Mairs and Power

Last Update: 02-14-2017

Number of Stocks: 190
Number of New Stocks: 2

Total Value: $7,789 Mil
Q/Q Turnover: 2%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Mairs and Power' s Profile & Performance

Profile

Mairs and Power Inc is a small firm whose strength and success has resulted from applying a conservative growth investment approach consistently for over 70 years. Both the Growth and Balanced Funds are built on a foundation of selected quality growth stocks purchased at what management considers to be reasonable valuation levels. When these securities are purchased, the intention is to hold these issues for relatively long periods of time to maximize tax-efficiency and allow the power of compounding to build wealth for its shareholders. However, sales are made on occasion in response to such factors as changing fundamentals, investment strategy shifts, and excessive valuation.

Bill Frels is the portfolio manager at Mairs & Power, the investment advisory firm where he started in 1992. Frels plans to retire at the end of 2014, but will remain as the chairman of the investment committee and a shareholder.

Web Page:http://www.mairsandpower.com/

Investing Philosophy

Mairs & Powers follows a consistent and conservative investment approach. Mutual funds and individual accounts are built on quality growth stocks and fixed income securities. Equity securities are held for relatively long periods of time to maximize tax efficiency. Fixed income securities are held to maturity.

Total Holding History

Performance of Mairs & Power Growth Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201615.3811.963.4
2015-3.071.38-4.4
20148.1213.69-5.6
3-Year Cumulative20.9 (6.5%/year)29 (8.9%/year)-8.1 (-2.4%/year)
201335.6432.393.2
201221.91165.9
5-Year Cumulative100 (14.9%/year)98.2 (14.7%/year)1.8 (0.2%/year)
20110.742.11-1.4
201017.415.062.3
200922.5226.46-3.9
2008-28.51-378.5
20074.95.49-0.6
10-Year Cumulative117.3 (8.1%/year)95.7 (6.9%/year)21.6 (1.2%/year)
200610.2415.79-5.6
20054.374.91-0.5
200417.9910.887.1
200326.3328.68-2.4
2002-8.12-22.114.0
15-Year Cumulative242.4 (8.6%/year)164.2 (6.7%/year)78.2 (1.9%/year)
20016.48-11.8918.4
200026.48-9.135.6
19997.1621.04-13.9
19989.3628.58-19.2
199728.6633.36-4.7
20-Year Cumulative595.2 (10.2%/year)339.2 (7.7%/year)256 (2.5%/year)
199627.7622.964.8
199547.737.5810.1
19945.661.324.3
199312.8310.082.8
19927.877.620.2
25-Year Cumulative1587.1 (12%/year)791.8 (9.1%/year)795.3 (2.9%/year)
199142.0530.4711.6
19903.63-3.16.7
198928.0631.69-3.6
198810.0316.61-6.6
1987-2.335.1-7.4
30-Year Cumulative3317.9 (12.5%/year)1719.7 (10.2%/year)1598.2 (2.3%/year)
198611.5418.6-7.1
198534.7731.63.2
1984-2.026.1-8.1
198315.7622.4-6.6
198239.1621.417.8
35-Year Cumulative8009.4 (13.4%/year)4377.7 (11.5%/year)3631.7 (1.9%/year)
1981-3.86-51.1
198016.2732.3-16.0

Top Ranked Articles

Mairs & Power Comments on MTS Systems Guru stock highlight
Not every M&A transaction is necessarily positive for investors and we evaluate each based on its individual merits. That is why, earlier this year, when MTS Systems (NASDAQ:MTSC) announced the acquisition of sensor maker PCB Group for $580 million, we decided it was time to exit the stock. In addition to our concerns about execution of the current business, we did not believe the strategy behind the acquisition was solid. It added to the company’s existing sensor business, where the company does not enjoy a strong competitive advantage, and it diluted MTS’s durable competitive advantage in its core test business while adding substantial leverage to the balance sheet. Read more...
Can C. H. Robinson Start Delivering Big Capital Gains Again? Freight broker has a strong position, potential
C. H. Robinson Worldwide, Inc. (NASDAQ:CHRW) dominates the freight brokerage business and has done well for the investors—mainly institutional—who bought its shares some years back. Read more...
Mairs & Power Comments on Wells Fargo Guru stock highlight
Another name in the Fund that has been in the news recently is Wells Fargo (NYSE:WFC). Following reports of widespread deceptive sales practices and resulting government fines, which have hurt both the stock price and the company’s reputation, we have received questions from many of our investors expressing concerns about our Wells Fargo position. While we share investors’ concerns about the extent of the unauthorized accounts problem at Wells Fargo, we have decided to hold existing positions for the present. We know many of the senior executives at Wells Fargo and believe they are people of good character. We do not think the current situation indicates a systemic problem with the values of the organization or its people and we are convinced that changes are underway that will remove the incentives that caused the problem. We are also expecting a slower growth rate for Wells Fargo going forward. Despite our expectation for slower growth, the market has (in our opinion) overly punished the stock and this is a very inopportune time to sell Wells Fargo. We will closely monitor the situation and the impact on the company’s competitive Read more...
Robert Olstein Exits Pentair, Brady, Trims WestRock An overview of the guru's most important sales of the 3rd quarter
Robert Olstein (Trades, Portfolio) is the chairman and chief investment officer of the Olstein Financial Alert Fund. During the third quarter the guru sold shares in the following stocks: Read more...
Mairs & Power Comments on Oshkosh Truck Guru stock highlight
Oshkosh Truck (NYSE:OSK) has benefited from strong end markets in fire and emergency vehicles and a more stable end market in construction-related aerial lift platforms. But the business development we are most excited by is their win of the joint forces light tactical vehicle contract to replace an aging Humvee fleet for the U.S. military. While this contract will take time to ramp up, we believe it will be a significant piece of business for Oshkosh over the next decade. Read more...
» More Mairs and Power Articles

Commentaries and Stories

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8 Undervalued Stocks With Growing Book Values Companies with a wide margin of safety Mairs and Power,Pioneer Investments - 8 Undervalued Stocks With Growing Book Values
The following companies have grown their book values per share (BV/S) over the last 10 years. More...

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Bill Nygren Sells Bank of America, T. Rowe Price, Goldman Sachs The guru's largest 4th-quarter deals Bill Nygren,Mairs and Power,Manning & Napier Advis - Bill Nygren Sells Bank Of America, T. Rowe Price, Goldman Sachs
Bill Nygren (Trades, Portfolio) is portfolio manager of the Oakmark Fund, the Oakmark Select Fund and the Oakmark Global Select Fund. During the fourth quarter the guru sold shares in the following stocks: More...

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Robert Olstein Exits Pentair, Brady, Trims WestRock An overview of the guru's most important sales of the 3rd quarter Robert Olstein,Mairs and Power,T Rowe Price Equity - Robert Olstein Exits Pentair, Brady, Trims WestRock
Robert Olstein (Trades, Portfolio) is the chairman and chief investment officer of the Olstein Financial Alert Fund. During the third quarter the guru sold shares in the following stocks: More...

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Mairs & Power Comments on Agree Guru stock highlight
As interest rates declined, Agree (NYSE:ADC)’s 4%+ dividend looked quite attractive to the market, benefiting the stock. Looking forward, we also believe Agree has a well-positioned commercial real estate portfolio with smaller footprints in high-traffic urban areas. More...

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Mairs & Power Comments on Gentherm Guru stock highlight
Gentherm (NASDAQ:THRM) likewise lowered its guidance for the year as heated and cooled automotive seating has not grown as quickly as anticipated. We believe penetration is still relatively low and growth should improve in this key market. We are also excited by the company’s new product that will help regulate battery temperature in hybrid cars, improving battery productive life. It’s worth noting we had trimmed both positions on previous strength and are now taking advantage of current weakness to buy back some of those shares at more reasonable valuations. More...

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Mairs & Power Comments on Oshkosh Truck Guru stock highlight
Oshkosh Truck (NYSE:OSK) has benefited from strong end markets in fire and emergency vehicles and a more stable end market in construction-related aerial lift platforms. But the business development we are most excited by is their win of the joint forces light tactical vehicle contract to replace an aging Humvee fleet for the U.S. military. While this contract will take time to ramp up, we believe it will be a significant piece of business for Oshkosh over the next decade. More...

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Mairs & Power Small Cap Fund 3rd Quarter Results Market and holdings overview Mairs and Power - Mairs & Power Small Cap Fund 3rd Quarter Results
The market continued its nervous advance with the only consensus opinion being “uncertainty.” For the quarter and the first nine months, the S&P 500 Total Return (TR) was 3.85% and 7.84% respectively and the Dow Jones Industrial Average TR was 2.78% and 7.21%. Our other key benchmark, the Barclays Government/Credit Bond Index Return was 0.40% and 6.66% for the third quarter and year-to-date. More...

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Mairs & Power Comments on Wells Fargo Guru stock highlight
Another name in the Fund that has been in the news recently is Wells Fargo (NYSE:WFC). Following reports of widespread deceptive sales practices and resulting government fines, which have hurt both the stock price and the company’s reputation, we have received questions from many of our investors expressing concerns about our Wells Fargo position. While we share investors’ concerns about the extent of the unauthorized accounts problem at Wells Fargo, we have decided to hold existing positions for the present. We know many of the senior executives at Wells Fargo and believe they are people of good character. We do not think the current situation indicates a systemic problem with the values of the organization or its people and we are convinced that changes are underway that will remove the incentives that caused the problem. We are also expecting a slower growth rate for Wells Fargo going forward. Despite our expectation for slower growth, the market has (in our opinion) overly punished the stock and this is a very inopportune time to sell Wells Fargo. We will closely monitor the situation and the impact on the company’s competitive More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Mairs & Power Comments on MTS Systems Guru stock highlight
Not every M&A transaction is necessarily positive for investors and we evaluate each based on its individual merits. That is why, earlier this year, when MTS Systems (NASDAQ:MTSC) announced the acquisition of sensor maker PCB Group for $580 million, we decided it was time to exit the stock. In addition to our concerns about execution of the current business, we did not believe the strategy behind the acquisition was solid. It added to the company’s existing sensor business, where the company does not enjoy a strong competitive advantage, and it diluted MTS’s durable competitive advantage in its core test business while adding substantial leverage to the balance sheet. More...

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Mairs & Power Comments on Alphabet Guru stock highlight
One such stock is Alphabet (NASDAQ:GOOG) the holding company parent of Google, the leader in on-line search engines. While the company is headquartered outside of the Upper Midwest where many of our investments are located, it is an example of a stock that fits our investment approach in most other ways. The company enjoys above average growth, maintains a durable competitive advantage globally and is attractively valued. More...

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Mairs & Power Growth Fund 3rd Quarter Results Overview of quarter and holdings Mairs and Power - Mairs & Power Growth Fund 3rd Quarter Results
The market continued its nervous advance with the only consensus opinion being “uncertainty.” For the quarter and the first nine months, the S&P 500 Total Return (TR) was 3.85% and 7.84% respectively and the Dow Jones Industrial Average TR was 2.78% and 7.21%. Our other key benchmark, the Barclays Government/Credit Bond Index Return was 0.40% and 6.66% for the third quarter and year-to-date. More...

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Mairs and Power Buys Walt Disney, Exits Baxalta Largest trades by the firm in the 2nd quarter Mairs and Power - Mairs And Power Buys Walt Disney, Exits Baxalta
Mairs and Power (Trades, Portfolio) is a small firm whose strength and success has resulted from applying a conservative growth investment approach consistently for over 70 years. During the second quarter, the firm traded the following stocks. More...

MAIRS, POWER, TRADES


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Can C. H. Robinson Start Delivering Big Capital Gains Again? Freight broker has a strong position, potential Donald Yacktman,Mairs and Power - Can C. H. Robinson Start Delivering Big Capital Gains Again?
C. H. Robinson Worldwide, Inc. (NASDAQ:CHRW) dominates the freight brokerage business and has done well for the investors—mainly institutional—who bought its shares some years back. More...

TRANSPORTATION, LOGISTICS, INSTITUTIONAL INVESTORS, FORTUNE 500, UNDERVALUED PREDICTABLE


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Company Shares Trading With Low P/S Ratios Most of these stocks are undervalued Bill Gates,Mairs and Power,Jim Simons,Jeremy Grant - Company Shares Trading With Low P/S Ratios
According to GuruFocus' All-in-One Screener, the following are companies with market caps above $5 billion that are trading with low P/S ratios. More...

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Guru Stocks With Low PS Ratio, Wide Margin of Safety Telecom Italia and Cummins are undervalued according to Peter Lynch earnings line Bill Nygren, Mairs and Power, Charles Brandes - Guru Stocks With Low PS Ratio, Wide Margin Of Safety
According to GuruFocus' All-in-One Screener, the following are companies with a market cap above $5 billion that are trading with a very low P/S ratio. More...

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Mairs and Power Boosts Holdings in Hormel Foods Guru rearranges its 20 most-valuable stakes in 4th quarter Mairs and Power - Mairs And Power Boosts Holdings In Hormel Foods
Mairs and Power (Trades, Portfolio) had an interesting fourth quarter, adding and reducing holdings in familiar and not-so-familiar names and rearranging its 20 most-valuable stakes. More...

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Mairs and Power Sells Baxalta, Walt Disney, Target Firm trims stake in Baxalta by 18% Mairs and Power - Mairs And Power Sells Baxalta, Walt Disney, Target
Mairs & Power is an investment firm whose strength and success has resulted from applying a conservative growth investment approach consistently for over 70 years. The following are its largest sales during the third quarter. More...

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Mairs and Power Buys American Express, Pfizer in 3rd Quarter Firm increases stake in American Express by 87% Mairs and Power - Mairs And Power Buys American Express, Pfizer In 3rd Quarter
Mairs and Power (Trades, Portfolio) Inc. is an investment firm whose strength and success has resulted from applying a conservative growth investment approach consistently for over 70 years. The following are its most notable buys during the third quarter. More...

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Mairs and Power Growth Fund 3rd Quarter Letter Third quarter market overview - September 30, 2015 Mairs and Power - Mairs And Power Growth Fund 3rd Quarter Letter
As the year began, many companies were battling a decline in energy prices, commodity prices and a strong dollar. Then, during the third quarter China started to show more incremental weakness in its economy as well, intensifying the weakness in agriculture and commodity prices. The market reacted and the dizzying one-day swing of more than 1,000 points in the Dow Jones Industrial Average on August 24th delivered the event that had been worrying investors, a market correction -- technically a 10% move off of recent highs. The correction was widespread, resulting in negative third quarter returns across every sector except consumer staples and utilities. Only consumer discretionary and healthcare remains in positive territory year-to-date. More...

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