Massachusetts Financial Services Co. MA Makes New $8.29 Million Investment in Polaris Inc. $PII

Massachusetts Financial Services Co. MA bought a new position in Polaris Inc. (NYSE:PII) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 131,111 shares of the company’s stock, valued at approximately $8,293,000.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Polaris by 15.7% during the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock worth $127,554,000 after buying an additional 426,482 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Polaris by 30.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company’s stock worth $132,600,000 after buying an additional 528,300 shares during the period. American Century Companies Inc. boosted its holdings in shares of Polaris by 24.2% during the 3rd quarter. American Century Companies Inc. now owns 1,450,670 shares of the company’s stock worth $84,328,000 after buying an additional 282,570 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Polaris by 0.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,344,231 shares of the company’s stock worth $78,145,000 after buying an additional 7,054 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of Polaris by 6.3% during the 2nd quarter. Invesco Ltd. now owns 959,255 shares of the company’s stock worth $38,994,000 after buying an additional 56,504 shares during the period. 88.06% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Michael T. Speetzen sold 35,086 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total value of $2,344,797.38. Following the completion of the transaction, the chief executive officer owned 136,362 shares in the company, valued at approximately $9,113,072.46. This represents a 20.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total transaction of $674,213.80. Following the completion of the transaction, the insider owned 30,242 shares of the company’s stock, valued at approximately $2,020,770.44. This represents a 25.02% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 50,419 shares of company stock worth $3,371,183. 2.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a report on Thursday, January 8th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Royal Bank Of Canada decreased their price objective on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a report on Tuesday, January 27th. Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Finally, Morgan Stanley decreased their price objective on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, February 17th. Ten analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Polaris currently has a consensus rating of “Reduce” and a consensus target price of $63.11.

Polaris Price Performance

Shares of Polaris stock opened at $53.02 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.35. Polaris Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $75.25. The firm has a fifty day moving average price of $57.84 and a two-hundred day moving average price of $63.43. The company has a market cap of $3.01 billion, a PE ratio of -6.48 and a beta of 1.17.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the prior year, the firm earned $0.92 EPS. The business’s revenue was up 9.5% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. Analysts expect that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.68 dividend. The ex-dividend date was Monday, March 2nd. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.1%. This is a positive change from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio is currently -33.25%.

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.