Spark Investment Management LLC Takes Position in BRP Inc. $DOO

Posted by Brian Himes on Jun 8th, 2026

Spark Investment Management LLC purchased a new position in shares of BRP Inc. (NASDAQ:DOO – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 19,000 shares of the company’s stock, valued at approximately $1,344,000. BRP makes up about 3.3% of Spark Investment Management LLC’s portfolio, making the stock its 10th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC purchased a new position in BRP during the 4th quarter valued at about $43,000. PNC Financial Services Group Inc. purchased a new stake in shares of BRP in the fourth quarter valued at about $142,000. Intact Investment Management Inc. acquired a new stake in shares of BRP in the fourth quarter valued at approximately $156,000. Annex Advisory Services LLC purchased a new position in shares of BRP during the 4th quarter worth approximately $279,000. Finally, DekaBank Deutsche Girozentrale purchased a new position in shares of BRP during the 4th quarter worth approximately $284,000.

BRP Price Performance

DOO stock opened at $60.70 on Monday. The firm has a market capitalization of $4.48 billion, a PE ratio of 22.91 and a beta of 0.89. The company has a quick ratio of 0.61, a current ratio of 1.30 and a debt-to-equity ratio of 3.41. BRP Inc. has a 52-week low of $46.23 and a 52-week high of $81.89. The business’s fifty day simple moving average is $61.18.

BRP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 annualized dividend and a yield of 1.6%. BRP’s payout ratio is 27.17%.

Analyst Upgrades and Downgrades

DOO has been the topic of a number of recent research reports. Raymond James Financial lowered BRP from a “strong-buy” rating to a “market perform” rating in a research note on Friday, April 24th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of BRP in a research report on Friday, May 29th. Canaccord Genuity Group cut BRP from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Citigroup reduced their price objective on BRP from $75.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, May 29th. Finally, UBS Group dropped their price objective on BRP from $78.00 to $68.00 and set a “neutral” rating for the company in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $83.00.

View Our Latest Stock Analysis on DOO

BRP Company Profile

(Free Report)

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.

Spark Investment Management LLC Takes Position in BRP Inc. $DOO

BRP Price Performance

BRP Announces Dividend

Analyst Upgrades and Downgrades

BRP Company Profile

Further Reading

You might be interested in: