Polaris (NYSE:PII) Given New $58.00 Price Target at UBS Group

Polaris (NYSE:PII) had its price target lifted by UBS Group from $45.00 to $58.00 in a research report released on Monday morning, MarketBeat reports. UBS Group currently has a neutral rating on the stock.

A number of other brokerages also recently commented on PII. Roth Capital raised their price objective on Polaris from $32.00 to $41.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised their price objective on Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 target price (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Zacks Research cut Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 27th. Finally, Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. One investment analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $49.17.

Polaris Price Performance

Shares of PII stock opened at $58.53 on Monday. The stock has a 50 day moving average of $53.11 and a two-hundred day moving average of $44.11. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. Polaris has a 12 month low of $30.92 and a 12 month high of $86.51. The company has a market capitalization of $3.29 billion, a P/E ratio of -31.13 and a beta of 1.08.

Polaris (NYSE:PII) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.35. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter last year, the company earned $1.38 EPS. The company’s quarterly revenue was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Polaris will post 1.11 EPS for the current year.

Polaris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Polaris’s dividend payout ratio (DPR) is currently -142.55%.

Institutional Investors Weigh In On Polaris

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State of Michigan Retirement System increased its holdings in Polaris by 2.4% during the 2nd quarter. State of Michigan Retirement System now owns 12,679 shares of the company’s stock valued at $515,000 after purchasing an additional 300 shares in the last quarter. Koss Olinger Consulting LLC increased its holdings in Polaris by 0.8% during the 2nd quarter. Koss Olinger Consulting LLC now owns 40,667 shares of the company’s stock valued at $1,653,000 after purchasing an additional 304 shares in the last quarter. Fifth Third Bancorp increased its holdings in Polaris by 46.9% during the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock valued at $41,000 after purchasing an additional 318 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Polaris by 4.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 8,064 shares of the company’s stock valued at $328,000 after purchasing an additional 318 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC increased its holdings in Polaris by 5.0% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company’s stock valued at $327,000 after purchasing an additional 379 shares in the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.