Polaris Inc. (NYSE:PII) Receives Consensus Recommendation of “Hold” from Brokerages

Polaris Inc. (NYSE:PII) has received a consensus rating of “Hold” from the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $48.3333.

PII has been the subject of several recent research reports. Royal Bank Of Canada boosted their target price on shares of 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 shares of Polaris from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 2nd. BMO Capital Markets reiterated a “market perform” rating and set a $52.00 price objective (up previously from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 27th. Finally, Citigroup reaffirmed a “sell” rating and set a $27.00 target price (up from $23.00) on shares of Polaris in a report on Monday, June 16th.

Hedge Funds Weigh In On Polaris

Several institutional investors have recently modified their holdings of the company. State Street Corp increased its position in Polaris by 15.7% in the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after acquiring an additional 426,482 shares during the period. RWWM Inc. increased its holdings in shares of Polaris by 0.3% during the second quarter. RWWM Inc. now owns 2,401,477 shares of the company’s stock valued at $97,620,000 after purchasing an additional 6,428 shares during the period. AQR Capital Management LLC raised its stake in shares of Polaris by 564.8% during the second quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock valued at $70,673,000 after purchasing an additional 1,489,157 shares in the last quarter. Select Equity Group L.P. lifted its holdings in Polaris by 142.1% in the first quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company’s stock worth $66,346,000 after purchasing an additional 951,195 shares during the period. Finally, Geode Capital Management LLC grew its position in Polaris by 44.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,311,659 shares of the company’s stock valued at $53,326,000 after buying an additional 404,178 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

Polaris Trading Up 1.2%

Shares of NYSE PII opened at $57.93 on Friday. The stock’s 50 day moving average price is $51.85 and its two-hundred day moving average price is $43.76. Polaris has a 52-week low of $30.92 and a 52-week high of $86.51. The stock has a market capitalization of $3.26 billion, a P/E ratio of -30.81 and a beta of 1.08. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17.

Polaris (NYSE:PII) last issued its earnings results on Tuesday, July 29th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.05 by $0.35. The company had revenue of $1.85 billion during 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 business’s revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Polaris will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Tuesday, September 2nd. Polaris’s dividend payout ratio is presently -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.