Polaris Inc. $PII Shares Bought by S&T Bank PA

S&T Bank PA grew its position in Polaris Inc. (NYSE:PII) by 33.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,702 shares of the company’s stock after purchasing an additional 14,576 shares during the period. S&T Bank PA owned approximately 0.10% of Polaris worth $2,386,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of PII. Huntington National Bank raised its position in Polaris by 218.0% during the 2nd quarter. Huntington National Bank now owns 1,062 shares of the company’s stock worth $43,000 after buying an additional 728 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Polaris by 7,462.5% in the 1st 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 period. Fifth Third Bancorp boosted its stake in shares of Polaris by 39.9% in the second quarter. Fifth Third Bancorp now owns 1,393 shares of the company’s stock worth $57,000 after buying an additional 397 shares during the last quarter. UMB Bank n.a. grew its holdings in Polaris by 79.0% during the second quarter. UMB Bank n.a. now owns 1,441 shares of the company’s stock worth $59,000 after acquiring an additional 636 shares during the period. Finally, Opal Wealth Advisors LLC grew its holdings in Polaris by 91.4% during the second quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $67,000 after acquiring an additional 782 shares during the period. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

PII stock opened at $65.10 on Friday. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $75.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.02 and a quick ratio of 0.37. The firm has a market capitalization of $3.66 billion, a PE ratio of -24.57 and a beta of 1.09. The business has a 50 day simple moving average of $61.95 and a 200-day simple moving average of $50.54.

Polaris (NYSE:PII) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.37 by $0.04. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.68 billion. Polaris had a positive return on equity of 3.89% and a negative net margin of 2.17%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the business posted $0.73 earnings per share. Polaris has set its FY 2025 guidance at -0.050–0.050 EPS. Q4 2025 guidance at 0.050-0.050 EPS. Equities research analysts anticipate that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, December 1st. Polaris’s dividend payout ratio is currently -101.13%.

Wall Street Analysts Forecast Growth

PII has been the topic of a number of analyst reports. Zacks Research raised shares of Polaris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Citigroup increased their target price on shares of Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. UBS Group lifted their price target on 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 raised their price objective on Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $70.00 target price on shares of Polaris in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $54.91.

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.