Y Intercept Hong Kong Ltd Invests $2.64 Million in Brunswick Corporation $BC

Y Intercept Hong Kong Ltd purchased a new stake in Brunswick Corporation (NYSE:BC) during the first quarter, according to its most recent filing with the SEC. The firm purchased 36,332 shares of the company’s stock, valued at approximately $2,644,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 159 shares during the period. V Square Quantitative Management LLC acquired a new stake in Brunswick in the fourth quarter worth $30,000. Quarry LP raised its holdings in Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after purchasing an additional 122 shares during the period. First Horizon Corp boosted its position in shares of Brunswick by 31.7% during the fourth quarter. First Horizon Corp now owns 548 shares of the company’s stock worth $41,000 after purchasing an additional 132 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Brunswick by 705.4% in the 3rd quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock valued at $38,000 after buying an additional 522 shares during the period. Institutional investors own 99.34% of the company’s stock.

Insider Activity

In related news, CEO David M. Foulkes sold 25,853 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the sale, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on BC. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. JPMorgan Chase & Co. boosted their target price on Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Texas Capital raised Brunswick from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Morgan Stanley lifted their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Finally, Wall Street Zen lowered Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating, six have given 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 has a consensus rating of “Hold” and a consensus target price of $87.07.

Brunswick Price Performance

NYSE BC opened at $77.38 on Wednesday. The firm’s 50 day moving average is $81.08 and its 200-day moving average is $80.13. The company has a quick ratio of 0.62, a current ratio of 1.38 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $5.03 billion, a PE ratio of -36.85 and a beta of 1.33. Brunswick Corporation has a 12-month low of $55.60 and a 12-month high of $90.25.

Brunswick (NYSE:BC) 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. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm earned $0.56 earnings per share. The firm’s revenue for the quarter was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. Equities research analysts anticipate that Brunswick Corporation will post 4.28 earnings per share for the current fiscal year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, May 18th were issued a $0.44 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.76 annualized dividend and a dividend yield of 2.3%. Brunswick’s dividend payout ratio (DPR) is presently -83.81%.

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.