BRP Inc. $DOOO Stock Holdings Raised by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. lifted its stake in shares of BRP Inc. (NASDAQ:DOOO) by 38.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 318,118 shares of the company’s stock after purchasing an additional 88,168 shares during the period. Montrusco Bolton Investments Inc. owned about 0.44% of BRP worth $19,347,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of DOOO. Osaic Holdings Inc. grew its position in shares of BRP by 905.8% in the 2nd quarter. Osaic Holdings Inc. now owns 694 shares of the company’s stock worth $34,000 after acquiring an additional 625 shares in the last quarter. Sagard Holdings Management Inc. acquired a new position in BRP in the second quarter worth $41,000. Geode Capital Management LLC increased its stake in BRP by 1.9% during the second quarter. Geode Capital Management LLC now owns 50,692 shares of the company’s stock valued at $2,463,000 after purchasing an additional 955 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of BRP by 1,057.4% during the third quarter. JPMorgan Chase & Co. now owns 1,088 shares of the company’s stock worth $66,000 after purchasing an additional 994 shares during the period. Finally, Addenda Capital Inc. lifted its position in shares of BRP by 5.8% in the 3rd quarter. Addenda Capital Inc. now owns 19,326 shares of the company’s stock worth $1,175,000 after buying an additional 1,052 shares during the last quarter.

BRP Trading Up 1.1%

NASDAQ:DOOO opened at $78.52 on Thursday. BRP Inc. has a 1 year low of $31.78 and a 1 year high of $78.07. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 212.22 and a beta of 1.26. The business has a fifty day moving average of $76.16 and a 200-day moving average of $68.82. The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.49 and a current ratio of 1.23.

BRP (NASDAQ:DOOO) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.27. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.50 billion. BRP had a net margin of 0.45% and a return on equity of 67.30%. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. BRP has set its FY 2026 guidance at 3.600-3.600 EPS. Equities analysts predict that BRP Inc. will post 3.15 earnings per share for the current year.

BRP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were issued a $0.215 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.86 annualized dividend and a dividend yield of 1.1%. BRP’s dividend payout ratio (DPR) is 164.86%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DOOO. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of BRP in a research report on Friday, December 5th. National Bank Financial raised BRP from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 4th. Royal Bank Of Canada raised their price target on BRP from $107.00 to $131.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Loop Capital initiated coverage on BRP in a research note on Thursday, November 13th. They set a “buy” rating for the company. Finally, Zacks Research lowered BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, BRP presently has an average rating of “Moderate Buy” and a consensus target price of $84.40.

BRP Company Profile

BRP Inc, operating under the brand name Bombardier Recreational Products, is a leader in designing, manufacturing and distributing recreational vehicles and propulsion systems for winter, on-road, off-road and water lifestyles. The company’s diversified portfolio includes snowmobiles, personal watercraft, all-terrain vehicles and roadsters, all powered by in-house Rotax engines. With a focus on innovation and performance, BRP has positioned itself at the forefront of the powersports industry.

At the heart of BRP’s product lineup are its flagship Ski-Doo snowmobiles and Sea-Doo personal watercraft, which serve both recreational and professional segments.