Fleet Maintenance Dockhand

Bank of America Corp DE takes $27.44 million position in Brunswick Corporation $BC. September 23, 2026 Bank of America Corp DE bought a new position in shares of Brunswick Corporation (NYSE:BC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 325,744 shares of the company's stock, valued at approximately $27,441,000. Bank of America Corp DE owned 0.50% of Brunswick as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Horizon Corp increased its stake in Brunswick by 27.9% in the 1st quarter. First Horizon Corp now owns 701 shares of the company's stock valued at $51,000 after buying an additional 153 shares during the period. GAMMA Investing LLC lifted its stake in shares of Brunswick by 4.1% in the 2nd quarter. GAMMA Investing LLC now owns 4,942 shares of the company's stock worth $416,000 after acquiring an additional 194 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Brunswick by 1.1% in the 4th quarter. Daiwa Securities Group Inc. now owns 22,810 shares of the company's stock worth $1,693,000 after acquiring an additional 255 shares during the period. Waverly Advisors LLC boosted its holdings in shares of Brunswick by 8.9% in the first quarter. Waverly Advisors LLC now owns 3,184 shares of the company's stock valued at $232,000 after acquiring an additional 260 shares in the last quarter. Finally, Evolve Private Wealth LLC boosted its holdings in shares of Brunswick by 6.1% in the first quarter. Evolve Private Wealth LLC now owns 4,634 shares of the company's stock valued at $337,000 after acquiring an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 99.34% of the company's stock. Key stories impacting Brunswick. Here are the key news stories impacting Brunswick this week: * Brunswick announced an orderly succession plan: CEO and Executive Chairman David Foulkes will retire at the end of 2026, with Aine Denari named as his successor. A planned transition and an identified replacement may reduce uncertainty for investors and support continuity in the company's marine manufacturing and technology businesses. * The company also announced broader management and board leadership changes, including a new board chair as part of the transition. These changes could refresh Brunswick's strategic direction, but investors will likely await further details on priorities, execution and capital allocation under the incoming leadership. * Foulkes' departure introduces leadership uncertainty at a time when Brunswick's stock is trading below its 50-day and 200-day moving averages and the company remains exposed to cyclical recreational-boat demand. Investors may worry about disruption or changes to strategy until the transition is completed. Brunswick trading up 0.8%. NYSE BC opened at $66.53 on Wednesday. Brunswick Corporation has a 12 month low of $58.56 and a 12 month high of $90.25. The company has a 50-day moving average of $77.29 and a 200-day moving average of $77.90. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The company has a market cap of $4.31 billion, a P/E ratio of -50.79 and a beta of 1.34. Brunswick (NYSE:BC - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.19 by $0.37. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.Brunswick's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.90 EPS. 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, equities analysts predict that Brunswick Corporation will post 4.55 earnings per share for the current year. Brunswick announces dividend. The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th were given a dividend of $0.44 per share. The ex-dividend date was Thursday, August 20th. This represents a $1.76 annualized dividend and a dividend yield of 2.6%. Brunswick's payout ratio is currently -134.35%. Wall Street analyst weigh in. Several research firms recently issued reports on BC. 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 Brunswick in a report on Thursday, August 13th. Robert W. Baird set a $92.00 target price on Brunswick in a research report on Friday, July 31st. DA Davidson reissued a "neutral" rating and set a $76.00 target price on shares of Brunswick in a research note on Monday, August 17th. Finally, Truist Financial raised their price target on Brunswick from $93.00 to $94.00 and gave the company a "buy" rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Brunswick currently has an average 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. Want to see what other hedge funds are holding BC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brunswick Corporation (NYSE:BC - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Brunswick, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brunswick wasn't on the list. While Brunswick currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge - and the key risks investors should watch as the global AI buildout accelerates. Continue following MarketBeat

Brunswick Corporation announces leadership transition. September 22, 2026 David Foulkes to retire from Brunswick as Chief Executive Officer and Chairman of the Board at the end of 2026; Aine Denari appointed as Chief Executive Officer effective January 1, 2027; Lead Independent Director, David Everitt will become Non-Executive Chairman METTAWA, Ill. Sept. 21, 2026 - Brunswick Corporation (NYSE: BC), the global leader in marine manufacturing and technology, today announced that Executive Chairman of the Board of Directors & Chief Executive Officer David Foulkes, will retire from Brunswick at the end of the year. Aine Denari, currently Executive Vice President and President, Navico Group, and Brunswick Chief Technology Officer has been appointed Chief Executive Officer and will join the Brunswick Board of Directors effective January 1, 2027. David Everitt, currently Brunswick Lead Independent Director, will assume the role of Non-Executive Chairman also effective January 1, 2027. "It has been the greatest honor and privilege of my professional life to lead Brunswick Corporation as CEO for the last eight years," said Foulkes. "With the best leadership team in our industry and the hard work and support of our thousands of committed and talented global employees, we have built the world's largest and most innovative marine technology company and have outperformed the market and delivered strong shareholder returns through a prolonged period of external turbulence." Foulkes has had a distinguished two-decade career at Brunswick, including service as the Company's Chairman since February 2025 and Chief Executive Officer since January 2019, leading Brunswick through one of the most successful and transformational periods in its history. Prior to his appointment as Chief Executive Officer, Foulkes served as the Company's first Chief Technology Officer and ran Brunswick's Boat Group and financial services businesses, which later became the core of Business Acceleration. His first role with Brunswick was as Vice President of Product Development in the Mercury Marine division, leading the development of the range of outboard, sterndrive, and diesel engines, and advanced controls that now form the core of Mercury Marine's industry-leading product line-up. "I am very proud of the exceptional organization we have built, the rich culture we have cultivated, and the leadership position we have earned across the recreational marine industry," said Foulkes. "With the support of my colleagues, I have achieved much of what I set out to do as Brunswick CEO. I am especially grateful to the Senior Management Team, whose individual and collective leadership I consider exceptional and among the strongest in any industry. I also want to thank my family, especially my wife Gillian, whose unwavering support made my professional achievements possible." Foulkes continued, "One of the most important duties of the CEO is to work with the Board to prepare a successor. I believe the time is right for a transition, and I am extremely confident that Aine is the right person to lead Brunswick on the next stage of its journey. Aine's broad skill set as a business and technology leader, her strong commitment to Brunswick's employees and partners, her deep understanding of the marine industry and her ability to deliver financial results will position Brunswick for continued success. I look forward to working with Aine to ensure the smoothest possible transition." Denari is a seasoned leader with over 30 years of experience across automotive, mobility, industrial and manufacturing businesses. In 2024, as part of Brunswick's robust talent development and rotation process, Denari moved into a dual role as President of Navico Group and Brunswick Chief Technology Officer, further broadening her marine, technology, and enterprise leadership experience. In these roles, she helped drive Navico Group market share gains, strong financial performance, and new product innovation from brands such as Lowrance and Simrad including AutoCaptain, the market's first fully integrated autonomous boat docking solution. She joined Brunswick in 2020 as Executive Vice President and President of Brunswick Boat Group, leading the business through dynamic market conditions while launching new and award-winning boat models and brands and delivering strong financial results. Denari also serves as a director of Masco Corporation. Her experience spans multiple industries, geographies, and customer channels, and she is well positioned to build on Brunswick's legacy of advanced technology, product leadership, and continuous improvement. Denari brings deep engineering expertise and business leadership experience, supported by advanced degrees in engineering and business as well as executive education from several globally recognized institutions, including Stanford, Northwestern, Purdue, the University of Detroit Mercy, and University College Dublin. "I am thrilled to be appointed CEO of Brunswick Corporation, an exceptional company with a proud legacy, and I look forward to building on its strong foundation," said Denari. "I thank Dave and the Board for their confidence and trust, and I am committed to a seamless transition. As we move forward, we will continue to execute the strategy outlined at our 2026 Investor Day and build on our strong momentum to deliver transformational growth. I deeply believe in our Next Never Rests culture of continuous improvement and am excited to help lead the next generation of innovative, technology-enabled solutions that make boating easier and more enjoyable. We will continue to strengthen our industry-leading portfolio of marine products while advancing our position as a technology leader in the marine industry. I look forward to working with our Board and leadership team to support and develop our award-winning global workforce of 14,500 employees, while continuing to create long-term value for our shareholders and all stakeholders" Everitt commented, "This leadership transition is the culmination of the Board's robust and thoughtful succession planning process leveraging the Company's talent development work. On behalf of the entire Board, our employees, customers, and shareholders, I thank Dave for his remarkable service and his commitment to ready the next generation of Brunswick leaders and maintain an award-winning culture. We are confident Aine is the ideal next CEO for Brunswick, and we are excited to work with her as she leads the Company forward to deliver its next phase of growth and success."