Raymond James Financial Inc. Cuts Holdings in Polaris Inc. $PII

Raymond James Financial Inc. lessened its stake in Polaris Inc. (NYSE:PII) by 31.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 260,080 shares of the company’s stock after selling 117,838 shares during the period. Raymond James Financial Inc. owned approximately 0.46% of Polaris worth $10,648,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. RWWM Inc. grew its stake in Polaris by 169.2% in the 1st quarter. RWWM Inc. now owns 2,395,049 shares of the company’s stock worth $98,053,000 after buying an additional 1,505,351 shares in the last quarter. American Century Companies Inc. grew its stake in Polaris by 7.2% in the 1st quarter. American Century Companies Inc. now owns 1,067,476 shares of the company’s stock worth $43,702,000 after buying an additional 71,604 shares in the last quarter. Invesco Ltd. grew its stake in Polaris by 352.5% in the 1st quarter. Invesco Ltd. now owns 902,751 shares of the company’s stock worth $36,959,000 after buying an additional 703,240 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Polaris by 4.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 579,429 shares of the company’s stock worth $23,722,000 after buying an additional 24,122 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in Polaris by 4.6% in the 4th quarter. Brown Advisory Inc. now owns 525,028 shares of the company’s stock worth $30,252,000 after buying an additional 22,853 shares in the last quarter. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Trading Up 0.4%

NYSE:PII opened at $56.58 on Friday. The company has a fifty day moving average of $50.49 and a 200 day moving average of $43.41. Polaris Inc. has a 52 week low of $30.92 and a 52 week high of $86.51. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of $3.18 billion, a P/E ratio of -30.09 and a beta of 1.04.

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

Polaris Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Tuesday, September 2nd. Polaris’s dividend payout ratio is currently -142.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Robert W. Baird boosted their price target on shares of Polaris from $46.00 to $55.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 30th. Citigroup restated a “sell” rating and issued a $27.00 price objective (up from $23.00) on shares of Polaris in a report on Monday, June 16th. Wall Street Zen upgraded shares of Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. Royal Bank Of Canada boosted their price objective on shares of Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Finally, Roth Capital boosted their price objective on shares of Polaris from $32.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $48.33.

Polaris 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.