Quantbot Technologies LP Has $1.38 Million Stake in Brunswick Corporation $BC

Key Points

• Quantbot Technologies LP significantly increased its holdings in Brunswick Corporation by 700.5% in Q1, bringing its total to 25,560 shares valued at approximately $1.38 million.
• Brunswick announced a quarterly dividend of $0.43 per share, resulting in a 2.6% yield, with the dividend payout ratio currently at 277.42%.
• Analysts have varying target prices for Brunswick stock, with Roth Capital raising their target from $60 to $68, while the stock currently holds a "Moderate Buy" average rating.

Quantbot Technologies LP boosted its position in shares of Brunswick Corporation (NYSE:BC - Free Report) by 700.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,560 shares of the company's stock after purchasing an additional 22,367 shares during the quarter. Quantbot Technologies LP's holdings in Brunswick were worth $1,376,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BC. CANADA LIFE ASSURANCE Co grew its holdings in Brunswick by 7.4% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 51,596 shares of the company's stock valued at $3,335,000 after purchasing an additional 3,570 shares during the period. Dimensional Fund Advisors LP grew its holdings in Brunswick by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,084,038 shares of the company's stock valued at $134,796,000 after purchasing an additional 10,951 shares during the period. MetLife Investment Management LLC grew its holdings in Brunswick by 8.6% during the fourth quarter. MetLife Investment Management LLC now owns 37,187 shares of the company's stock valued at $2,405,000 after purchasing an additional 2,938 shares during the period. Tower Research Capital LLC TRC grew its holdings in Brunswick by 121.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,295 shares of the company's stock valued at $213,000 after purchasing an additional 1,809 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in Brunswick by 248.4% during the fourth quarter. Hsbc Holdings PLC now owns 10,735 shares of the company's stock valued at $695,000 after purchasing an additional 7,654 shares during the period. Institutional investors and hedge funds own 99.34% of the company's stock.

Brunswick Stock Performance

Shares of BC traded up $0.98 during trading hours on Wednesday, hitting $65.33. The company had a trading volume of 366,599 shares, compared to its average volume of 955,260. The firm has a market cap of $4.27 billion, a price-to-earnings ratio of 105.44 and a beta of 1.28. The business has a fifty day moving average of $59.66 and a 200-day moving average of $55.62. Brunswick Corporation has a 12 month low of $41.00 and a 12 month high of $87.65. The company has a quick ratio of 0.70, a current ratio of 1.68 and a debt-to-equity ratio of 1.10.

Brunswick (NYSE:BC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.27. Brunswick had a net margin of 0.82% and a return on equity of 10.73%. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the firm earned $1.80 earnings per share. The company's revenue was up .2% on a year-over-year basis. Brunswick has set its FY 2025 guidance at 3.250-3.250 EPS. Q3 2025 guidance at 0.750-0.900 EPS. Equities analysts anticipate that Brunswick Corporation will post 4.19 EPS for the current fiscal year.

Brunswick Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Wednesday, August 20th will be paid a $0.43 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $1.72 annualized dividend and a dividend yield of 2.6%. Brunswick's dividend payout ratio is 277.42%.

Insider Activity at Brunswick

In related news, VP Christopher F. Dekker sold 2,092 shares of the company's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $58.47, for a total value of $122,319.24. Following the transaction, the vice president directly owned 44,466 shares in the company, valued at approximately $2,599,927.02. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.85% of the company's stock.

Wall Street Analyst Weigh In

BC has been the subject of several research analyst reports. DA Davidson upped their price target on shares of Brunswick from $43.00 to $59.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Zacks Research cut shares of Brunswick from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Roth Capital upped their price target on shares of Brunswick from $60.00 to $68.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Citigroup reissued a "buy" rating on shares of Brunswick in a research report on Wednesday. Finally, Robert W. Baird upped their price target on shares of Brunswick from $56.00 to $60.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Brunswick currently has a consensus rating of "Moderate Buy" and an average target price of $68.25.

Brunswick Company Profile

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.