Nitor Capital Management LLC Acquires Shares of 25,399 Brunswick Corporation $BC

Key Points

• Nitor Capital Management initiated a Brunswick position by purchasing 25,399 shares valued at approximately $2.14 million. Institutional investors collectively own 99.34% of Brunswick’s stock.
• Brunswick reported quarterly EPS of $1.56, exceeding the $1.19 consensus estimate, while revenue rose 7.7% year over year to $1.56 billion. The company expects fiscal 2026 EPS of $4.35–$4.75.
• Shares opened at $80.98, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $88. Brunswick also declared a quarterly dividend of $0.44 per share, representing a 2.2% annualized yield.

Nitor Capital Management LLC bought a new position in Brunswick Corporation (NYSE:BC - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 25,399 shares of the company's stock, valued at approximately $2,140,000. Brunswick makes up about 1.4% of Nitor Capital Management LLC's portfolio, making the stock its 14th largest holding.

Other institutional investors have also modified their holdings of the company. Swedbank AB bought a new position in Brunswick in the fourth quarter worth approximately $10,394,000. Global Alpha Capital Management Ltd. raised its position in Brunswick by 21.4% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 328,523 shares of the company's stock valued at $24,390,000 after purchasing an additional 57,895 shares in the last quarter. Friedenthal Financial bought a new stake in Brunswick during the 1st quarter valued at $992,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Brunswick by 148.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 79,607 shares of the company's stock worth $5,792,000 after buying an additional 47,573 shares during the period. Finally, Gateway Investment Advisers LLC purchased a new stake in shares of Brunswick in the 4th quarter worth $591,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Stock Up 0.2%

Shares of NYSE BC opened at $80.98 on Monday. Brunswick Corporation has a 12-month low of $58.56 and a 12-month high of $90.25. The stock's fifty day simple moving average is $81.04 and its two-hundred day simple moving average is $79.80. The stock has a market capitalization of $5.25 billion, a PE ratio of -61.82 and a beta of 1.33. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08.

Brunswick (NYSE:BC - Get Free Report) last released its quarterly 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. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The business's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 EPS. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. As a group, analysts expect that Brunswick Corporation will post 4.55 EPS for the current fiscal year.

Brunswick Dividend Announcement

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

Insider Buying and Selling

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 transaction, the chief executive officer directly owned 267,528 shares in the company, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.99% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BC shares. Truist Financial increased their price target on Brunswick from $93.00 to $94.00 and gave the stock a "buy" rating in a research report on Monday, July 6th. Weiss Ratings restated a "sell (d+)" rating on shares of Brunswick in a report on Wednesday, June 24th. Morgan Stanley upped their price objective on shares of Brunswick from $82.00 to $86.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 19th. Robert W. Baird set a $92.00 target price on shares of Brunswick in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. raised their target price on shares of Brunswick from $78.00 to $83.00 and gave the company a "neutral" rating in a research report on Tuesday, April 28th. One research 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 issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average 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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