Research Analysts’ Weekly Ratings Changes for Brunswick (BC)

A number of firms have modified their ratings and price targets on shares of Brunswick (NYSE: BC) recently:

• 1/28/2025 – Brunswick had its price target lowered by analysts at Citigroup Inc. from $92.00 to $85.00. They now have a “buy” rating on the stock.
• 1/24/2025 – Brunswick had its price target lowered by analysts at Roth Mkm from $91.00 to $85.00. They now have a “buy” rating on the stock.
• 1/22/2025 – Brunswick had its price target lowered by analysts at DA Davidson from $80.00 to $60.00. They now have a “neutral” rating on the stock.
• 1/21/2025 – Brunswick had its price target lowered by analysts at Morgan Stanley from $78.00 to $64.00. They now have an “equal weight” rating on the stock.
• 1/15/2025 – Brunswick had its price target lowered by analysts at Stifel Nicolaus from $95.00 to $86.00. They now have a “buy” rating on the stock.
• 1/7/2025 – Brunswick had its price target lowered by analysts at Truist Financial Co. from $90.00 to $85.00. They now have a “buy” rating on the stock.

Brunswick Trading Down 3.1 %

Shares of BC traded down $2.15 during trading hours on Tuesday, hitting $68.36. The company had a trading volume of 91,512 shares, compared to its average volume of 607,804. Brunswick Co. has a 52-week low of $62.64 and a 52-week high of $96.65. The company has a quick ratio of 0.74, a current ratio of 1.97 and a debt-to-equity ratio of 1.17. The stock’s 50 day moving average price is $71.33 and its 200 day moving average price is $76.82. The firm has a market cap of $4.51 billion, a P/E ratio of 17.00 and a beta of 1.54.

Insiders Place Their Bets

In related news, CEO David M. Foulkes sold 23,829 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $80.22, for a total transaction of $1,911,562.38. Following the completion of the transaction, the chief executive officer now owns 251,094 shares in the company, valued at $20,142,760.68. This represents a 8.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Nancy E. Cooper sold 366 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $80.19, for a total transaction of $29,349.54. Following the transaction, the director now directly owns 24,557 shares in the company, valued at approximately $1,969,225.83. The trade was a 1.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BC. Oak Thistle LLC purchased a new stake in shares of Brunswick in the fourth quarter worth $368,000. Bank of Montreal Can grew its position in Brunswick by 20.8% during the 2nd quarter. Bank of Montreal Can now owns 40,193 shares of the company’s stock valued at $2,925,000 after purchasing an additional 6,922 shares during the last quarter. Global Alpha Capital Management Ltd. raised its holdings in Brunswick by 47.5% in the third quarter. Global Alpha Capital Management Ltd. now owns 240,128 shares of the company’s stock worth $20,128,000 after buying an additional 77,340 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Brunswick by 7.4% in the third quarter. JPMorgan Chase & Co. now owns 1,487,773 shares of the company’s stock worth $124,705,000 after buying an additional 102,780 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of Brunswick by 78.6% in the third quarter. Barclays PLC now owns 118,189 shares of the company’s stock worth $9,907,000 after buying an additional 52,024 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors.

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.