Simplicity Wealth LLC Acquires New Stake in Brunswick Corporation $BC

Simplicity Wealth LLC bought a new stake in Brunswick Corporation (NYSE:BC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,577 shares of the company’s stock, valued at approximately $807,000.

Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in shares of Brunswick in the 2nd quarter worth approximately $101,201,000. Bank of America Corp DE grew its position in Brunswick by 296.1% during the first quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock valued at $63,474,000 after buying an additional 652,136 shares during the period. Norges Bank purchased a new stake in Brunswick during the fourth quarter valued at approximately $46,665,000. AQR Capital Management LLC raised its position in Brunswick by 812.7% in the second quarter. AQR Capital Management LLC now owns 705,719 shares of the company’s stock worth $38,934,000 after acquiring an additional 628,393 shares during the period. Finally, Invesco Ltd. raised its holdings in Brunswick by 381.4% in the 4th quarter. Invesco Ltd. now owns 765,651 shares of the company’s stock worth $56,842,000 after purchasing an additional 606,618 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Brunswick Price Performance

Brunswick stock opened at $82.49 on Monday. The company has a market cap of $5.35 billion, a price-to-earnings ratio of -62.97 and a beta of 1.33. Brunswick Corporation has a 52-week low of $58.56 and a 52-week high of $90.25. The firm’s fifty day moving average is $81.05 and its 200 day moving average is $79.84. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC) last released its earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.37. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the firm posted $0.90 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Sell-side analysts forecast that Brunswick Corporation will post 4.54 EPS for the current fiscal year.

Brunswick Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be issued a dividend of $0.44 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a yield of 2.1%. Brunswick’s dividend payout ratio (DPR) is presently -134.35%.

Wall Street Analyst Weigh In

Several research firms have issued reports on BC. William Blair set a $94.00 price target on Brunswick in a report on Thursday. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research note on Wednesday, June 24th. Truist Financial lifted their price target on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. DA Davidson reiterated a “neutral” rating and issued a $76.00 price target on shares of Brunswick in a research report on Monday, May 18th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. One equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Brunswick currently has a consensus rating of “Hold” and a consensus price target of $88.00.

Insider Transactions at Brunswick

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were 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 of the company’s stock, valued at $22,236,927.36. The trade was a 8.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.99% of the stock is currently owned by company insiders.

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.