8,161 Shares in Brunswick Corporation $BC Acquired by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC acquired a new position in shares of Brunswick Corporation (NYSE:BC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,161 shares of the company’s stock, valued at approximately $687,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Deutsche Bank AG bought a new stake in shares of Brunswick during the 2nd quarter valued at $1,140,000. Perigon Wealth Management LLC bought a new position in shares of Brunswick in the second quarter worth $223,000. Simplicity Wealth LLC acquired a new position in Brunswick in the second quarter valued at about $807,000. Global Retirement Partners LLC acquired a new position in Brunswick in the second quarter valued at about $421,000. Finally, Bank of New York Mellon Corp bought a new stake in Brunswick during the second quarter worth about $101,201,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of the 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 completion of the sale, the chief executive officer directly owned 267,528 shares in the company, valued at $22,236,927.36. This represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.99% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BC has been the topic of several recent analyst reports. Morgan Stanley raised 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. William Blair set a $94.00 price target on shares of Brunswick in a research report on Thursday, August 13th. DA Davidson reissued a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a research note on Monday. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research report on Friday, July 31st. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $88.00.

Brunswick Stock Up 0.8%

Shares of NYSE BC opened at $81.69 on Thursday. The company has a 50 day simple moving average of $81.09 and a 200 day simple moving average of $79.80. The firm has a market cap of $5.29 billion, a PE ratio of -62.36 and a beta of 1.33. Brunswick Corporation has a 1 year low of $58.56 and a 1 year high of $90.25. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65.

Brunswick (NYSE:BC) last posted its 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 1.53% and a positive return on equity of 15.28%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the company earned $0.90 EPS. The firm’s revenue 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, research analysts forecast that Brunswick Corporation will post 4.55 EPS for the current year.

Brunswick Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be paid 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 payout ratio is currently -134.35%.

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.