Polaris (NYSE:PII) Given New $65.00 Price Target at Robert W. Baird

Posted by Brenda Bartman on Oct 8th, 2026

Polaris (NYSE:PII – Free Report) had its price target reduced by Robert W. Baird from $72.00 to $65.00 in a report issued on Wednesday,Benzinga reports. They currently have a neutral rating on the stock.

PII has been the subject of several other research reports. KeyCorp reissued a “sector weight” rating on shares of Polaris in a report on Wednesday, July 29th. Bank of America reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, July 29th. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a research report on Monday. UBS Group reduced their target price on shares of Polaris from $67.00 to $61.00 and set a “neutral” rating for the company in a research note on Friday, September 18th. Finally, Royal Bank Of Canada boosted their price target on shares of Polaris from $65.00 to $75.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $65.89.

Read Our Latest Stock Report on Polaris

Polaris Price Performance

Polaris stock opened at $52.75 on Wednesday. The business’s 50 day simple moving average is $61.41 and its 200 day simple moving average is $63.54. Polaris has a 12 month low of $47.14 and a 12 month high of $77.98. The company has a market cap of $3.00 billion, a price-to-earnings ratio of -11.39 and a beta of 1.32. 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 (NYSE:PII – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $1.21. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period last year, the business posted ($1.39) earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. Sell-side analysts forecast that Polaris will post 3.22 EPS for the current year.

Polaris Announces Dividend

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 was Tuesday, September 1st. This represents a $2.72 annualized dividend and a yield of 5.2%. Polaris’s dividend payout ratio (DPR) is currently -58.75%.

Institutional Investors Weigh In On Polaris

Hedge funds and other institutional investors have recently modified their holdings of the stock. Auto Owners Insurance Co boosted its position in shares of Polaris by 6,225.0% in the fourth quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock valued at $4,140,582,000 after acquiring an additional 64,428,750 shares during the period. BlackRock Inc. purchased a new position in Polaris during the second quarter valued at approximately $501,360,000. State Street Corp increased its holdings in Polaris by 4.7% during the 2nd quarter. State Street Corp now owns 2,692,541 shares of the company’s stock worth $184,306,000 after acquiring an additional 121,031 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Polaris by 7.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,546,260 shares of the company’s stock valued at $84,269,000 after purchasing an additional 107,109 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Polaris during the 2nd quarter valued at $77,817,000. 88.06% of the stock is currently owned by institutional investors.

Key Polaris News

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

About Polaris

(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.