Brunswick Corporation $BC Shares Sold by Pacer Advisors Inc.

Key Points

• Pacer Advisors cut its Brunswick stake by 97% in the first quarter, selling 310,912 shares and retaining 9,572 shares valued at approximately $696,000. Institutional investors collectively own 99.34% of the company.
• Brunswick reported quarterly EPS of $1.56, beating estimates of $1.19, while revenue rose 7.7% year over year to $1.56 billion. The company guided for third-quarter 2026 EPS of $1.20–$1.40 and full-year EPS of $4.35–$4.75.
• The company declared a quarterly dividend of $0.44 per share, equivalent to a $1.76 annualized payout and a 2.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $87.57, versus shares opening at $80.10.

Pacer Advisors Inc. decreased its stake in shares of Brunswick Corporation (NYSE:BC - Free Report) by 97.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,572 shares of the company's stock after selling 310,912 shares during the period. Pacer Advisors Inc.'s holdings in Brunswick were worth $696,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Brunswick by 10.7% during the first quarter. Royal Bank of Canada now owns 149,000 shares of the company's stock worth $8,024,000 after acquiring an additional 14,395 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Brunswick by 133.6% in the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company's stock worth $4,076,000 after buying an additional 44,228 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Brunswick by 142.9% during the first quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company's stock valued at $18,659,000 after purchasing an additional 203,838 shares during the last quarter. United Services Automobile Association bought a new position in Brunswick during the 1st quarter worth $214,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Brunswick by 477.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company's stock worth $39,000 after acquiring an additional 601 shares during the period. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Brunswick news, CEO David M. Foulkes sold 25,853 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the transaction, the chief executive officer owned 267,528 shares in the company, valued at $22,236,927.36. This represents a 8.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.99% of the stock is currently owned by insiders.

Brunswick Trading Down 1.8%

Shares of NYSE BC opened at $80.10 on Tuesday. Brunswick Corporation has a fifty-two week low of $55.84 and a fifty-two week 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. The firm has a market capitalization of $5.19 billion, a P/E ratio of -61.15 and a beta of 1.33. The company's 50 day simple moving average is $81.08 and its 200 day simple moving average is $80.00.

Brunswick (NYSE:BC - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter in the previous year, the company earned $0.90 earnings per share. The business's revenue for the quarter 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. On average, analysts predict that Brunswick Corporation will post 4.54 EPS for the current year.

Brunswick Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be paid a $0.44 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.76 annualized dividend and a yield of 2.2%. Brunswick's dividend payout ratio is currently -134.35%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BC. Robert W. Baird set a $92.00 price target on Brunswick in a research note on Friday, July 31st. Truist Financial increased their price objective on Brunswick from $93.00 to $94.00 and gave the company a "buy" rating in a research report on Monday, July 6th. DA Davidson reaffirmed a "neutral" rating and set a $76.00 price objective on shares of Brunswick in a research note on Monday, May 18th. Morgan Stanley lifted their price target on Brunswick from $82.00 to $86.00 and gave the company an "equal weight" rating in a report on Tuesday, May 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Brunswick from $78.00 to $83.00 and gave the company a "neutral" rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $87.57.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source