SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.0% Stake in Brunswick Corp.

Sentiment:

Schedule 13G Filing


FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly disclosed a beneficial ownership of 5.0% in Brunswick Corp.'s common stock as of March 31, 2025.

Summary

  • FMR LLC and Abigail P. Johnson, as reporting persons, have filed a Schedule 13G indicating beneficial ownership of Brunswick Corp. (NYSE: BC) common stock.
  • As of March 31, 2025, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 3,323,016.90 shares.
  • This ownership represents 5.0% of Brunswick Corp.'s common stock.
  • FMR LLC holds sole voting power over 3,218,033.31 shares and sole dispositive power over 3,323,016.90 shares.
  • Abigail P. Johnson holds sole dispositive power over 3,323,016.90 shares, with no sole or shared voting power directly attributed.
  • The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Brunswick Corp.
  • FMR LLC is classified as a parent holding company and investment adviser, with subsidiaries like FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC also beneficially owning shares.
  • Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of its Series B voting common shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or outlook. It is a neutral regulatory filing.

Positives

  • Not applicable to a Schedule 13G filing, which primarily discloses beneficial ownership rather than company performance or operational positives.

Negatives

  • Not applicable to a Schedule 13G filing, which primarily discloses beneficial ownership rather than company performance or operational negatives.

Risks

  • Not applicable to a Schedule 13G filing, which primarily discloses beneficial ownership and does not detail company-specific risks.

Future Outlook

Not applicable to a Schedule 13G filing, which is a historical disclosure of beneficial ownership and does not provide forward-looking statements or guidance for the issuer.

Management Comments

  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11." (Certification by FMR LLC and Abigail P. Johnson)

Industry Context

This filing is a standard disclosure of a significant passive investment by a large asset manager in a publicly traded company. It does not provide specific insights into broader industry trends for Brunswick Corp.'s sector.

Comparison to Industry Standards

  • Not applicable to a Schedule 13G filing, which is a disclosure of beneficial ownership and does not contain performance metrics for comparison to industry standards or specific comparable companies/projects.

Management Changes

RolePrevious PersonNew PersonEffective DateReason

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment

Legal Proceedings

  • NA

Related Party Transactions

  • NA

Stakeholder Impact

  • Shareholders: Disclosure of a significant institutional stake may provide confidence or signal institutional interest in Brunswick Corp.

Next Steps

  • Not applicable to a Schedule 13G filing, which is a disclosure of beneficial ownership and does not outline future actions or milestones for the issuer.

Key Dates

DateDescription
01/03/2023Effective date of Power of Attorney for Stephanie J. Brown on behalf of FMR LLC.
01/26/2023Effective date of Power of Attorney for Stephanie J. Brown on behalf of Abigail P. Johnson.
03/31/2025Date of event which required the filing of this statement (ownership threshold crossed).
05/09/2025Date of filing and signature for the Schedule 13G.

Keywords

Brunswick Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Investment Management

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