporation will post 4.29 earnings per share for the current year.

Brunswick Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, May 18th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, May 18th. Brunswick’s dividend payout ratio is currently -83.81%.

Brunswick Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Brunswick (NYSE:BC)

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