Northern Trust Corp Acquires 24,532 Shares of Polaris Inc. $PII

Northern Trust Corp raised its holdings in Polaris Inc. (NYSE:PII) by 5.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 469,494 shares of the company’s stock after purchasing an additional 24,532 shares during the quarter. Northern Trust Corp owned approximately 0.84% of Polaris worth $19,221,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on PII shares. Royal Bank Of Canada lifted their target price on Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 30th. Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Roth Capital lifted their target price on Polaris from $32.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Citigroup reaffirmed a “sell” rating and set a $27.00 price objective (up from $23.00) on shares of Polaris in a research note on Monday, June 16th. Finally, Zacks Research cut Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 27th. One research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $48.33.

Polaris Stock Up 0.4%

Shares of Polaris stock opened at $56.58 on Tuesday. The business has a fifty day simple moving average of $50.81 and a 200 day simple moving average of $43.49. 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 stock has a market cap of $3.18 billion, a PE ratio of -30.09 and a beta of 1.08. Polaris Inc. has a 12 month low of $30.92 and a 12 month high of $86.51.

Polaris (NYSE:PII) last posted its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.35. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates 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 for the quarter was down 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. Research analysts predict that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Announces Dividend

The firm 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 is Tuesday, September 2nd. This represents a $2.68 annualized dividend and a yield of 4.7%. Polaris’s payout ratio is currently -142.55%.

About Polaris

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.