RM Financial Services LLC bought a new position in shares of Polaris Inc. (NYSE:PII – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 14,120 shares of the company’s stock, valued at approximately $893,000.
Several other hedge funds have also recently bought and sold shares of the company. Focus Partners Advisor Solutions LLC raised its position in Polaris by 72.7% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 7,893 shares of the company’s stock valued at $499,000 after purchasing an additional 3,322 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Polaris by 101.7% in the 4th quarter. Cerity Partners LLC now owns 192,116 shares of the company’s stock valued at $12,151,000 after acquiring an additional 96,845 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Polaris by 3.3% in the 4th quarter. Franklin Resources Inc. now owns 76,101 shares of the company’s stock valued at $4,813,000 after acquiring an additional 2,410 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Polaris in the 4th quarter valued at about $1,610,000. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of Polaris in the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 88.06% of the company’s stock.
Wall Street Analyst Weigh In
PII has been the topic of a number of research reports. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Citigroup raised their price target on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research note on Wednesday, April 29th. Morgan Stanley decreased their price objective on Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 19th. Finally, Robert W. Baird increased their price objective on Polaris from $67.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Polaris has an average rating of “Hold” and an average target price of $64.44.
Polaris Stock Down 4.2%
PII opened at $66.58 on Thursday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. The business has a 50 day simple moving average of $62.62 and a 200-day simple moving average of $63.62. The stock has a market capitalization of $3.79 billion, a P/E ratio of -8.49 and a beta of 1.26. Polaris Inc. has a 12 month low of $38.42 and a 12 month high of $75.25.
Polaris (NYSE:PII – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.43) by $0.56. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.Polaris’s revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.90) earnings per share. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. On average, equities analysts anticipate that Polaris Inc. will post 1.76 earnings per share for the current fiscal year.
Polaris Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.72 annualized dividend and a yield of 4.1%. Polaris’s dividend payout ratio (DPR) is presently -34.69%.
Polaris Profile
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.
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