Brunswick (NYSE:BC – Get Free Report) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.200-1.400 for the period, compared to the consensus earnings per share estimate of 1.450. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion. Brunswick also updated its FY 2026 guidance to 4.350-4.750 EPS.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on BC shares. Morgan Stanley upped their target price on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Wall Street Zen cut Brunswick from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. Truist Financial upped their target price on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $87.07.
Read Our Latest Stock Report on BC
Brunswick Price Performance
Brunswick (NYSE:BC – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.19 by $0.37. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. During the same period in the previous year, the firm earned $0.90 EPS. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, sell-side analysts expect that Brunswick will post 4.31 earnings per share for the current fiscal year.
Brunswick Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 annualized dividend and a dividend yield of 2.2%. Brunswick’s dividend payout ratio is currently -83.81%.
Insider Buying and Selling at Brunswick
In related news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the transaction, the chief executive officer directly owned 267,528 shares in the company, valued at $22,236,927.36. The trade was a 8.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.99% of the stock is currently owned by corporate insiders.
Trending Headlines about Brunswick
Here are the key news stories impacting Brunswick this week:
- Positive Sentiment: Second-quarter results beat expectations: Brunswick reported adjusted diluted EPS of $1.56, above the approximately $1.19-$1.20 consensus estimate. Revenue rose 7.7% year over year to $1.56 billion, while GAAP net earnings increased 85% to $109.8 million. Brunswick Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Broad-based sales growth: Propulsion sales increased 7.7%, Engine Parts and Accessories rose 8.9%, Navico Group grew 6.7%, and Boat sales advanced 4.6%, indicating continued demand across Brunswick’s marine businesses. Brunswick Q2 Net Sales Rise 8 Percent
- Positive Sentiment: Full-year outlook increased: Brunswick raised 2026 adjusted EPS guidance to $4.35-$4.75, above the $4.26 analyst consensus, and expects $5.7-$5.8 billion in revenue plus at least $400 million in free cash flow. Brunswick Earnings Results
- Negative Sentiment: Third-quarter guidance missed expectations: The company forecast adjusted EPS of $1.20-$1.40 and revenue of $1.4-$1.5 billion, below consensus estimates of $1.45 EPS and $1.5 billion revenue. The cautious near-term outlook likely outweighed the quarterly beat and full-year guidance increase. Brunswick Q2 2026 Results Presentation
- Neutral Sentiment: Investors remain exposed to discretionary-spending risks, including high interest rates, tariffs, dealer inventory adjustments, supply-chain pressures, and transportation costs.
Institutional Trading of Brunswick
Several institutional investors and hedge funds have recently bought and sold shares of BC. Quarry LP boosted its holdings in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock worth $33,000 after buying an additional 122 shares during the period. Danske Bank A S acquired a new position in Brunswick in the 3rd quarter worth approximately $38,000. Larson Financial Group LLC boosted its stake in Brunswick by 705.4% in the 3rd quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock worth $38,000 after purchasing an additional 522 shares during the period. Geneos Wealth Management Inc. grew its position in Brunswick by 477.0% during the 1st 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. Finally, NewEdge Advisors LLC grew its position in Brunswick by 15.2% during the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock worth $84,000 after purchasing an additional 176 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.
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.
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