Quantbot Technologies LP Takes Position in Polaris Inc. $PII

Quantbot Technologies LP bought a new position in Polaris Inc. (NYSE:PII – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 12,780 shares of the company’s stock, valued at approximately $875,000.

Several other large investors have also recently modified their holdings of the stock. Auto Owners Insurance Co lifted its position in Polaris by 6,225.0% in the fourth quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock worth $4,140,582,000 after buying an additional 64,428,750 shares during the last quarter. BlackRock Inc. bought a new position in Polaris during the second quarter valued at $501,360,000. AQR Capital Management LLC increased its position in Polaris by 564.8% during the second quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock valued at $70,673,000 after acquiring an additional 1,489,157 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Polaris in the fourth quarter valued at $81,447,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Polaris by 166.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock valued at $122,058,000 after acquiring an additional 1,204,405 shares during the period. Institutional investors own 88.06% of the company’s stock.

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Polaris Stock Performance

Shares of NYSE:PII opened at $63.81 on Thursday. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of -13.78 and a beta of 1.26. The company has a quick ratio of 0.47, a current ratio of 1.20 and a debt-to-equity ratio of 2.28. Polaris Inc. has a 52 week low of $47.14 and a 52 week high of $77.98. The firm has a 50 day moving average of $68.96 and a 200 day moving average of $64.18.

Polaris (NYSE:PII – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $1.21. The firm 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 quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned ($1.39) EPS. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. On average, sell-side analysts predict that Polaris Inc. will post 3.22 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, September 1st. Polaris’s payout ratio is currently -58.75%.

Analyst Upgrades and Downgrades

PII has been the subject of a number of recent analyst reports. Robert W. Baird lifted their price target on shares of Polaris from $70.00 to $72.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Morgan Stanley reduced their price objective on shares of Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Royal Bank Of Canada raised their price objective 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. Zacks Research raised Polaris from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, KeyCorp reiterated a “sector weight” rating on shares of Polaris in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $67.00.

Check Out Our Latest Analysis on Polaris

Polaris Profile

(Free Report)

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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