Charles Schwab Investment Management Inc. Boosts Stock Position in Polaris Inc. $PII

Charles Schwab Investment Management Inc. raised its position in shares of Polaris Inc. (NYSE:PIIFree Report) by 4.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 579,429 shares of the company’s stock after purchasing an additional 24,122 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.03% of Polaris worth $23,722,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in PII. UMB Bank n.a. grew its stake in Polaris by 114.1% during the 1st quarter. UMB Bank n.a. now owns 805 shares of the company’s stock valued at $33,000 after purchasing an additional 429 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of Polaris in the 1st quarter valued at about $35,000. Fifth Third Bancorp lifted its holdings in shares of Polaris by 46.9% in the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock valued at $41,000 after buying an additional 318 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Polaris by 191.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company’s stock valued at $50,000 after buying an additional 797 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Polaris by 7,462.5% in the 1st quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock valued at $50,000 after buying an additional 1,194 shares during the period. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on PII shares. Citigroup reissued a “sell” rating and issued a $27.00 price objective (up previously from $23.00) on shares of Polaris in a report on Monday, June 16th. Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. Robert W. Baird boosted their price objective on Polaris from $46.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Royal Bank Of Canada boosted their price objective on Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Finally, Roth Capital boosted their price objective on Polaris from $32.00 to $41.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. One 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, Polaris currently has a consensus rating of “Hold” and a consensus price target of $48.33.

Check Out Our Latest Analysis on Polaris

Polaris Stock Performance

NYSE PII opened at $54.91 on Thursday. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of -29.21 and a beta of 1.04. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $87.83. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. The stock has a 50-day moving average of $48.26 and a 200 day moving average of $42.86.

Polaris (NYSE:PIIGet Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.35. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the prior year, the firm posted $1.38 EPS. Polaris’s quarterly revenue was down 5.5% compared to the same quarter last year. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.9%. Polaris’s dividend payout ratio is presently -142.55%.

Polaris Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Polaris (NYSE:PII)

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