Vanguard Group Inc. Sells 138,137 Shares of Brunswick Corporation $BC

Key Points

• Vanguard trimmed its Brunswick position by 2.0%, selling 138,137 shares and leaving it with 6,759,638 shares (about a 10.39% stake) valued at $501.84 million per its SEC filing.
• Insider sales included CEO David M. Foulkes selling 38,266 shares for roughly $3.31 million (a 12.37% reduction in his holding) and VP Christopher F. Dekker selling 4,981 shares; corporate insiders now own about 0.99% of the stock.
• Financial update: Brunswick beat Q results ($0.70 EPS vs. $0.46 est.) with $1.38B revenue (up 12.8% YoY), set FY 2026 guidance of $4.00–$4.50 EPS, and declared a $0.44 quarterly dividend (2.2% yield).

Vanguard Group Inc. reduced its position in Brunswick Corporation (NYSE:BC - Free Report) by 2.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,759,638 shares of the company's stock after selling 138,137 shares during the period. Vanguard Group Inc. owned about 10.39% of Brunswick worth $501,836,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. First Horizon Corp acquired a new stake in shares of Brunswick in the third quarter valued at approximately $26,000. Farther Finance Advisors LLC boosted its stake in Brunswick by 72.3% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company's stock valued at $28,000 after purchasing an additional 159 shares during the period. V Square Quantitative Management LLC acquired a new position in Brunswick in the 4th quarter valued at $30,000. Jones Financial Companies Lllp raised its holdings in Brunswick by 50.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 494 shares of the company's stock valued at $31,000 after acquiring an additional 166 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Brunswick during the 3rd quarter worth approximately $37,000. Institutional investors own 99.34% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on BC. DA Davidson boosted their price target on Brunswick from $68.00 to $76.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Benchmark boosted their price target on Brunswick from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Friday, January 30th. Citigroup boosted their price objective on Brunswick from $100.00 to $101.00 and gave the stock a "buy" rating in a research report on Monday, February 2nd. Wolfe Research set a $90.00 price objective on Brunswick in a research report on Monday, January 12th. Finally, Texas Capital upgraded Brunswick from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $86.71.

Insider Buying and Selling

In related news, CEO David M. Foulkes sold 38,266 shares of the company's stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $86.56, for a total transaction of $3,312,304.96. Following the transaction, the chief executive officer directly owned 271,169 shares of the company's stock, valued at approximately $23,472,388.64. This represents a 12.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Christopher F. Dekker sold 4,981 shares of the company's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $87.38, for a total value of $435,239.78. Following the transaction, the vice president directly owned 39,740 shares in the company, valued at approximately $3,472,481.20. This trade represents a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.99% of the stock is currently owned by corporate insiders.

Brunswick Stock Up 5.4%

Shares of Brunswick stock opened at $78.49 on Wednesday. The stock's 50-day moving average is $76.02 and its 200 day moving average is $75.71. Brunswick Corporation has a one year low of $45.44 and a one year high of $90.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62. The firm has a market cap of $5.11 billion, a price-to-earnings ratio of -37.38 and a beta of 1.33.

Brunswick (NYSE:BC - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the business earned $0.56 EPS. The firm's revenue for the quarter 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. Equities research analysts anticipate that Brunswick Corporation will post 4.24 EPS for the current year.

Brunswick Announces Dividend

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

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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