Squarepoint Ops LLC Takes Position in Brunswick Corporation $BC

Key Points

• Squarepoint Ops LLC acquired 41,757 Brunswick shares worth approximately $3.5 million, joining other institutional investors that collectively own 99.34% of the company.
• Brunswick reported quarterly EPS of $1.56, beating estimates of $1.19, while revenue rose 7.7% year over year to $1.56 billion. The company guided for third-quarter 2026 EPS of $1.20–$1.40 and full-year EPS of $4.35–$4.75.
• The company declared a quarterly dividend of $0.44 per share, equivalent to an annualized $1.76 payout and a 2.5% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $88, versus a recent share price of $70.68.

Squarepoint Ops LLC bought a new stake in shares of Brunswick Corporation (NYSE:BC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 41,757 shares of the company's stock, valued at approximately $3,518,000. Squarepoint Ops LLC owned 0.06% of Brunswick at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Summit Securities Group LLC purchased a new stake in shares of Brunswick during the first quarter valued at approximately $27,000. Millstone Evans Group LLC purchased a new position in shares of Brunswick in the first quarter worth $29,000. Quarry LP increased its stake in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company's stock worth $33,000 after buying an additional 122 shares during the period. Larson Financial Group LLC raised its holdings in Brunswick by 705.4% during the 3rd 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 last quarter. Finally, Danske Bank A S bought a new stake in Brunswick during the 3rd quarter valued at $38,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Brunswick Stock Performance

NYSE:BC opened at $70.68 on Friday. 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 firm's fifty day simple moving average is $78.65 and its 200 day simple moving average is $78.56. The stock has a market cap of $4.58 billion, a P/E ratio of -53.95 and a beta of 1.34. 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 issued its quarterly earnings data on Thursday, July 30th. The company reported $1.56 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 business 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 business earned $0.90 EPS. The company's revenue for the quarter was up 7.7% on a year-over-year basis. 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, research analysts predict that Brunswick Corporation will post 4.55 EPS for the current year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, August 20th. Brunswick's dividend payout ratio is presently -134.35%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BC shares. Weiss Ratings reissued a "sell (d+)" rating on shares of Brunswick in a report on Wednesday, June 24th. William Blair set a $94.00 price objective on shares of Brunswick in a research note on Thursday, August 13th. DA Davidson reiterated a "neutral" rating and set a $76.00 target price on shares of Brunswick in a report on Monday, August 17th. Morgan Stanley raised their target price on Brunswick from $82.00 to $86.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 19th. Finally, Robert W. Baird set a $92.00 price target on Brunswick in a report on Friday, July 31st. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $88.00.

About Brunswick

Brunswick Corporation NYSE: BC is a global marine recreation company that develops, manufactures and distributes products used by boat owners, recreational boaters and marine dealers. Its operations include marine propulsion systems, boats, engine parts and accessories, marine electronics, and related technologies and services.

The company's portfolio includes Mercury Marine outboard and inboard engines, along with boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Manitou.

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