LSV Asset Management Reduces Holdings in Brunswick Corporation $BC

LSV Asset Management cut its position in Brunswick Corporation (NYSE:BC) by 33.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 186,900 shares of the company’s stock after selling 93,600 shares during the quarter. LSV Asset Management’s holdings in Brunswick were worth $11,820,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BC. Oppenheimer Asset Management Inc. boosted its holdings in shares of Brunswick by 86.5% in the third quarter. Oppenheimer Asset Management Inc. now owns 69,760 shares of the company’s stock valued at $4,412,000 after acquiring an additional 32,350 shares during the period. Smartleaf Asset Management LLC raised its position in Brunswick by 242.9% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,992 shares of the company’s stock valued at $128,000 after purchasing an additional 1,411 shares during the last quarter. Savant Capital LLC boosted its stake in Brunswick by 1.9% during the 3rd quarter. Savant Capital LLC now owns 22,930 shares of the company’s stock worth $1,450,000 after purchasing an additional 420 shares during the period. Envestnet Asset Management Inc. grew its position in Brunswick by 7.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 256,173 shares of the company’s stock worth $16,200,000 after purchasing an additional 18,390 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its stake in Brunswick by 73.1% in the third quarter. Hantz Financial Services Inc. now owns 16,434 shares of the company’s stock valued at $1,039,000 after purchasing an additional 6,939 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Benchmark boosted their price target on Brunswick from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Seaport Research Partners raised Brunswick to a “strong-buy” rating in a report on Monday, December 8th. Robert W. Baird set a $85.00 price target on Brunswick in a research note on Friday, January 30th. Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a research report on Sunday, December 7th. Finally, Roth Mkm restated a “buy” rating and set a $94.00 price objective (up previously from $79.00) on shares of Brunswick in a research report on Friday, January 30th. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Brunswick presently has a consensus rating of “Hold” and a consensus target price of $83.93.

Insider Buying and Selling

In related news, CEO David M. Foulkes sold 38,266 shares of Brunswick stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $86.56, for a total transaction of $3,312,304.96. Following the completion of the transaction, the chief executive officer directly owned 271,169 shares of the company’s stock, valued at approximately $23,472,388.64. The trade was a 12.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Christopher F. Dekker sold 4,981 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $87.38, for a total value of $435,239.78. Following the completion of the sale, the vice president directly owned 39,740 shares in the company, valued at $3,472,481.20. This trade represents a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.81% of the stock is currently owned by company insiders.

Key Headlines Impacting Brunswick

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Q4 top-line beat and margin improvement — Revenue rose ~15.5% YoY to $1.33B and gross profit expanded, supporting confidence in demand across Brunswick’s marine businesses. Brunswick Q4 results (QuiverQuant)
• Positive Sentiment: Dividend increase signals cash-return commitment — Board declared a $0.44 quarterly dividend (14th consecutive year of increases), which can attract income-oriented investors and supports sentiment. Dividend release (GlobeNewswire)
• Positive Sentiment: Street support from recent analyst buy/outperform ratings adds upside conviction — Several firms (Benchmark, Citigroup, BMO, Truist) have issued positive ratings in recent months. Analyst coverage summary (QuiverQuant)
• Neutral Sentiment: Mixed price targets and valuations — Analyst targets range widely (median ~$75.5, several well above and below), leaving room for differing views on upside from current levels. Price target data (QuiverQuant)
• Neutral Sentiment: Institutional activity is mixed — Recent filings show both large additions and large reductions by major funds, suggesting divergent positioning among large holders. Hedge fund & institutional moves (QuiverQuant)
• Negative Sentiment: Profitability weakened materially — Despite revenue growth, operating profit and net income fell sharply year-over-year (operating profit down ~175%; net income down ~123%), raising questions about cost leverage and short-term margin pressure. Earnings detail (QuiverQuant)
• Negative Sentiment: Recent insider selling — Executives including the CEO sold shares in the past six months, which investors may view as a mild negative signal about near-term insider conviction. Insider transactions (QuiverQuant)
• Negative Sentiment: Third‑party bearish commentary — A recent “3 reasons to sell BC” piece highlights concerns that could pressure sentiment if amplified by media/analysts. Sell thesis (MSN)

Brunswick Trading Up 1.1%

NYSE:BC opened at $87.09 on Friday. Brunswick Corporation has a 1 year low of $41.00 and a 1 year high of $89.61. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.61 and a current ratio of 1.44. The stock has a fifty day moving average price of $81.40 and a two-hundred day moving average price of $70.18. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of -41.08 and a beta of 1.39.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, January 29th. The company reported $0.58 EPS for the quarter, hitting the consensus estimate of $0.58. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.21 billion. Brunswick had a negative net margin of 2.56% and a positive return on equity of 12.22%. The business’s revenue was up 15.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS. As a group, sell-side analysts anticipate that Brunswick Corporation will post 4.19 earnings per share for the current fiscal year.

Brunswick Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, February 23rd will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 2.0%. This is a boost from Brunswick’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Monday, February 23rd. Brunswick’s dividend payout ratio is -81.13%.

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.