Jupiter Topco LLC Purchases Shares of 29,145 Brunswick Corporation $BC

Key Points

• Jupiter Topco LLC acquired 29,145 Brunswick shares worth approximately $2.46 million in the second quarter. Institutional investors collectively own 99.34% of the company.
• Brunswick exceeded 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 guided for fiscal 2026 EPS of $4.35–$4.75.
• Brunswick declared a quarterly dividend of $0.44 per share, equivalent to a 2.4% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $88, compared with the stock’s $74.66 opening price.

Jupiter Topco LLC purchased a new position in shares of Brunswick Corporation (NYSE:BC - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 29,145 shares of the company's stock, valued at approximately $2,456,000.

Other hedge funds have also recently made changes to their positions in the company. Summit Securities Group LLC bought a new stake in shares of Brunswick during the 1st quarter valued at about $27,000. Farther Finance Advisors LLC grew its stake in Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company's stock worth $28,000 after purchasing an additional 159 shares during the period. Millstone Evans Group LLC bought a new stake in Brunswick in the first quarter worth approximately $29,000. Quarry LP increased its holdings in Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company's stock worth $33,000 after purchasing an additional 122 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Brunswick by 705.4% in the third quarter. Larson Financial Group LLC now owns 596 shares of the company's stock valued at $38,000 after buying an additional 522 shares during the period. 99.34% of the stock is owned by institutional investors.

Brunswick Price Performance

Shares of BC opened at $74.66 on Thursday. Brunswick Corporation has a 12-month low of $58.56 and a 12-month high of $90.25. The business's fifty day moving average is $80.24 and its 200 day moving average is $79.27. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4.84 billion, a P/E ratio of -56.99 and a beta of 1.34.

Brunswick (NYSE:BC - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.37. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. During the same quarter last year, the firm posted $0.90 EPS. Brunswick'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. Sell-side analysts anticipate that Brunswick Corporation will post 4.55 earnings per share for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, August 20th. Brunswick's dividend payout ratio (DPR) is currently -134.35%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Brunswick in a research report 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 research note on Monday, July 6th. DA Davidson reiterated a "neutral" rating and set a $76.00 price objective on shares of Brunswick in a report on Monday, August 17th. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research report on Friday, July 31st. Finally, William Blair set a $94.00 target price on Brunswick in a research note on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target 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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