BRP Inc. $DOOO Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. boosted its holdings in BRP Inc. (NASDAQ:DOOO) by 208.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,551 shares of the company’s stock after buying an additional 7,811 shares during the quarter. Hantz Financial Services Inc.’s holdings in BRP were worth $702,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Osaic Holdings Inc. grew its stake in BRP by 905.8% in the second quarter. Osaic Holdings Inc. now owns 694 shares of the company’s stock valued at $34,000 after purchasing an additional 625 shares in the last quarter. Sagard Holdings Management Inc. bought a new position in BRP in the second quarter worth $41,000. Raymond James Financial Inc. acquired a new position in BRP in the second quarter worth about $60,000. Acadian Asset Management LLC acquired a new stake in BRP in the 1st quarter valued at $70,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of BRP in the 1st quarter worth about $207,000.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DOOO shares. Royal Bank Of Canada upped their target price on shares of BRP from $107.00 to $131.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of BRP in a research note on Friday, December 5th. Citigroup reaffirmed a “buy” rating on shares of BRP in a research note on Wednesday, January 14th. Desjardins restated a “buy” rating on shares of BRP in a report on Friday, December 5th. Finally, Natl Bk Canada raised BRP from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 4th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.40.

BRP Trading Down 4.3%

DOOO stock opened at $76.47 on Friday. BRP Inc. has a one year low of $31.78 and a one year high of $78.07. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 206.68 and a beta of 1.26. The company has a fifty day moving average price of $75.03 and a two-hundred day moving average price of $66.14. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.23 and a quick ratio of 0.49.

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

BRP Announces Dividend

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

About BRP

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.