Eubel Brady & Suttman Asset Management Inc. Purchases 121,072 Shares of Polaris Inc. $PII

Eubel Brady & Suttman Asset Management Inc. boosted its holdings in Polaris Inc. (NYSE:PII) by 24.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 606,748 shares of the company’s stock after purchasing an additional 121,072 shares during the period. Polaris makes up 3.1% of Eubel Brady & Suttman Asset Management Inc.’s portfolio, making the stock its 11th largest position. Eubel Brady & Suttman Asset Management Inc. owned 1.08% of Polaris worth $24,664,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of PII. Allworth Financial LP grew its holdings in shares of Polaris by 7,462.5% during the first quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock valued at $50,000 after buying an additional 1,194 shares during the last quarter. Fifth Third Bancorp grew its stake in Polaris by 39.9% during the second quarter. Fifth Third Bancorp now owns 1,393 shares of the company’s stock valued at $57,000 after acquiring an additional 397 shares in the last quarter. UMB Bank n.a. grew its stake in Polaris by 79.0% during the second quarter. UMB Bank n.a. now owns 1,441 shares of the company’s stock valued at $59,000 after acquiring an additional 636 shares in the last quarter. Opal Wealth Advisors LLC grew its stake in shares of Polaris by 91.4% in the 2nd quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $67,000 after buying an additional 782 shares in the last quarter. Finally, Quarry LP bought a new stake in shares of Polaris in the 1st quarter worth about $87,000. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

Shares of NYSE PII opened at $67.43 on Wednesday. The firm has a market capitalization of $3.79 billion, a P/E ratio of -35.87, a PEG ratio of 64.70 and a beta of 1.08. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. Polaris Inc. has a one year low of $30.92 and a one year high of $75.25. The company’s fifty day moving average is $60.58 and its two-hundred day moving average is $49.06.

Polaris (NYSE:PII) last announced its earnings results on Tuesday, October 28th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.04. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Polaris has set its FY 2025 guidance at -0.050–0.050 EPS. Q4 2025 guidance at 0.050-0.050 EPS. Analysts forecast that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Polaris’s dividend payout ratio is currently -142.55%.

Analysts Set New Price Targets

PII has been the subject of several recent research reports. Robert W. Baird boosted their price target on shares of Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Polaris in a report on Wednesday, October 8th. Wall Street Zen raised shares of Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. Royal Bank Of Canada increased their target price on shares of Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Finally, Citigroup raised shares of Polaris from a “sell” rating to a “neutral” rating and upped their price objective for the company from $35.00 to $60.00 in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.00.

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.