Polaris (NYSE:PII) Cut to “Hold” at Zacks Research

Posted by Brenda Bartman on Oct 8th, 2026

Zacks Research lowered shares of Polaris (NYSE:PII – Free Report) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks reports.

Several other analysts have also recently commented on PII. UBS Group dropped their price target on Polaris from $67.00 to $61.00 and set a “neutral” rating for the company in a research report on Friday, September 18th. Roth Capital reaffirmed a “neutral” rating on shares of Polaris in a research note on Wednesday, July 29th. Robert W. Baird upped their target price on shares of Polaris from $70.00 to $72.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Royal Bank Of Canada raised their price target on shares of Polaris from $65.00 to $75.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 29th. Finally, Citigroup lowered their price target on shares of Polaris from $73.00 to $67.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $65.89.

Check Out Our Latest Report on Polaris

Polaris Trading Down 0.1%

Shares of Polaris stock opened at $52.75 on Monday. The company has a current ratio of 1.20, a quick ratio of 0.47 and a debt-to-equity ratio of 2.28. Polaris has a twelve month low of $47.14 and a twelve month high of $77.98. The firm has a market capitalization of $3.00 billion, a PE ratio of -11.39 and a beta of 1.32. The firm’s 50-day moving average price is $61.41 and its 200 day moving average price is $63.54.

Polaris (NYSE:PII – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $1.21. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.95 billion. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The business’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($1.39) earnings per share. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. On average, sell-side analysts predict that Polaris will post 3.22 EPS for the current fiscal year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $0.68 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.2%. Polaris’s dividend payout ratio (DPR) is -58.75%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Polaris by 10.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,762 shares of the company’s stock valued at $942,000 after purchasing an additional 1,297 shares during the period. State Street Corp raised its stake in Polaris by 4.7% during the second quarter. State Street Corp now owns 2,692,541 shares of the company’s stock worth $184,306,000 after purchasing an additional 121,031 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Polaris by 2.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,152 shares of the company’s stock valued at $3,364,000 after purchasing an additional 947 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Polaris in the 2nd quarter valued at about $259,000. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Polaris by 23.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,126 shares of the company’s stock valued at $351,000 after buying an additional 959 shares during the period. Institutional investors and hedge funds own 88.06% of the company’s stock.

Polaris News Roundup

Here are the key news stories impacting Polaris this week:

Neutral Sentiment: Polaris scheduled the release of its third-quarter 2026 results for October 27, followed by a conference call with CEO Mike Speetzen and CFO Bob Mack. The announcement provides a near-term catalyst, although investors will likely focus on demand, margins and full-year guidance. Polaris third-quarter earnings announcement
Neutral Sentiment: A review of consumer discretionary and leisure-products companies highlighted Polaris among the sector’s second-quarter performers. The article offers industry context but does not appear to introduce a new company-specific financial catalyst. Spotting Winners: Polaris and leisure-products stocks
Negative Sentiment: Robert W. Baird lowered its Polaris price target from $72 to $65 and maintained a neutral rating. Although the new target implies substantial upside from recent trading levels, the reduction signals more cautious expectations for the company’s outlook. Baird lowers Polaris price target
Negative Sentiment: Zacks Research downgraded Polaris from “strong buy” to “hold,” adding to the bearish sentiment and likely contributing to the stock’s recent decline. Zacks downgrades Polaris to hold

Polaris Company Profile

(Get Free Report)

Polaris Inc is a powersports and recreational vehicles company headquartered in Medina, Minnesota. Founded in 1954, the company initially became known for its snowmobiles and has expanded into a diversified manufacturer of off-road vehicles, motorcycles, snowmobiles, and marine products.

Its product portfolio includes all-terrain vehicles and side-by-side vehicles sold under brands such as RANGER, RZR, and Sportsman. Polaris also manufactures snowmobiles under the Polaris brand, motorcycles through Indian Motorcycle and Slingshot, and boats through marine brands including Bennington, Godfrey, and Hurricane.