Quantum Portfolio Management LLC Purchases New Stake in Brunswick Corporation $BC

Quantum Portfolio Management LLC acquired a new position in shares of Brunswick Corporation (NYSE:BC) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,201 shares of the company’s stock, valued at approximately $742,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in shares of Brunswick by 10.7% in the 1st quarter. Royal Bank of Canada now owns 149,000 shares of the company’s stock valued at $8,024,000 after acquiring an additional 14,395 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Brunswick by 133.6% during the first quarter. AQR Capital Management LLC now owns 77,326 shares of the company’s stock valued at $4,076,000 after acquiring an additional 44,228 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Brunswick by 142.9% in the first quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company’s stock valued at $18,659,000 after purchasing an additional 203,838 shares during the period. United Services Automobile Association acquired a new stake in Brunswick in the 1st quarter valued at approximately $214,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Brunswick by 477.0% in the first quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after purchasing an additional 601 shares in the last quarter. 99.34% of the stock is owned by institutional investors.

Insider Activity at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. This trade represents a 8.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.99% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BC has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. DA Davidson reaffirmed a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a research note on Monday, May 18th. Truist Financial raised their price objective on shares of Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. raised their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $87.07.

Brunswick Price Performance

Shares of NYSE:BC opened at $75.46 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.62 and a debt-to-equity ratio of 1.13. Brunswick Corporation has a 1 year low of $55.60 and a 1 year high of $90.25. The business has a fifty day simple moving average of $80.99 and a 200 day simple moving average of $80.12. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of -35.93 and a beta of 1.33.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, April 30th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 earnings per share. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, sell-side analysts predict that Brunswick Corporation will post 4.31 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, May 18th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, May 18th. Brunswick’s payout ratio is currently -83.81%.

About Brunswick

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.