Polaris (NYSE:PII) Given New $60.00 Price Target at Robert W. Baird

Polaris (NYSE:PII) had its target price boosted by Robert W. Baird from $55.00 to $60.00 in a research report sent to investors on Monday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently commented on PII. BMO Capital Markets reaffirmed 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. Royal Bank Of Canada boosted their price target on shares of Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Polaris in a report on Saturday, September 27th. Roth Capital lifted their price objective on Polaris from $32.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Finally, UBS Group boosted their target price on Polaris from $45.00 to $58.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $52.33.

Polaris Price Performance

Shares of NYSE PII opened at $64.27 on Monday. 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 has a fifty-two week low of $30.92 and a fifty-two week high of $84.08. The stock has a market cap of $3.61 billion, a PE ratio of -34.19 and a beta of 1.08. The stock has a fifty day moving average of $56.86 and a 200-day moving average of $45.98.

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. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter last year, the company earned $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. Equities research analysts anticipate that Polaris will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.2%. Polaris’s dividend payout ratio is -142.55%.

Institutional Trading of Polaris

A number of hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Polaris by 162.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,423 shares of the company’s stock worth $427,000 after acquiring an additional 6,453 shares in the last quarter. Calton & Associates Inc. bought a new position in shares of Polaris during the 1st quarter valued at $272,000. Deutsche Bank AG raised its position in Polaris by 305.0% in the 1st quarter. Deutsche Bank AG now owns 26,982 shares of the company’s stock worth $1,105,000 after purchasing an additional 20,320 shares during the period. Cerity Partners LLC lifted its stake in Polaris by 25.9% in the first quarter. Cerity Partners LLC now owns 53,082 shares of the company’s stock worth $2,173,000 after purchasing an additional 10,906 shares during the last quarter. Finally, Bard Financial Services Inc. purchased a new stake in Polaris during the first quarter valued at about $1,577,000. Institutional investors own 88.06% of the company’s stock.

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.