Empowered Funds LLC Takes Position in Brunswick Corporation $BC

Key Points

• Empowered Funds LLC acquired 23,973 Brunswick shares worth approximately $2.02 million in the second quarter. Institutional investors collectively own 99.34% of the company.
• Brunswick beat quarterly expectations, reporting $1.56 EPS versus the $1.19 consensus and $1.56 billion in revenue, up 7.7% year over year. The company projects fiscal 2026 EPS of $4.35–$4.75.
• Shares opened at $72.52, while analysts maintain a “Moderate Buy” consensus with an average price target of $88. Brunswick also declared a quarterly dividend of $0.44 per share, yielding approximately 2.4% annually.

Empowered Funds LLC purchased a new position in Brunswick Corporation (NYSE:BC - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 23,973 shares of the company's stock, valued at approximately $2,019,000.

Several other large investors also recently modified their holdings of the company. Royal Bank of Canada lifted its holdings in Brunswick by 10.7% in the first quarter. Royal Bank of Canada now owns 149,000 shares of the company's stock valued at $8,024,000 after acquiring an additional 14,395 shares during the period. AQR Capital Management LLC grew its stake in shares of Brunswick by 133.6% during the 1st quarter. AQR Capital Management LLC now owns 77,326 shares of the company's stock valued at $4,076,000 after purchasing an additional 44,228 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Brunswick by 142.9% during the 1st 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 period. United Services Automobile Association bought a new position in shares of Brunswick in the 1st quarter worth approximately $214,000. Finally, Geneos Wealth Management Inc. lifted its stake 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 purchasing an additional 601 shares during the period. Institutional investors own 99.34% of the company's stock.

Brunswick Stock Down 2.6%

BC stock opened at $72.52 on Friday. The business's 50-day moving average price is $79.94 and its 200-day moving average price is $79.16. The stock has a market cap of $4.70 billion, a P/E ratio of -55.36 and a beta of 1.34. 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 Corporation has a twelve month low of $58.56 and a twelve month high of $90.25.

Brunswick (NYSE:BC - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (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 company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the firm posted $0.90 EPS. The firm's quarterly 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, equities research analysts forecast that Brunswick Corporation will post 4.55 EPS for the current year.

Brunswick Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.4%. Brunswick's dividend payout ratio is -134.35%.

Analyst Ratings Changes

BC has been the subject of several recent research reports. William Blair set a $94.00 target price on shares of Brunswick in a research report on Thursday, August 13th. Robert W. Baird set a $92.00 price target on shares of Brunswick in a research report on Friday, July 31st. Weiss Ratings reiterated a "sell (d+)" rating on shares of Brunswick in a research note on Wednesday, June 24th. Morgan Stanley boosted their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 19th. Finally, DA Davidson restated a "neutral" rating and issued a $76.00 price objective on shares of Brunswick in a research note on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Brunswick presently has an average rating of "Moderate Buy" and a consensus target price of $88.00.

About Brunswick

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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