Tectonic Advisors 13F: Adds $866K to Brunswick (BC) Stake

Tectonic Advisors grew its stake in Brunswick Corporation (NYSE: BC) by 21.8% during the period, picking up 13,476 shares to end with 75,212 shares. That move brought the total value of the position to about $4.83 million, according to a Form 13F filing with the SEC on October 22, 2026.

BC Brunswick Corporation

$68.29 ▼ -8.56% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Tectonic Advisors's Brunswick Corporation Position

The fund expanded its investment from its previous count of 61,736 shares up to 75,212 shares.

Other Institutional Activity in Brunswick Corporation

Other large money managers also adjusted their positions in the recreation products maker. Massachusetts Financial Services Co. grew its holdings by 181,531 shares, ending with 4,136,460 shares worth about $282.48 million. American Century Companies Inc lifted its stake by 10,051 shares, finishing with 3,055,802 shares valued at approximately $208.68 million. Baillie Gifford & Co reduced its holdings by 150,605 shares, leaving it with 2,740,777 shares worth about $187.12 million. AQR Capital Management, LLC grew its stake by 160,999 shares to end with 2,163,477 shares valued at roughly $147.74 million. Harris Associates L.P. cut its position by 319,793 shares, ending with 1,913,396 shares worth about $130.67 million.

Brunswick Corporation Stock Up 4.3%

Brunswick shares recently traded around $68.29, sitting 2.9% below their 50-day moving average of $70.34 and 12.3% below their 200-day moving average of $77.86. The stock has traded in a 52-week range between $59.06 and $90.25, placing the recent price 15.6% above its low and 24.3% below its high.

Recent Earnings

The company generated $5.63 billion in trailing twelve-month revenue, alongside a basic negative earnings per share of $1.32. Profitability metrics show a net margin of -1.5% and a return on equity of -4.8%. Brunswick is scheduled to release its next financial results on October 29, 2026.

Dividend

Brunswick pays an annual dividend rate of $1.76 per share, which translates to a dividend yield of 2.58%. The company's dividend payout ratio stands at 200.0%.

Insider Buying and Selling at Brunswick Corporation

Company insiders made several transactions earlier in the year. Director Nancy E. Cooper sold 192 shares on February 19, 2026, at $87.64 for a total of $16,827. Cooper later sold 194 shares on May 1, 2026, at $79.36 for $15,396, and another 206 shares on August 3, 2026, at $78.45 for $16,161. Chief Executive Officer David M. Foulkes sold 25,853 shares on May 26, 2026, at $83.12 for roughly $2.15 million.

Analysts Set New Price Targets

Wall Street firms have kept a watchful eye on the stock's valuation. On July 6, 2026, Truist Securities maintained its Buy rating while raising its price target from $93.00 to $94.00. Later, on August 17, 2026, DA Davidson maintained a Neutral rating on the stock with a price target of $76.00. Overall, the company holds a consensus recommendation of buy, backed by 16 analyst opinions and a mean price target of $91.63.

About Brunswick Corporation

Based in Mettawa, Illinois, Brunswick Corporation designs, builds, and sells recreation products globally. The company operates through four main divisions spanning propulsion systems, engine parts and accessories, advanced marine electronics and systems through Navico Group, and finished boats. Its recreational offerings connect with boaters and outdoor enthusiasts around the world.

Bottom Line

Investors will be looking closely at Brunswick's upcoming earnings report on October 29, 2026, to gauge how the company's operating segments are performing against softer margins. Future SEC filings will show whether firms like Tectonic Advisors continue to build their positions in the recreation sector.