Principal Financial Group Inc. Sells 36,286 Shares of Brunswick Corporation $BC

Key Points

• Principal Financial Group trimmed its stake in Brunswick (NYSE:BC) by 3.9%, selling 36,286 shares in Q4 and now holds 899,278 shares (about 1.38%), valued at roughly $66.8 million.
• Q1 results and guidance: Brunswick reported $0.70 EPS vs. $0.46 expected and $1.38B revenue (up 12.8% YoY), and set FY2026 guidance of $4.00–$4.50 EPS with Q2 guidance of $1.10–$1.20.
• Dividends and analyst view: The company declared a $0.44 quarterly dividend (annualized $1.76, yield ~2.2%, ex-dividend May 18), while analysts have an average rating of "Hold" and a consensus price target of $86.71.

Principal Financial Group Inc. trimmed its position in Brunswick Corporation (NYSE:BC - Free Report) by 3.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 899,278 shares of the company's stock after selling 36,286 shares during the period. Principal Financial Group Inc. owned approximately 1.38% of Brunswick worth $66,765,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in BC. First Horizon Corp bought a new position in Brunswick in the third quarter worth approximately $26,000. Farther Finance Advisors LLC increased its holdings in shares of Brunswick by 72.3% during the fourth quarter. Farther Finance Advisors LLC now owns 379 shares of the company's stock valued at $28,000 after acquiring an additional 159 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Brunswick during the fourth quarter worth approximately $30,000. Jones Financial Companies Lllp raised its position in shares of Brunswick by 50.6% during the third quarter. Jones Financial Companies Lllp now owns 494 shares of the company's stock worth $31,000 after purchasing an additional 166 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Brunswick in the 3rd quarter worth $37,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BC shares. B. Riley Financial restated a "neutral" rating and set a $80.00 price target (up from $70.00) on shares of Brunswick in a research note on Friday, January 30th. Texas Capital raised shares of Brunswick from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. upped their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a "neutral" rating in a report on Tuesday, April 28th. Benchmark raised their price target on shares of Brunswick from $75.00 to $90.00 and gave the company a "buy" rating in a research report on Friday, January 30th. Finally, Truist Financial boosted their price objective on Brunswick from $92.00 to $93.00 and gave the stock a "buy" rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $86.71.

Brunswick Stock Performance

NYSE BC opened at $80.70 on Friday. The company has a fifty day moving average price of $75.92 and a 200-day moving average price of $75.96. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of -38.43 and a beta of 1.33. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62. Brunswick Corporation has a 1 year low of $46.12 and a 1 year high of $90.25.

Brunswick (NYSE:BC - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.24. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the firm earned $0.56 earnings per share. The firm's revenue was up 12.8% on a year-over-year basis. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. As a group, equities research analysts predict that Brunswick Corporation will post 4.24 EPS for the current fiscal year.

Brunswick Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, May 18th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Monday, May 18th. Brunswick's payout ratio is presently -83.81%.

Brunswick 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.

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