Swedbank AB Purchases New Stake in Brunswick Corporation $BC

Swedbank AB purchased a new stake in Brunswick Corporation (NYSE:BC) during the fourth quarter, HoldingsChannel reports. The firm purchased 140,000 shares of the company’s stock, valued at approximately $10,394,000.

A number of other large investors have also added to or reduced their stakes in BC. Jefferies Financial Group Inc. bought a new position in Brunswick during the 4th quarter worth $850,000. Markel Group Inc. increased its position in Brunswick by 42.5% during the 4th quarter. Markel Group Inc. now owns 47,750 shares of the company’s stock worth $3,545,000 after buying an additional 14,250 shares during the period. Global Retirement Partners LLC increased its position in Brunswick by 8,750.0% during the 4th quarter. Global Retirement Partners LLC now owns 4,602 shares of the company’s stock worth $342,000 after buying an additional 4,550 shares during the period. Trajan Wealth LLC bought a new position in Brunswick during the 4th quarter worth $233,000. Finally, PNC Financial Services Group Inc. increased its position in Brunswick by 8.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,168 shares of the company’s stock worth $458,000 after buying an additional 465 shares during the period. Institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on BC shares. Truist Financial increased their price objective on Brunswick from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Brunswick in a research report on Friday, March 27th. Citigroup increased their price objective on Brunswick from $100.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Griffin Securities set a $76.00 price objective on Brunswick in a research report on Monday, February 2nd. Finally, Robert W. Baird set a $85.00 price objective on Brunswick in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $87.00.

Brunswick Stock Performance

BC opened at $83.35 on Wednesday. The firm has a market cap of $5.42 billion, a P/E ratio of -39.69 and a beta of 1.33. Brunswick Corporation has a 52-week low of $48.83 and a 52-week high of $90.25. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. The business’s fifty day moving average is $76.90 and its 200-day moving average is $77.02.

Brunswick (NYSE:BC) last released its earnings results on Thursday, April 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.24. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.Brunswick’s quarterly revenue was up 12.8% on a year-over-year basis. During the same period 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. Sell-side analysts expect that Brunswick Corporation will post 4.29 EPS for the current fiscal year.

Brunswick Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, May 18th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, May 18th. Brunswick’s dividend payout ratio is -83.81%.

Brunswick 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.