Polaris Inc. $PII Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its holdings in shares of Polaris Inc. (NYSE:PII) by 6.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,303,324 shares of the company’s stock after selling 339,139 shares during the period. Vanguard Group Inc. owned approximately 9.44% of Polaris worth $217,118,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of Polaris by 8.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 41,445 shares of the company’s stock valued at $2,388,000 after acquiring an additional 3,210 shares during the last quarter. Sterling Capital Management LLC boosted its stake in shares of Polaris by 58.2% during the fourth quarter. Sterling Capital Management LLC now owns 3,095 shares of the company’s stock valued at $178,000 after acquiring an additional 1,139 shares during the last quarter. Barclays PLC boosted its stake in shares of Polaris by 31.6% during the fourth quarter. Barclays PLC now owns 51,074 shares of the company’s stock valued at $2,944,000 after acquiring an additional 12,269 shares during the last quarter. Mariner LLC boosted its stake in Polaris by 1.2% in the 4th quarter. Mariner LLC now owns 51,759 shares of the company’s stock worth $2,982,000 after buying an additional 625 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Polaris by 66.5% in the 4th quarter. Guggenheim Capital LLC now owns 26,687 shares of the company’s stock worth $1,538,000 after buying an additional 10,656 shares during the last quarter. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PII has been the topic of a number of research analyst reports. Citigroup reissued a “sell” rating and issued a $27.00 price target (up from $23.00) on shares of Polaris in a research note on Monday, June 16th. Roth Capital raised their price target on Polaris from $32.00 to $41.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Morgan Stanley decreased their price target on Polaris from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 1st. Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Robert W. Baird raised their price target on Polaris from $46.00 to $55.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $48.33.

Polaris Stock Performance

Shares of NYSE:PII opened at $56.5980 on Wednesday. The company has a market cap of $3.18 billion, a P/E ratio of -30.11 and a beta of 1.04. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. Polaris Inc. has a one year low of $30.92 and a one year high of $87.83. The business’s 50-day simple moving average is $48.00 and its 200 day simple moving average is $42.77.

Polaris (NYSE:PII) last announced its earnings results on Tuesday, July 29th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.05 by $0.35. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company’s revenue was down 5.5% on a year-over-year basis. During the same period last year, the business posted $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Tuesday, September 2nd. Polaris’s dividend payout ratio (DPR) is presently -142.55%.

Polaris Company Profile

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.