Polaris Inc. $PII is Bayforest Capital Ltd’s 8th Largest Position

Bayforest Capital Ltd increased its stake in Polaris Inc. (NYSE:PII) by 305.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 31,687 shares of the company’s stock after buying an additional 23,878 shares during the period. Polaris comprises 0.6% of Bayforest Capital Ltd’s holdings, making the stock its 8th largest position. Bayforest Capital Ltd’s holdings in Polaris were worth $1,288,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PII. UMB Bank n.a. boosted its stake in shares of Polaris by 114.1% during the 1st quarter. UMB Bank n.a. now owns 805 shares of the company’s stock worth $33,000 after acquiring an additional 429 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of Polaris during the 1st quarter worth $35,000. Fifth Third Bancorp boosted its stake in shares of Polaris by 46.9% during the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock worth $41,000 after acquiring an additional 318 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Polaris by 7,462.5% during the 1st quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock worth $50,000 after acquiring an additional 1,194 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of Polaris during the 1st quarter worth $87,000. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 27th. UBS Group lifted their target price on shares of Polaris from $45.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Robert W. Baird lifted their target price on shares of Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Citigroup upgraded shares of Polaris from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $35.00 to $60.00 in a research note on Wednesday, October 1st. Finally, Roth Capital boosted their price target on shares of Polaris from $32.00 to $41.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $52.33.

Polaris Price Performance

Shares of PII stock opened at $61.31 on Tuesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37. The company has a market capitalization of $3.45 billion, a P/E ratio of -32.61 and a beta of 1.08. The company’s 50-day simple moving average is $57.75 and its two-hundred day simple moving average is $46.65. Polaris Inc. has a one year low of $30.92 and a one year high of $84.08.

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

Polaris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 4.4%. Polaris’s dividend payout ratio is presently -142.55%.

Polaris Company Profile

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.