Mutual of America Capital Management LLC Sells 710 Shares of Polaris Inc. $PII

Mutual of America Capital Management LLC lessened its holdings in Polaris Inc. (NYSE:PII) by 2.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,271 shares of the company’s stock after selling 710 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Polaris were worth $1,068,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in Polaris by 7,462.5% during the first quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock worth $50,000 after buying an additional 1,194 shares during the last quarter. Fifth Third Bancorp boosted its stake in Polaris by 39.9% during the 2nd quarter. Fifth Third Bancorp now owns 1,393 shares of the company’s stock worth $57,000 after acquiring an additional 397 shares during the last quarter. UMB Bank n.a. boosted its stake in Polaris by 79.0% during the 2nd quarter. UMB Bank n.a. now owns 1,441 shares of the company’s stock worth $59,000 after acquiring an additional 636 shares during the last quarter. Opal Wealth Advisors LLC boosted its stake in Polaris by 91.4% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $67,000 after acquiring an additional 782 shares during the last quarter. Finally, Quarry LP bought a new position in Polaris during the 1st quarter worth approximately $87,000. Institutional investors own 88.06% of the company’s stock.

Polaris Stock Performance

Shares of PII opened at $71.15 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 Inc. has a twelve month low of $30.92 and a twelve month high of $74.75. The firm’s 50 day moving average price is $60.07 and its two-hundred day moving average price is $48.58. The firm has a market cap of $4.00 billion, a P/E ratio of -37.84, a PEG ratio of 64.39 and a beta of 1.08.

Polaris (NYSE:PII) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates 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 negative net margin of 1.57% and a positive return on equity of 5.16%. The business’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. On average, analysts forecast that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Polaris’s payout ratio is currently -142.55%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Polaris in a research note on Saturday. Roth Capital lifted their price objective on shares of Polaris from $41.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Royal Bank Of Canada lifted their price objective on shares of Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. UBS Group lifted their price objective on shares of Polaris from $45.00 to $58.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Finally, Robert W. Baird lifted their price objective on shares of Polaris from $55.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Polaris has a consensus rating of “Hold” and an average price target of $51.00.

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.